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Generation Y; Millennials; next generation philanthropy; family foundations; spend-down foundations; donor intent; social networking; strategic philanthropy
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Next-Generation Philanthropy: Examining A Next-Generation Jewish Philanthropic Network, Stephanie Lerner
Next-Generation Philanthropy: Examining A Next-Generation Jewish Philanthropic Network, Stephanie Lerner
The Foundation Review
· As a result of mobility, philanthropy among a Millennial group of Jewish donors is becoming divorced from the communities in which their parents live.
· This group’s members generally perceive themselves as thinking and acting more strategically than past generations. They expect philanthropic organizations to operate with increased transparency, and those entities will need to adapt to these expectations in order to thrive.
· The characteristics that define the Millennial generation – open-mindedness, a desire for meaningful employment and philanthropic activity, technological adeptness, innovation – are changing philanthropy.
· Despite those changes, philanthropic priorities among families remain substantially constant …