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11 Trends in Philanthropy for 2021 is the fifth edition of this annual report. You'll find among these essays that the critical questions we face in the aftermath of the chaos and trauma of 2020 are ones the sector has been wrestling with for years, but must now address more forcefully, including:the sprawling impacts of wealth inequality;significant declines in public trust in institutions and in each other;the bright and dark sides of technological proliferation; andthe systemic racism permeating so many aspects of our society and democracy.Each of these trends has real implications for our day-to-day work, how we carry out our missions, and how we broaden our frame on public good. Many of our colleagues and communities have been hard at work on these issues for years, even generations. Others have embraced shifts in focus and practice in response to a remarkable year. This work gives us hope, and we'll be keeping an eye out to see whether these shifts prove permanent or more temporary.
This is a very relevant study which highlights how this new, more democratic, and local form of giving is spreading. There are 426 giving circles (GC) outside the US and estimate that in 2018 they gave away a combined $45.74 million in grants and involved 42,200 members. Among many of the specific findings, we found global GCs to be more frequently connected to a GC network and more often to be independently run (vs hosted) than their US counterparts, to be overwhelmingly local in their focus, and overall much younger than their US counterparts with 92% founded in the last decade.
GrantCraft is pleased to partner with 21/64 and the Johnson Center for Philanthropy at Grand Valley State University in this analysis of their research on next generation donors.A relatively small group of Generation Xers and Millennials will inherit over $40 trillion in wealth, much of that designated for philanthropy. In first-of-its-kind research, the Johnson Center and 21/64 examined a key segment of the next generation of major donors in the United States. Through a national online survey and in-depth interviews, they explored themes including philanthropic orientation, priorities, strategies, decision-making, and activities.21/64 and the Johnson Center invited GrantCraft to do a parallel analysis of its interviews to draw out the "practical wisdom" of 30 next generation major donors. This GrantCraft companion guide captures what study participants found to be distinctive about themselves and their peers. It aims to increase understanding and stimulate discussion about Gen X and Millennial major donors -- the generations that have the potential to be the most significant philanthropists in history.HighlightsHunger for engagement: grantees, families, peers, other fundersNew ways of learning: ideas, approaches, and peopleImportance of now: deep interest in applying their skills sooner rather than laterWhat's in the Guide?In their own words: GrantCraft joined 21/64 and the Johnson Center for Philanthropy in listening to and reflecting upon the voices of a selected group of major donors in their 20s and 30s.Hunger for engagement: In their interviews, study participants expressed a desire to be hands-on philanthropists -- with their grant recipients, their approach to issues, their families, their peers, and other funders.New ways of learning: Generation X and Millennial interviewees described generational differences in the ways they learn about new ideas, approaches, and people.Importance of now: This group of next generation donors highlighted their deep interest in helping and applying their skills sooner rather than later.How to use this guide: These starter questions can be used to promote dialogue for audiences including next generation donors; family, community, and private foundations; donor advised funds; philanthropy networks; advisors; and researchers.
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