By Gretchen Horn
Horn Research Services

The Future of Giving*

• Low estimate of the total amount expected to be given to charity between 1998-2017 as baby boomers inherit the wealth amassed by their parents: $1.7 trillion
• Estimated annual charitable giving projected in 2017 based on historic data trends before factoring in the intergenerational transfer of wealth (in 2003 dollars, actual numbers will be higher): $316 billion
• Estimated annual charitable giving projected in 2017 based on historic trends and low estimates for the intergenerational transfer of wealth (in 2003 dollars, actual numbers will be higher): $571 billion
• Estimated number of U.S. estates worth between $1 million and $10 million that will pass to the next generation and charity through 2017: 1,500,000
• Estimated number of U.S. estates worth $20 million or more that will pass to the next generation and charity in the same time frame: 50,000

*Statistics taken from www.futureofphilanthropy.org