Business news blog - Times Union Albany NY - The Buzz: Business news » Report: Baby boomer money could benefit nonprofits - timesunion.com - Albany NY: "The Community Foundation for the Capital Region today released a study estimating that, during the next 50 years, nearly $100 billion of baby boomer money will be inherited by subsequent generations in the 10-county Capital Region.
The study, “Wealth Transfer in Northeastern New York: The Future of Giving in the Greater Capital Region,” describes the baby boomer inheritance pool as a opportunity for the region’s nonprofits."
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