In our recent publication, A Guide to Meaningfully Engaging Next-Generation Adults in Your Philanthropy, we explore ways for those who are currently managing a family’s philanthropy to thoughtfully welcome next-generation adults. While so many of the formal transition responsibilities lie with the philanthropy’s current leaders, the incoming adult leaders also have several opportunities position themselves for success and to actively contribute to a positive transition. In fact, the most mutually enjoyable and effective transitions occur when all generations fully commit to strong communications, considerate process, and authentic humility.

The guide outlines three phases for welcoming next generation adults. In each of these phases, there are ways in which the new leaders can enrich and strengthen the experience for all involved, ultimately making the family’s philanthropy more impactful. Below, we offer our top tips for incoming leaders at each phase.

In this phase, the managing generation is working to create clear and welcoming conditions for you to join the family’s philanthropy. This is a good time for you to connect with them on a deeper level and take some time for personal reflection to understand the endeavor you are being asked to join and to make the right decision about if and how to join for yourself and for your family’s philanthropy.

Lay the Groundwork

  1. Listen to stories
  2. Consider your own values

Complete Effective Onboarding

  1. Ask questions
  2. Share yourself in a new way

Continue to grow together

  1. Consider what you need to be successful
  2. Generously share your perspectives

Read the full article about engaging family philanthropy by Cara Binder-Kopchick at the National Center for Family Philanthropy.