2022 : Community

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For The Generous Aging Boomers Donate More to Non-Profits

The Generous Aging Boomers Donate More to Non-Profits

Statistics from ACT and other organizations show at least a 25% increase in donations to non-profits within the Park, including those focused on social-services, education and the arts, as well as conservation. Boomers prove to be very generous as they inherit record-breaking wealth from their parents. Many conservation-oriented donors have recognized that they must also address the human needs within the Park.

Influenced Scenarios

Likelihood

Evidence

Resident Leaves Millions to Town

Robert Damoth, 76, passes, leaving $2.5 million to his community, the Cranberry Lake area.  It surprises everyone.

Read the news story here.

Contributions to Fund for Lake George Significantly Increase

The Fund for Lake George reports a 39 percent increase in individual and family donations from 2013 to 2014. In addition, the total number of gifts increased 30 percent and the number of donors increased 16 percent. 

Read the news story here

Martin Bissell Leaves Behind $2M Bissell Fund for Adirondack Foundation

A local store owner in Newcomb gifted the town of Newcomb $2M to be used for revitalization projects with the Adirondack Foundation and parcels of land for the town to utilize.

Read the news article here

For The Generous Aging Boomers Donate More to Non-Profits

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Most Park Towns have Community Development Organizations

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