How to Reach Millennial Donors
The 2013 Millennial Impact Report offers data on millennials’ propensity to give: 83% of millennial respondents gave a financial gift to a non-profit in 2013 (up from 75% in 2012) 52% would be interested in monthly giving In light of this high propensity to give and the significant opportunity this presents to grow the donor pipeline, it is especially crucial for annual giving professional to take stock of what motivates their millennial alumni to give–and be intentional in strengthening this base of givers as these donors age into their early 30s. Millennials first support causes they are passionate about (rather than institutions), so it’s up to organizations to inspire them and show them that their support can make a tangible difference on the wider issue. The question for nonprofits becomes then: How can we fully invest in this generation, immerse them in the cause, and maximize the impact of their interest, time, and giving? 2013 Millennial Impact Report To gather practical suggestions, we turned to Jeff Mavros, director of the Wesleyan Fund at Illinois Wesleyan University, who has led a very intentional effort to research the motivations and affinity of IWU’s alumni and to craft deliberate strategies for acquiring and […]
