The Nevada Study

Nevada launched its Transfer of Wealth Analysis in October 2007 and released the final report, Wealth Transfer in Nevada, in April 2008. The study was co-sponsored by the Community Foundation of Western Nevada, the Nevada Community Foundation and the Nevada Commission on Economic Development. The study findings will enable individuals to make informed decisions about charitable endowment building for long-term and sustainable community development and enhancement. The full report is available for downloading at Nevada TOW Study.

Just how powerful is TOW in Nevada?

• Nevada’s Net Worth in 2005 is an estimated $273.99 billion
• Nevada’s 50-year TOW estimate is $383.33 billion
• During the decade of 2005 to 2015, there will be an estimated $32.47 billion   TOW
• If just 5% of that decade’s TOW were captured for endowments through   community foundations, that would equal an estimated $1.6 billion
• Assuming a conservative 5% payout rate on the $1.6 billion in endowed
  funds, an estimated $81.17 million would be available annually for community
  betterment projects – statewide – forever.