My heart is bursting with pride for this rising generation. Often referred to as the Z Generation … they should be renamed the Change Generation. And, the most powerful speakers are the children.
Brave and courageous children and young adults with strong moral fiber … isn’t that what every parent, aunt, uncle, grandparent hopes for? These children are standing up for what THEY believe in. […]
By 2061, a new generation of donors is expected to inherit an estimated $59 trillion dollars and to donate almost half of that to charity. Additionally, there are an increasing number of the next generation that has earned their own fortunes at a young age, and have begun stepping up their game in philanthropy.
Authors Sharna Goldseker and Michael Moody published Generation Impact: How Next Gen Donors are Revolutionizing Giving, which […]
In The Opposite of Spoiled, Ron Lieber referenced several studies that showed that as early as age 3, children had begun making assumptions about class as it relates to money. By Age 6, children had begun keeping score of possessions and judging accordingly. By Age 11 or so, many had begun to assume that ambition was linked to social class. And by Age 14 […]
A number of very good “trends in philanthropy” studies have been conducted over the last couple of years. Below are highlights from a compilation of several reports.*
Shortly after turning 21, she had her first meeting with her trustee. In addition to hearing about the terms of her trust, she also had her first glimpse into the allocation process that her parents and grandparents went through. It was an eyeopener to realize that these would be the types of decisions that she, too, would have to make. When financial decisions become […]
The first time you discovered that you would be receiving a significant amount of money … enough money to change your life … how did you feel? Did it make you pause? Did you suddenly feel different and isolated from your friends? What did you want to know? What did you want to learn? How did you learn to talk about this very private […]
We’ve all been in a position where someone has asked us for money … or been the one asking for money. Whether the “ask” be for a donation to charity, or a request for a loan, or an investment in a new business venture, we’ve all been asked for money.
And when you have money, it seems you get asked for it … a lot.
I’ve […]
My mother decided to try something very brave one Christmas. Instead of a bunch of toys, she gave each of us a gift she had made herself: a handmade collage about her life with us. Mine was composed of cutout photos of me at various ages … from a babe in my mother’s arm to a young teenager, including a poem about mothers and […]
Cameron Diaz, who has no children, was present at the birth of all her three nieces and admits she spoils them rotten. “Whatever they want, they get. I cannot resist … being an aunt is the most important role in my life.”
While overindulging and spoiling our nieces and nephews feels wonderful, what is the long-term impact, as they become young adults? Many PANKs and PUNKs are already making annual gift […]
