Generation Impact: How Next Gen Donors are Revolutionizing Giving.
Inheritors within philanthropic families are already at the forefront of a historic generational wealth transfer—estimated at $59 trillion dollars in the U.S alone, much of it designated for charitable purposes. At the same time, young techies, hedge-funders, and other next gen entrepreneurs are amassing their own astonishing fortunes and are beginning to turn their entrepreneurial fervor to philanthropy. Together they have a passion to wield their financial might differently than previous generations, leading researchers and authors Sharna Goldseker and Michael Moody to predict a seismic shift in how giving is done that will alter the fate of the causes and organizations we care about. Next gen big donors are ushering in an “impact revolution,” say Goldseker and Moody. They are willing to change whatever needs changing to achieve real, observable results from their giving and finally “move the needle” on some of our biggest social problems and aspirations. Learn how next gen donors are different from their parents and grandparents and how to successfully engage this generation in your nonprofits, family philanthropy and other organizations and family enterprises.
Aligning Values Across Generations.
The more your decisions are aligned with your values, the more strategic and fulfilling they will be. Discover how to have meaningful and open dialog about your values and what drives the decision-making process within multigenerational groups—whether you are sitting around the kitchen table, conference or board room table. This starts with understanding the characteristics and context that shaped each generation, which builds empathy for those seeing the world through a different generational lens. Experience alignment conversations and tools that help decision-makers across generations to allocate resources, create a philanthropic mission statement making or establish financial plans that are grounded in shared values.
Empowering Family Philanthropy.
With average life spans increasing, there are now five generations above the age of 21 in most societies today. Families are no longer passing the baton from one generation to the next but, rather, they are learning to run the race together. Discover how multigenerational family philanthropy and other endeavors can be enriched as elders communicate their legacies to the next generation who, in turn, begin to clarify their own voices and become peers at the philanthropic table.
Talking about Money.
Many individuals assume they know their own beliefs about money, but don’t take the time to articulate or share them. As a result, talking about money can produce anxiety or tension. With our expertise and guidance, you can explore within a safe environment your attitudes and behaviors around the hot-button issue of “money” and better understand the perspectives of your peers and family members. We share strategies on how you as an individual and how your family can comfortably communicate a legacy of family wealth across generations and move toward making conscious choices that you aspire to live by and pass on to others.
Growing Goodness.
Due to demand from client families and institutions, we created Growing Goodness: an interactive discovery around raising or supporting a next generation capable of navigating their financial and philanthropic resources, while leading successful and satisfying lives. It is difficult enough to nurture young person today without the added burden of teaching financial stewardship. But we find the next generation craves guidance in this area and we can foster your skills and confidence to provide it. We have packed this presentation with best practices, tangible tips and tools from North America’s leading thinkers and researchers on child development, psychology, and family philanthropy. Family members, wealth and philanthropic advisors, and nonprofit professionals will learn how to “Grow Goodness” in the next generation with intentionality.
