Engaging young adults and the next generation

Why Give: Information for Next Gen Donors

Posted on October 31, 2014 by Giving Circles Fund

If every person in their 20s and 30s gave 1% of his or her income to philanthropy each year, it would translate into $16 billion in annual support for non-profit organizations. To put this in perspective, $16 billion is more money than 11 states spend each year, and equal to NASA’s 2012 budget… Read More

Igniting the Spark next gen case study: Foundation for Metrowest

Posted on October 31, 2014

Youth Program Name: Youth in Philanthropy Website:  www.foundationformetrowest.org Located in: Natick, Massachusetts Who is Involved: Youth from the MetroWest Boston communities Led and managed by staff from the Foundation for MetroWest Youth Programming History and Scope: The Foundation for MetroWest has been committed to educating the next generation of community leaders through the Youth in Philanthropy (YIP) program since 1997… Read More

Raising Children with Philanthropic Values

Posted on April 4, 2014 by Ellen Remmer

Develop an understanding of your own values, starting with your “money values.” We all have beliefs about money. Affluent parents may have more difficulty clarifying these values since there are so many choices they can make available to their children. Wealth counselors offer a variety of tools to help people articulate their money values and assess whether their behavior is consistent with these values. Keeping a money diary, identifying “money heroes,” or creating a priority ranking of “belief statements” about money can provide valuable insights. Your understanding of how philanthropy fits into your money values will determine the way you shape your children’s philanthropic values… Read More

Positive Tracks: A Story of Generation Next Philanthropy

Posted on February 15, 2014 by Gioia C. Perugini, Nini Meyer

[Photo: Youth gather at the beginning of a Postive Tracks fundraising race.] Much has been written about the “next generation” and its integration into family philanthropy. How will they get involved? Will their philanthropic initiatives look different from those of their parents and grandparents? What tools and resources can help them be most effective? Nini Meyer was raised in a… Read More

How should we choose trustees when there is a vacancy?

Posted on December 11, 2013 by Michael Rion

Apart from some minimal requirements of state law (e.g., mental competency), there are no legal mandates about the process of choosing trustees. In some cases, especially in small foundations with very few family members, succession may be directed in the by-laws and/or by custom so that, for example, direct descendants are “in line” as the successor trustees.  When trustees have… Read More