BGiving’s Post

Millennials are the generation that saves the most! In 2023, Millennials in the U.S. saved an average of $9,299.45 with Gen Z falling to second place at an average of $6,440.67. For those unsure of how to start saving, 3rd Decade helps by pairing you with a financial mentor who evaluates your finances and creates a personalized financial plan to help you meet your goals. Happy World Savings Day! #3rddecade #nonprofit #financiallit

How millennials want to engage with development teams is different than previous generations. Is your organization ready? Tune in next Wednesday, October 30th at 1 PM EST to hear Insightful's Executive Vice President, Sarah Landman provide insights from candid interviews with high-net-worth millennials. The session will cover generational shifts in communication, engagement, and expectations along with real-world stories of successful and failed philanthropic relationships. Register here: https://ow.ly/Rs6Z50TQUU5

As time moves steadily on, the generational demographics of the world are gradually shifting. Elders and Boomers are aging, and new generations are coming into their own. What does all of this mean for the future of generosity? Read this week's blog to learn how each generation engages in generosity differently and how to use that information to build intergenerational relationships: https://hubs.ly/Q02M9T360 #blogs #philanthropy #nonprofit

Upper Iowa University’s 8th Annual Giving Day is only ONE WEEK AWAY and we are stoked about this year’s challenge - “Battle of the Generations!” If you haven’t already done so, be sure to mark your calendar for Wednesday & Thursday, April 24 & 25. Team up with fellow Upper Iowa supporters from YOUR generation and make a huge difference with your gift! It's a simple, two-step process. 1) Select Your Generation (Silent Generation, Baby Boomers, Generation X, Millennials, or Gen Z) 2) Choose Your Fund! To learn more or make an early gift now, visit UIU.EDU/GIVINGDAY!

🤔 How can nonprofits engage Gen Z and Millennials during a cost of living crisis? That was at the heart of Patrick Steen and Blessing Lobho’s talk at The Conduit as part of Care2’s Breakfast Briefing. With insights drawn from our latest #PurposePulse report, discussion turned towards the crucial similarities between these generations. Here are 3 takeaways from their breakfast briefing if you missed it: 1️⃣ The cost of living is far and above the greatest generational concern. Nonprofits should test financial framing of their campaign messages. 2️⃣ Gen Z and Millennials are worried about the future, but they have hope. Nonprofits should look to hope-based communications to nurture ongoing engagement and activism. 3️⃣ These generations are most likely to trust coalitions. Nonprofits should highlight their partnerships and emphasise collective action. Thank you to Rhiannan Sullivan for the invite, and to our fellow speakers Jess Hodge and Tom Lavelle. If you’re curious to learn more about what’s motivating these generations, download the full Purpose Pulse 2024 report here 👉 https://lnkd.in/dcdsH3J #PurposePulse #GenZ #Millennials #SocialImpact #SocialPurpose #TheConduit

Millennials are reimagining generosity, and it's inspiring: Discover how this generation is bringing fresh energy to philanthropy and challenging churches to connect more deeply with their mission. Curious about the future of giving? This article offers an insightful look into how millennials are shaping a new era of meaningful generosity.

Whether you like it or not, millennials are the new core of your church One of the most significant shifts of the last few years is that Millennials have embraced church attendance faster than any other demographic, surpassing their attendance levels back in 2019. Millennial attendance is surging, especially among non-white Millennials.  According to the same Barna survey, 30% of white Millennials report attending church regularly post-COVID, up from 26% pre-pandemic. But non-white Millennials have returned with even greater zeal. Fully 40% of non-White Millennials say they are attending church post-COVID, up from 31% pre-pandemic. Some of this is natural as Boomers get older and factors like mobility and health become more significant, but the writing has been on the wall with Boomers for years. We just behaved like it wasn’t. The two areas most impacted by this trend (other than attendance) are serving and giving. Boomers have historically carried congregations both in terms of finances and volunteering. While you don’t want to give up on Boomers completely — and you’ll want to honor them for their contribution — it’s critical to understand that the oldest Millennial turns 43 in 2024. It’s high time to treat them (as well as Gen X and older Gen Z) as the new core of the church. Let's face it: For reasons outlined above, churches that focus on helping people become whole-hearted followers of Jesus will have to worry less about how the next generation gives and serves than churches that make giving and serving the goal. But two more conversations need to happen. The first circles around the generational wealth transfer that’s about to take place. As Boomers age and many start passing away, their Gen X and Millennial children will receive the most significant wealth transfer in human history. Stewardship should become a part of that conversation with Boomers. Otherwise, the church will likely be ignored both by the giver and the recipient. Second, church leaders should create a strategy around engaging Millennials as critical donors for the future of the mission and vision. That means developing a strategy to help them see that Jesus is a priority, as they’re used to giving to various social causes that have captured their attention. #churchmarketing #churchconsulting #churchmetrics #sozogroup #marketing #nonprofitmarketing #churchgrowth #churchgrowthtools

While all generations prefer to give online using a credit/debit card, there is some variance in what delivery method most inspires each generation to give. Millenials and Gen X are most inspired to give by social media, while Baby Boomers still prefer email. Are you keeping track of trends in giving to inspire your target market? #philanthropy #onlinegiving

When it comes to generational giving, we often focus on Baby Boomers, Millennials, and Gen Z. But what about Gen X? Projected to inherit $30 trillion in the Great Wealth Transfer by 2040, could Gen X be the hidden key to the future of philanthropy? In the latest episode of the Go Beyond Fundraising, we sit down with Alyssa Boger, EVP of Client Strategy at Allegiance Group + Pursuant, to explore this question and more! Don't miss this insightful conversation! Listen to the full episode: https://lnkd.in/ehTyu5ej #GenXPhilanthropy #WealthTransfer #GoBeyondFundraising

Millennials and the wealthy are sometimes overlapping groups subject to plenty of stereotyping. A new survey by Worth, in collaboration with Boston Consulting Group (BCG), shows that some of those preconceived notions have weight. People aged 28-43 care more about sustaining the planet and their image. Rich folks buy more and like luxury products. But dig deeper, and the picture, by age or income bracket, isn’t so simple or predictable. Some wealthy millennials are excited to buy fancy new cars, but a sizable portion prefer to rent or grab a rideshare. On the giving side, they are more skeptical of and reluctant to send money to charity. However, they are more inclined to give their time to the right organizations with which they have developed closer relationships. Learn more: https://hubs.la/Q02C324X0 #millennials #worth #research #millennialresearch