Giving Compass' Take:
- Here are three foundation steps for next-generation philanthropists to help carve out their place in the philanthropic landscape.
- What new ideas are next-generation givers bringing to philanthropy?
- Learn how next-generation philanthropists are making changes.
What is Giving Compass?
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Known for their extraordinary generosity and desire to make the world a better place, younger generations are bringing new energy and ideas to philanthropy and, in many ways, redefining what it means to give. Next-generation philanthropists—made up of millennials and Gen Z—are starting younger, bringing entrepreneurial ideas, and are willing to look beyond traditional approaches in order to see results.
If you fall into the category of a next-gen philanthropist, you have the potential to steer your family toward new horizons. However, establishing yourself as a next-gen philanthropist might mean overcoming several challenges, including finding your individual voice in a family tradition that might have been passed across generations. While there’s no clear-cut approach to carving out your role, the following foundational steps are critical in embarking on a journey of effective and fulfilling giving. They include:
- Considering Your Relationship with Wealth
- Exploring Your Personal and Family Values
- Practicing Experiential Learning
Read the full article about next-gen philanthropists from Worth.