Lifestyles, Attitudes, and Technology Are Shaping Millennials’ Giving
By Sarah Ford on June 17, 2014
Source: The Chronicle of Philanthropy
By Megan O’Neil
Instant access to information and a migration away from institutional affiliations are shaping how members of the millennial generation engage with philanthropic causes, according to experts who spoke at the annual meeting of the Council on Foundations.
Unlike their parents and grandparents, individuals born in the 1980s and 1990s aren’t necessarily maintaining life-long relationships with churches and community organizations. And they are more likely to change employers many times over a lifetime.
"So the network of peers they take with them, that is going to be more influential," said panelist Katherina Rosqueta, founding executive director of the Center for High Impact Philanthropy at the University of Pennsylvania. "That means a more fragmented market. We don’t have the luxury necessarily of just targeting this institution and all of its affiliated community."
Other speakers on the June 9 panelincluded Wendy Harman, director of information management and situational awareness at the American Red Cross, and Derrick Feldmann, president of market research firm Achieve.
Achieve, in partnership with the Case Foundation, is scheduled to release this week a comprehensive report on employment trends among millennials, including their involvement in employers’ social responsibility and cause-related work.
Millennials mirror previous generations in their desire to work together and create change, Ms. Rosqueta says, but the difference is the new tools and technology they have to assess an organization’s work.