The Give Now Movement
Philanthropy isn't what it used to be. According to Daniel Schley, chief executive of Foundation Source, a backroom-services specialist that helps family foundations become more efficient, traditional philanthropy was defined as waiting until you were really old and very rich. ''But the real power, drive and momentum in modern philanthropy is coming from people in their 40s and 50s who generated a great deal of wealth at an early age and have decided to leverage that wealth in philanthropy.''
These young activists are mostly coming up through the high-finance and tech industries. They are highly engaged in their causes, investing not just money but also time, energy and oversight. By conservative estimates, these activist philanthropists will be pouring between $1.9 trillion and $2.6 trillion into philanthropy over the 20 years that began a decade ago, roughly 35% of the total giving during this period. But the results-focused nature of this philanthropic capital will make it far more important than the charitable giving seen during the last century.
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What is Philanthropy Camp?
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Read about Daniel Shley's company, Foundation Source
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