Endow Minnesota: The Opportunity of a Generation Presentation Date Presenter’sLogo

The Opportunity of a Generation 10 $47.9 billion transfer of wealth in Minnesota Minnesota Generational Transfer of Wealth Study,

From Generation to Generation 9 The Inga Johnson Story... and a $750,000 investment in Fergus Falls’ Future

Keeping Wealth in Minnesota Communities 11 Shifting Demographics

An Opportunity for Minnesota Communities 15 Build Communities Create Jobs Permanent Assets for Minnesota Communities

Endow Minnesota: A Tax Credit for Minnesota’s Future 12  25% tax credit  Gifts to permanent endowments  Build local assets / community foundations  A tax credit with purpose Minnesota Legislature HF1860 and SF1652

Building Endowments for Changing Communities 13 Community Assets $120 Million a Year in New Grants

An Idea that Works 200% increase in giving to community foundations 14

Ready to Turn Opportunity into Reality 16 Rep. Simonson – Duluth Sen. Reinert – Duluth Rep. Radinovich – Crosby Rep. Hornstein – Mpls Rep. Slocum – Richfield Rep. Rosenthal – Edina Rep. Erhardt – Edina Sen. Metzen – S. St. Paul Rep. Davids - Preston Rep Anzelc- Balsam Township Rep. Metsa – Virginia Sen. Saxhaug – Grand Rapids Rep. McNamar – Elbow Lake Sen. Koenen – Clara City Rep. Gruenhagen - Glencoe Sen. Weber – Luverne Rep. Gunther - Fairmont

What You Can Do 17 Raise awareness about Minnesota’s transfer of wealth opportunity Meet with your state legislators Endorse Endow Minnesota Stay informed & guide Connect with MCF and the Endow MN Task Force

What Will We Do 18 Visit for more information and resources. Contact us for help: Bob Tracy, MCF, Director Government Relations & Public Policy Endow Minnesota Task Force Co-chairs Holly Sampson, Duluth Superior Area Community Foundation Mary Ellis Peters, The Minneapolis Foundation Kim Embretson, West Central Initiative