Getting Millennials to Give: Two Fundraising Practices and Potential for Growth
I was recently asked by a reporter from the Chronicle of Philanthropy if I knew of any charities that have been successful in getting millenial donations. I immediately thought of mobile giving campaigns, but I realized that many of those are sparked by urgency (i.e. Haiti, Chile) and are not necessarily used for long term giving.
Although I couldn’t think of charities who have reported engaging a large number of young people in their fundraising efforts, I am aware of two strategies where young people do have a hand in giving and getting money, one that is charity directed, another that is millenial directed each with unique benefits and challenges
1. Young Professionals Groups: I have written about these types of groups before as a form of professional development for young nonprofit employees. However at some organizations these groups act as fundraising power houses, planning events and donating money on their own. The Brooklyn Public Library’s Brooklyn Vanguard group, which requires $150 to join, has fundraising events throughout the year, with one event in 2008 raising $16,000. The Echoing Green Social Investment Council for example, raises enough to support about two or three fellows (about $90,000) a year and requires members to donate at least $1,000 a year and help plan and coordinate fundraising events.
- When it comes to professional groups, you already have young people who, at the very least, are interested in your cause and organization. However, does engagement move beyond being in that group? Are opportunities for additional leadership available–such as board membership? How well integrated are these groups into the organization in general? How long does participation last?
2. Giving Circles: In its simplest form we see these all the time on college campuses–students getting together to raise money for a cause and organization they believe in. Sometimes the amounts raised can be anywhere from a few hundred to several million over time, growing from a small campus club event to an all school encompassing fundraising drive. Additionally, more sophisticated groups are emerging all of the time like the Asia NextGen Giving Circle in NYC which in 2008 gave $30,000 to the YWCA of Queens in support of their Women to Work program for English Language Learners.
- When it comes to giving circles, the amount of initiative required to start and run a circle indicates a commitment to philanthropy and collective giving (and how, perhaps, it is the collective aspect that makes it more interesting). How do they select an organization? How do they determine how much to raise and what are their methods? Why do they start giving circles in the first place?
I think once we start exploring the motivations of young people involved in giving in these two forms in terms of why they join, how much they give, who they give to, we can better understand how to reach them. I also cant help but notice the lack of technology in these forms of getting and giving donations. They arent blowing up facebook or twitter with their work and requests for money, and in fact seem to employ more traditional forms of solicitation, in particular word of mouth.
Do you know of any unique approaches to getting millenial donations or cultivating young people as potential donors? Any successful or not so successful stories? What do you think of these two approaches?
**Photo credit: California Tenth Amendment Center




I think it’s sooo important to think of this stuff, as I suspect many nonprofit are going to flounder when they realize they haven’t been cultivating Millennial donors.
While I definitely agree that technology is key for many of us young’uns (http://trinaisakson.com/2009/10/balancing-paper-and-prospects/), I was surprised to hear a friend say that she donates about $50 a month to whoever asks. She responds to direct mail. I shudder at direct mail.
One key thing I would suggest to cultivate Millennial donors is to engage their minds and time first. Engage them on committees or through volunteer work. With my favourite nonprofits, they don’t have to ask…I just give.
[Reply]
ajlovesya Reply:
March 28th, 2010 at 10:25 pm
I totally agree with you regarding engaging minds first and cultivating that over time. That’s how I feel about my favorite organization–The Brooklyn Public Library. They dont have to ask, I just give when I can because they have provided me and my community with amazing resources and opportunities.
[Reply]
Social comments and analytics for this post…
This post was mentioned on Twitter by ajlovesya: Getting Millenials to Give: Two Fundraising Practices and Potential for Growth http://bit.ly/apiSto…
Your article was most tweeted by Social Entrepreneurship experts in the Twitterverse…
Come see other top popular articles surfaced by Social Entrepreneurship experts!…
In my experience fundraising with Millenials while an undergraduate and post graduation (2006), I’ve found that events like dances, auctions, and happy hours can work really well. One friend of mine did multiple fundraisers where he had parties in NYC bars, the cover went to the cause, and the drinks were discounted with the cover. It works for the bar because they get more traffic, it works for the patrons/donors because they get cheap drinks, and it works for the fundraiser because you bring in all the cash from the covers!
[Reply]
ajlovesya Reply:
March 28th, 2010 at 10:22 pm
Absolutely–the more interactive, the better. When it comes to fundraising, though the issue is how can we move events like to this to create more long term interest in the cause and the organization? Twestival, for example, is an international event (organized locally in bars, bowling alleys, clubs, wherever people will have fun!) where all funds raised go towards an organization. But what happens next? And is the focus the cause or the fun?
[Reply]
Indianapolis has a great giving circle for young professionals – Giving Sum (http://www.givingsum.org/). I recently joined and am proud to be a member. I think it is a great example of how 20 and 30 somethings want to engage in philanthropy! Great post, Allison. I always enjoy your blog!
[Reply]
ajlovesya Reply:
March 28th, 2010 at 10:19 pm
Thanks for sharing that link, Jessica! Giving circles appear to be growing and indicate a desire to collaborate when it comes to philanthropy (not that this is a new approach!)
[Reply]
Jessica Journey Reply:
March 28th, 2010 at 10:39 pm
Thanks for the response! Yes, while giving circles aren’t really very new, Giving Sum gives a new twist – combining the grantmaking with serious volunteer efforts. I think Millenials like this type of multi-dimensional philanthropy.
[Reply]