WNPR: Millennials And Charitable Giving: A New Approach To Philanthropy

Millennials now outnumber baby boomers in the population, according to the U.S. Census Bureau. And though the millennial generation has been stereotypically seen as self-absorbed and buried in student loan debt, they are involved in charitable giving. But they’re doing it differently than their parents have done.

“People are often worried that millennials don’t actually have enough money yet to donate because they’re so young,” said Connecticut native Ari Kagan — a millennial himself. But he said that’s a misconception. “Millennials are between 25 and 40 right now, right in the middle of financial maturity — not our typical image where we think of it as a whining 13-year-old who wants to buy avocado toast.”

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