What It Means To Be A Philanthropist -- Gen Xers and Millennials Weigh In
The following guest post is by Michael Moody, the Frey Foundation Chair for FamilyPhilanthropy in the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University and Sharna Goldseker, the ManagingDirector of 21/64, a nonprofit consulting practice specializing in next generation and multigenerational strategic philanthropy.
$100 million to Newark schools. $200 million to a family foundation. Massive recent donations by young entrepreneurs, such as those by Mark Zuckerberg and Sergey Brin, are just the well-publicized tip of a much larger iceberg of major philanthropic giving by rising next gen donors.
Michael Moody
Entrepreneurs like Brin and Zuckerberg will be joined by Gen Xers and Millennials starting to inherit $40 trillion, much of which will be designated for charitable giving.
These “next gen” major donors have the potential to be the most significant philanthropists in history. Yet we know very little about them.
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