“America’s next generation of major donors, whether young Gen Xers or rising Millennials, will have an outsized impact on society and the planet we share…if current trends in wealth and giving continue, these rising major donors will be the most significant philanthropists ever.” — Sharna Goldseker and Michael Moody “Generation Impact: How Next Gen Donors Are Revolutionizing Giving”
We are living in an extraordinary time. Some philanthropic experts call this the Golden Age of Giving, “a new era that will exceed in size and influence the Gilded Age of a century ago, when modern philanthropy was invented.” According to a recent study by the Boston College Center on Wealth and Philanthropy, over $59 trillion will be transferred across generations between 2007 and 2061. The study estimates more than $27 trillion of that amount will be designated for philanthropic purposes over the same time period.
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