Over the next 10 years, more than $422 million will transfer from one generation to the next in McCook and Red Willow County as part of the “transfer of wealth.” That numbers jumps to $3.9 billion (yes, with a B) over the next 50 years. 

Those numbers are staggering. But more importantly, those amounts are transformational. 

Just think about what happens if all that money leaves the community when someone dies and leaves those assets to heirs who don’t live in their hometown.

But more importantly, just think about what happens if just a small amount of that money stays in the community when someone dies and leaves a donation to their hometown. Each and every one of us needs to make the decision at some point of to give or not to give, as well as where 

As a a retired dentist who moved to McCook with my family in June 1969 to become the junior associate of the famous Blank brothers - Lavern and Don, I went on to practice dentistry for 45 years and developed a deep love of McCook.

Three days after I retired, I was asked to join the McCook Community Foundation Fund’s Advisory Committee. Over the past 8 years, I have slowly learned how this foundation-concept works and how I can be an asset to the foundation and the community.

We also benefit from being part of the Nebraska Community Foundation (NCF) network with more than 1,500 community volunteers from hundred of communities across Nebraska, providing resources and connections. 

It was during an NCF trainings that I found my “why” I do this fulfilling work.

This work is important to me now is that I love McCook and I love making a difference. The values that MCFF represents are important to me. They are honesty, integrity and inclusivity. Our networking with NCF has accomplished so much and we are incredibly proud and grateful. 

But there is more to do.

Over the years, MCFF has invested more than $3.4 million back into McCook and Southwest Nebraska, through grants, scholarships and investments. But the biggest impact will soon come from the “transfer of wealth,” which has already began.

The intergenerational transfer of wealth is massive and continues to move rapidly. Nebraska became the “Good Life” because people recognized and seized new opportunities. Now is the time to act on an opportunity that can shape Nebraska and McCook’s future.

Over the next 50 years, Nebraskans will transfer billions of dollars to the next generation. This transfer of wealth offers an unprecedented opportunity if we count our communities among our heirs. 

Imagine what an investment of just five percent of this transfer of wealth could do for long-term economic development and qualify of life in McCook. The opportunity is massive. The time is now.

We must act now to encourage charitable investment in the future of our community while the window is open. We must teach, encourage and inspire each other to give back today. And we must include our community in our estate planning for tomorrow. 

Regardless of your age, I recommend everyone to consider the following:

  1. Talk to your professional advisor about including your community in your estate plan.
  2. Give to the endowment of your community fund or favorite charity. 
  3. Create a donor-advised fund to support charitable giving.
  4. Learning how you can create your own personal legacy.

And I can make this request because I not only talk-the-talk, but walk-the walk because of the planned gift my wife, Sandy, and I have made to create a legacy that will live on in perpetuity.

Everyone has the choice about whether to give or not give, but let me finish by sharing how making the planned gift made me feel: Sandy and I both love McCook and this gift was probably one of the most rewarding and grateful feelings that we could have ever imagined.

***

Bill Graves is a member of the McCook Community Foundation Fund’s Advisory Committee and has been involved in most of the major projects that have shaped McCook from the creation of Heritage Hills Golf Course to building the new YMCA near the high school.


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Building Connections in McCook Matters June in McCook will be abuzz with fun events including a Youth Summit, hosted by McCook Community Foundation Fund. Our young people in Youth Change Reaction will host the first Nebraska Community Foundation gathering for youth, which will bring youth from across Nebraska to McCook. While still in the planning stages, our students identified that McCook is great because of connections . Our young people easily recognize how critical this factor is to people attraction, to people retention, and to improve their futures. What I miss most about my high school classroom is connections with students and colleagues. In education, I taught first, second, and sometimes third generations in families. My husband, Greg, and I are not McCook natives, but I eventually knew who was related to whom and usually where the parent(s) were employed. Going to the grocery store meant greetings from students and sometimes their family members. I officially retired from my high school classroom nine years ago in May. When you retire, the most-asked question becomes “What do you do with your time?” I try to maintain those connections and make new ones by belonging. For the past seven years, Sharon Bohling and I have volunteered to help plan and organize Bison Days for our high school students, which took place February 10 and 11. It would not happen without the financial support of McCook Community Foundation Fund, plus the McCook High School, local businesses, and the talented people of Southwest Nebraska who say “yes” when one of us reaches out to ask for the donation of time and talent. I would venture that they allow us to be on the Bison Days’ committee because we both have connections within our community—it’s certainly not our computer savvy. Connections can also solve a problem. Recently, I signed up to help a local family in crisis. My morning plan revolved around delivering my donation at a designated drop-off place. That didn’t work out. Fortunately, I still work with youth in various capacities, so I know that Keri Wilkinson works for Camy Bradley. Keri was an organizer for the family fundraiser, so I walked in Camy’s office hoping to find Keri. She was not there, so Camy and I visited briefly. She knew someone (who I did not know) who could possibly give me further direction. Only in a town with connections are you able to interrupt someone’s business, have her reach out for you using her connections , and offer to keep the donations for me until Keri’s return. Another great example of connecting can be found over coffee. Dee Friehe and I are longtime teacher friends. During a chance meeting at the grocery store a few weeks ago, she shared how she was there following a funeral service and was gathering supplies to deliver supper to the grieving family that night. She also updated me on her group of adults who meet for coffee on Thursdays at Ember’s, which varies from 8-28 depending on the day. She recognized the need for adults moving to McCook or folks just wanting to get out to make connections . Dee’s husband, Mark, also hosts his own group of men who are new(er) to McCook. She regaled me with stories of their Christmas party and other special gatherings. Wanting to call McCook your home is solidified by building connections . Ronda Graff has written about McCook Connects which matches a McCook person with someone new to the community of similar interests. I earned my McCook Connects’ T-shirt welcoming a young family with children. We have since spent many hot summer days sitting on bleachers together cheering on our 4-H horse kids while they show their horses. Warning: I connected them with a “free” new-to-them horse. Be careful connecting with me or you’ll probably own a horse. You do not have to be retired to connect in this community. Volunteering is a surefire way to meet people. McCook has many civic groups looking for new faces. Attend a church here; we have many welcoming congregations. Go to ball games or school concerts, attend concerts in the park, learn a new skill through the college, show up at a Third Thursday event or invite the neighbors for a BBQ. Take your youngsters to story hour or Move and Groove at the library. Go watch an event at the Kiplinger Arena. You can even take it a step further: Make a friend or call a friend and invite him/her to go with you. It is human connection that keeps us healthy and happy. If McCook Community Foundation Fund can help you connect in some meaningful way, please reach out for advice or support. *** While Pam Wolford may be retired, she is just as busy serving on the McCook Community Foundation Fund committee and started a new Learn and Return Scholarship with MCFF, while stepping up to grandparent whenever the call comes in.
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