A new year means new giving and more opportunity for your community! This month, we show you how we help communities realize their TOW opportunity as well as the interpret the updated Federal Reserve Flow of Funds Report.
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Success in Indiana - the TOW Opportunity
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The Center recently released its fourth issue paper for the Indiana Grantmakers Alliance. These issue papers are intended to provide community foundation and leaders a guide as to how to understand and use their TOW (Transfer of Wealth) opportunity. For a look at this issue paper, click here. If you are interested in having the Center conduct a TOW study in your area, contact Ahmet.
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Field News
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Net Worth Continues Rise to Pre-Recession Level
The Federal Reserve has released its Flow of Funds Report for  Quarter 3 of 2012. Net Worth was recorded at its highest level since the second quarter of 2008. Mutual Fund Shares, Corporate Equities and Pension Fund Reserves also saw an increase in the third quarter. To see a few highlights from the Report, click here. Or view the whole report, here.
Economic Impact of 2010 Foundation Grantmaking
A new report assessing the local economic impact of eight different foundation grants around the nation is now available. To access this report, click here. According to this study, immediate effects of the foundation grants is more than 970,000 in jobs and more than $63 billion in GDP (gross domestic product). Furthermore, the long-term effects are close to 9 million in jobs and more than $570 billion in GDP.Philanthropy and the Social Economy: Blueprint 2013
An annual industry forecast report named "Philanthropy and Social Economy: Blueprint 2013," covers the "application of private resources for public goods." The author goes through her predictions for 2013 and reviews earlier forecasts. This report is part of a series of annual industry forecasts about the social economy.
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