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Community Development Philanthropy Update 
September 2014
In This Issue
TOW Book Chapter 7
Other Center News
Field News
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New Webinar!
 
Download Chapter 7 from our TOW book available NOW!
 
Download the latest chapter from Transfer of Wealth in Rural America, and find out about upcoming online training opportunities such as next week's webinar, "Wealth Exits Quietly: Economic Development Suffers," in which Ahmet will walk through the issues and opportunities afforded by the current transfer of wealth trends.
Chapter 7 - TOW in Rural America
"Understanding community development philanthropy, both in theory and in practice, is an important first step for communities interested in creating pools of development resources that can supplement increasingly constrained public sector funding. While philanthropy cannot replace the core functions of government, it can provide the necessary institutional structure and resources to enable the process of community development. But, it is not enough to focus on the process of community development philanthropy. Rural regions in particular also need to figure out how to create and retain more wealth that can fuel both give back and community building. To do that, community leaders need to have a better understanding of the wealth creation process - its foundational elements and the importance of cultivating a give back ethic. Those topics are the subject of this chapter. The wealth creation process, in turn, is driven by the entrepreneurial energy, creativity and skills that are resident in each region."

Read more from Chapter 7, "The Wealth Creation Process", of Transfer of Wealth in Rural America, by downloading it now! 
Other Center News

Wealth Exits Quietly: Economic Development Suffers Webinar

Tuesday, Sept. 23, 2014 from 1:00 PM to 2:30 PM (CDT)

In the next 15 years, the US and Canada will experience the largest transfer of wealth ever. Trillions of dollars of personal wealth will move from the saver generation to the consumer generation. Wealth will be leaving communities and counties where it was created - unless current wealth-holder decide differently. This Pro Learning Lab webinar sponsored by NREDA will help you to understand the issues and opportunities presented by this extreme wealth transfer. Featured speakers include  Ahmet Binerer, Senior Sr. Associate Community Development, Philanthropy and Transfer of Wealth with the Center for Rural Entrepreneurship and Stephanie Judson, President South Dakota Community Foundation. Register now! 


e2 Fall Webinar Series
 
This fall we will be offering a series of e2 Webinars focused on Working with Entrepreneurs. This series is for local, regional and state development practitioners and will explore the art and science of working directly with entrepreneurs. Use the link above to find a detailed description of the series along with dates and cost of the webinars. Register now to start reading the books that are included and receive and early bird registration discount!

Effective Community Engagement Practices for Community Foundations

The Center has a long history of working with community foundations throughout the United States on effective community engagement practices. Our work extends to community foundations seeking to create community and organizational affiliates (e.g., a community foundation within a host community foundation). We are pleased to report that we now have a collection of community engagement resources, which includes an overall guide and individual resource guides. For more information on how to access these resources, contact Don Macke at [email protected].

Field News
A State-by-State Look at Where Each Generation Lives. 
"Millennials, Gen Xers and Baby Boomers' different needs and wants lead them to flock to different places." Find out where the different generations are settling down with interactive maps at governing.com.

Telling Your Business Story
Register for this Sept. 23 webinar hosted by the Rural Entrepreneurship Initiative today. This webinar will help you Learn how to capitalize on your market opportunity by developing a compelling story, value proposition and niche.

 

Millennial generation is more generous with donor-advised funds. 

According to a recent publication by Vanguard Charitable, average grant amount made by Millennials is $2,000 more than Traditionalists and $1,200 more than Baby Boomers. Read the full study here
For more information about anything you've read in this newsletter, please contact 
Ahmet Binerer,  [email protected].

The Center for Rural Entrepreneurship's mission is to help community leaders build a prosperous future by supporting and empowering business, social and civic entrepreneurs. With our roots and hearts in rural America, we help communities of all sizes and interests by bringing empowering research together with effective community engagement to advance community-driven strategies for prosperity.


 

 Our Solution Area teams empower community leaders to find their own answers to the economic development challenges and opportunities they face.
www.energizingentrepreneurs.org