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You’ve lived here.
You’ve worked here.
Your community has been good to you.
You can give back with a gift to the region’s future.
As of 2010, total net worth in the Dutchess, Putnam and Ulster county area was $74 billion.
Of that total amount, $22 billion is expected to transfer from one generation to the next through probate estates over the next 10 years.
| Total Personal Net Worth | Intergenerational Transfer |
|---|
| Dutchess County | $37 billion | $11.5 billion | | Putnam County | $21.3 billion | $4.36 billion | | Ulster County | $15.9 billion | $6.14 billion | | Hudson Valley | $74.2 billion | $22 billion |
A number of those assets will transfer to heirs who live outside of the Hudson Valley.
If 5% of that projected transfer was designated for local charity, nearly $1.1 billion would be retained for the benefit of Dutchess, Putnam and Ulster counties. If that $1.1 billion was housed in a charitable endowment an estimated $55 million would be available for nonprofits each year. What You Can Do
You are invited to be part of the Hudson Valley’s future by contributing to a fund to support your county, the Hudson Valley or your favorite nonprofits. In the next several years, Dutchess, Putnam and Ulster counties stand to lose much of its capital as it transfers to heirs who live outside our community. You can help preserve our local assets by setting aside a portion for your county - the home of your heritage, your livelihood, your roots. If you love the community you call home, consider this opportunity to enrich its future by joining other community-minded families and exploring how you can do your part. Contact Us Today! | 
