CONNECTOR SUMMER 2023
INSIDE THIS EDITION 2 The Great Transfer of Wealth
On The Table® Event
3 Recap
CCF Raises Over
4 $3M In One Day New Homes for
6 Senior Hurricane Victims
8 River Park Road to Recovery
LifeVac Saves Local
10 Choking Victim
CCF Scholarship
11 Recipient
CONNECT FURTHER
@CollierCFFL
COLLIER COMMUNITY FOUNDATION 1110 Pine Ridge Rd., #200 Naples, FL 34108
239.649.5000 Colliercf.org
The Great Transfer of Wealth Become part of the transformative power of endowing Collier County’s future and sustaining its dedicated charities. Baby boomers make up the wealthiest generation in American history, and they are passing down that wealth to their children and grandchildren during the next 25 years. How much? A staggering $68 trillion in homes, businesses, and investments. This remarkable intergenerational phenomenon is playing out in communities across the nation. In Collier County, $34.8 billion is expected to change hands over the next ten years. These sums may be mind-boggling, but the Collier Community Foundation (CCF) is starting a conversation with
the community to raise awareness about the transfer of wealth and the importance of including a philanthropic element in estate plans. CCF President/ CEO Eileen Connolly-Keesler and her team are urging seasonal and full-time residents to allocate 3 percent of their estate to the foundation to establish a $1 billion endowment to help sustain the community’s social safety net in perpetuity. “One billion sounds scary, but 3 percent doesn’t,” said Rob Bulloch, a partner and fourth-generation estate planner at Bulloch Taylor PLLC in Naples. Continued on Page 2 >