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The Future of Philanthropy: Will Next Generation Donors Do Things Differently?

It is predicted that trillions of dollars of wealth will be transferred to the hands of a new generation of philanthropists in the next half-century. “It’s the biggest inter-generational transfer of wealth that we've ever seen. (And) so much of what happens in the future will depend on what the rising generation of major donors (now in their twenties and thirties) will become. Will they do things very differently from the previous generation?", asks Caroline Hartnell of Alliance, a magazine dedicated to philanthropy and social investment. A panel of experts examines inter-generational differences in philanthropy and argues that “next gen” donors are more impact focused than their predecessors.

 

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