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Community Development Philanthropy Update 
February 2014
In This Issue
E-ship & Wealth
TOW Chapter 3
Field News
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Download Ch. 3
Click here for the 3rd chapter of our TOW book. Thanks for reading!
In this update, you can download our newest brief on the relationship between entrepreneurship and wealth. You can also download Chapter 3, "Wealth Creation in America - The Next 50 Years," from our Transfer of Wealth in Rural America book.
Entrepreneurship & Wealth
What This Means for Your State.
At the Center, we believe that empowering research and analysis is one way we can help communities build a more prosperous future. We've written a brief designed to bring together data and identify patterns that are helpful to community leaders as they plan for the future. The brief focuses on the relationship between entrepreneurship and wealth and shows how this information can be extremely useful to community leaders during their community planning process. Read more here.
Chapter 3 - TOW in Rural America
"It is useful to begin a discussion of wealth creation in America over the next 50 years with a glimpse of the past. Average annual real change in household current net worth - wealth - for each decade of both the historic and contemporary periods was:
>1945-50        3.47%
>1950-60        4.48%
>1960-70        4.09%
>1970-80        3.08%
>1980-90        3.47%
>1990-00        5.77%
>2000-2010   -0.12%  "  
Read more from Chapter 3 of Transfer of Wealth in Rural America. 
Other Center News
Community Pride in Biddeford, Maine
Craig Schroeder leads the Center's Youth Engagement System - a comprehensive, customizable strategy that interconnects education, real-world experience and community support. He brought to my attention a recent blog by the Orton Family Foundation titled, 'Visioning Process Sparks Community Pride in One Town's Youth'. He makes two points about this article, (1) the focal point of a project-focused engagement that youth and adults develop and create together and (2) the importance of remaining engaged with students after graduation so when they are thinking about starting a family or new career opportunities they have connections in their hometown for exploring options.

If you think youth engagement and attraction are something you are interested in and want to learn more about, contact Craig Schroeder at [email protected]

Defining the Importance of Community Leaders.

Read our latest thought paper on leadership and the impact the different types of leaders make on community success.

 
Field News
Wealth in Florida. 
Mark Brewer, President & CEO, Community Foundation of Central Florida discusses key economic drivers at the Florida Chamber Foundation's 2013 Future of Florida Forum in Orlando, October 15, 2013. In his speech, Mark makes the connection between private, government and "third" sectors and emphasizes the importance of State's transfer of wealth opportunity as outlined in the Center's Transfer of Wealth
study. Hear Mark's full speech here.

BizKill 5 - by Odee Ingersoll.
This is a story of a successful entrepreneur who failed to plan his exit strategy. Transferring a business for retirement is so important not only for the owner's profit and future comfort, but also for the community's economy. Don't let all of the future potential of a community business die when the owner gives up the reigns. Read the article to find out the 5 critical steps to keep the end game in mind.
For more information about anything you've read in this newsletter, please contact 
Ahmet Binerer, at [email protected].