This study on the transfer of wealth (TOW) in Pennsylvania provides an update to the first TOW analysis of Pennsylvania released in 2008. Since much has changed in Pennsylvania and the U.S. over these past several years, the Center for Rural Pennsylvania sponsored this updated TOW analysis to develop more current estimates for the intergenerational transfer of wealth that may occur in Pennsylvania.
As before, these trends offer significant opportunities for many communities to create and/or expand community foundations and endowments capable of supporting community improvement work. The Center trusts that this updated analysis will continue to spark conversations about the magnitude of the assets present in every county of the commonwealth, and the opportunities to invest a small portion of those assets toward community betterment projects.
A copy of the research findings, Wealth Transfer in Pennsylvania 2016, is available below, as are copies of the 67 county wealth profile scenarios and economic drivers scenarios.