While some people who have inherited great wealth are creating their own foundations, others are joining networks of young donors interested in social change, and some are choosing to give through donor circles.
How does this next generation of philanthropists view its wealth and its giving? What are the best ways fund raisers can reach those donors and hold onto them? What causes are important to them?
Below is the transcript of the live online discussion about how to attract young wealthy donors. The discussion is sponsored by The Chronicle of Philanthropy and Bolder Giving, an organization that works with philanthropists.
Elspeth Gilmore is co-director of Resource Generation, a group that organizes young wealthy people to work on social change, where she has coordinated and developed curricula for the organization's national programs. She is working to distribute her inheritance to people and organizations working for social justice.
Derrick Feldmann is founder and chief executive of Achieve, a consulting company. Previously he led development programs at Learning to Give. He serves on the Association of Fundraising Professionals International Youth Philanthropy Task Force.