Austin Giving Pledge

Transfer of Wealth

Nearly 1,000 people have learned first-hand about the recent study that reports over the next fifty years, the transfer of wealth from one generation to another in Austin will create a unique opportunity. In the coming decade alone, $26 billion will pass hands in Austin. This transfer of wealth is the largest under-developed financial resource in our community.

If just 5% of these assets were donated to local charities, that means $1.3 billion would be given to improve our community. If these funds were instead donated to an endowment, then $65.4 million in new grants would go to local causes every year.

Over the next fifty years, nearly $700 billion will pass from one generation to the next. If just 5% were invested in endowment, $1.7 billion will go to local charities every year.

Forever.

(That's like 226 more Austin Community Foundations!)

You can be part of a giving revolution

Imagine: if everyone committed to give 5% of their assets to a local charity or charities, we could take advantage of this unique opportunity. The Austin Giving Pledge recognizes people who have donated or plan to donate at least 5% of their assets to local charities.

Watch a quick video about the Transfer of Wealth opportunity and the Austin Giving Pledge.

Download a PDF 1-pager and learn how to join the Austin Giving Honor Roll.

If your community-minded group would like to host a presentation about the Transfer of Wealth and what it means for our community, please contact Robin Bradford at 512-220-1415 or email.

Take the Pledge

The Transfer of Wealth study provides a picture of the incredible opportunity for Austin nonprofit organizations. But taking advantage of it is up to individuals. Here are three things you can do to get started:

1. Think about what you love about Austin and decide which local charities or causes you are passionate about.

2. Review your estate plan (which may include your will, trust and/or beneficiaries of your life insurance or retirement account).

3. Commit to give at least 5% to the local causes that matter to you and join the Austin Giving Pledge. Just click here, print out the card and mail it to Austin Community Foundation. We'll add your name to the Austin Giving Honor Roll.

The Austin Giving Pledge recognizes people who have donated or plan to donate at least 5% of their assets to local charities. Adding your name inspires other to do the same.

Join your friends and neighbors and pledge now to donate at least 5% of your assets to one or more local charities.

Learn more from the Transfer of Wealth Press Release and Fact Sheet.

Watch a quick video about the Transfer of Wealth opportunity and the Austin Giving Pledge.

 

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Austin Community Foundation
4315 Guadalupe, Suite 300
Austin, TX 78751
512-472-GIVE
Fax 512-472-4486
info@austincf.org
 
 Federal Tax ID: 74-1934031
Legal Name: Austin Community Foundation

Got a question?
You can call any ACF staff member directly. Find out more!
 

How can you multiply generosity?

Since 1977, Austin Community Foundation has helped caring people give more than $225 million in grants to make Austin the best place to live for everyone. We help people find creative and effective ways to give to the special causes dear to their hearts—or respond to our growing community’s changing needs.

Watch a quick video. 

We are your Austin Community Foundation, where community resources meet community needs.

Together, we are generosity multiplied.