Millennial Donors: The NextGen Impact on Charitable Giving in the Arts

  1. achieve_consult
    RT Join @CStarek in Millennial Donors Twitter Chat (feat.ImpactRep) http://wp.me/p2kyhh-pO TODAY @5:40p EDT #MillennialDonorsAU
    Wed, Oct 24 2012 12:57:52
  2. cycloptiko
    I’ll be playing along in a #tweetchat on millennial donors at 2:40 PST. #MillennialDonorsAU
    Wed, Oct 24 2012 14:06:31
  3. CStarek
    #MillennialDonorsAU Twitter chat @ 5:40 PM EDT #nonprofit #fundraising (@ AU – Cyrus and Myrtle Katzen Arts Center) http://4sq.com/Tb3Fnu
    Wed, Oct 24 2012 14:18:34
  4. CStarek
    #MillennialDonorsAU is going to start soon! Go to http://www.tweetchat.com/room/MillennialDonorsAU & sign into TweetChat using hashtag #MillennialDonorsAU
    Wed, Oct 24 2012 14:39:24
  5. CStarek
    Here we go! #millennialdonorsau
    Wed, Oct 24 2012 14:43:53
  6. AllyYusuf_
    I’ll be checking out #MillennialDonorsAU while I’m at the airport – great chat led by @CStarek #philanthropy #fundraising
    Wed, Oct 24 2012 14:44:10
  7. CStarek
    Note the format: Q1 for questions and A1 to answer #millennialdonorsau
    Wed, Oct 24 2012 14:44:18
  8. aprildsteele
    Just arriving #millenialdonorsau #MillennialDonorsAU
    Wed, Oct 24 2012 14:45:01
  9. CStarek
    @EALSAU Raynel is off and running! Q1 coming up #millennialdonorsau
    Wed, Oct 24 2012 14:45:12
  10. CStarek
    Q1 How do you define millennials? #millennialdonorsau
    Wed, Oct 24 2012 14:45:47
  11. CStarek
    #MillennialDonorsAU is just starting! Go to http://www.tweetchat.com/room/millennialdonorsau
    Wed, Oct 24 2012 14:46:50
  12. violet_dc
    A1 18-29 years old #MillennialDonorsAU #MillennialDonorsAU
    Wed, Oct 24 2012 14:48:28
  13. CStarek
    A1: Using @PewResearch def – millennials are born bgn in early 1980’s, or 18-29 yrs old #millennialdonorsau
    Wed, Oct 24 2012 14:48:47
  14. Arts_Courtney
    A1: I define it as a mindset. I’ve seen literal Millennials act like Baby Boomers, particularly in the nonprofit field. #MillennialDonorsAU
    Wed, Oct 24 2012 14:49:47
  15. AllyYusuf_
    @CStarek my definition of millennials: ambitious, innovative, want to make the world a better place. #MillennialDonorsAU
    Wed, Oct 24 2012 14:49:47
  16. CStarek
    Q2: How are millennials making an impact in your org? #millennialdonorsau
    Wed, Oct 24 2012 14:49:27
  17. SarahWedgewood
    A2: Donating their time
    #MillennialDonorsAU
    Wed, Oct 24 2012 14:50:06
  18. AllyYusuf_
    @CStarek A2: at the symphony I used to volunteer at, millennials volunteered as YP ambassadors for the org #MillennialDonorsAU
    Wed, Oct 24 2012 14:51:10
  19. cycloptiko
    A2 75% of millennials made some sort of donation of $ in 2011 http://huff.to/Lt3a91 via @HuffPostImpact #MillennialDonorsAU
    Wed, Oct 24 2012 14:57:10
  20. EALSAU
    Q2 Why are Millennials Important?
    #MillennialDonorsAU
    Wed, Oct 24 2012 14:50:27
  21. aprildsteele
    A2 few obligations #MillennialDonorsAU
    Wed, Oct 24 2012 14:51:34
  22. ArtsmanSteven
    A2 They are the ones who will be inheriting the wealth in a few years #MillennialDonorsAU
    Wed, Oct 24 2012 14:51:40
  23. EALSAU
    A2: population size 50 million millennials today will have impact in the future #MillennialDonorsAU
    Wed, Oct 24 2012 14:51:57
  24. Arts_Courtney
    A2: Refusing (rightfully) to wait their turn. Being present and a force to reckon with. #MillennialDonorsAU
    Wed, Oct 24 2012 14:52:54
  25. violet_dc
    Payoff might not be immediate – but get them in the door #MillennialDonorsAU #MillennialDonorsAU
    Wed, Oct 24 2012 14:53:17
  26. EALSAU
    Q3: How can arts organizations include millennials? Why? #MillennialDonorsAU
    Wed, Oct 24 2012 14:53:28
  27. ArtsmanSteven
    Millenials are aninvestment, not immediate payoff, but contribution will grow
    #MillennialDonorsAU
    Wed, Oct 24 2012 14:54:02
  28. EALSAU
    millennials are thinking about planned giving #MillennialDonorsAU
    Wed, Oct 24 2012 14:54:31
  29. EALSAU
    RT @violet_dc: Payoff might not be immediate – but get them in the door #MillennialDonorsAU #MillennialDonorsAU
    Wed, Oct 24 2012 14:54:43
  30. cycloptiko
    A3 – Reach out and include them in the work artistically and organizationally #MillennialDonorsAU
    Wed, Oct 24 2012 14:54:44
  31. EALSAU
    engage millennials on social outlets! #MillennialDonorsAU
    Wed, Oct 24 2012 14:55:18
  32. Arts_Courtney
    .@ArtsmanSteven so true. And in every area: Millennials will be audience, donor, patron, and producer. (1/2) #MillennialDonorsAU
    Wed, Oct 24 2012 14:55:23
  33. Arts_Courtney
    .@ArtsmanSteven You can’t nurture them in one aspect, and then ignore them in another. They notice. (2/2) #MillennialDonorsAU
    Wed, Oct 24 2012 14:56:10
  34. EALSAU
    organizations should use technology wisely in order to reach millennials #MillennialDonorsAU
    Wed, Oct 24 2012 14:56:20
  35. AllyYusuf_
    Interesting RT @EALSAU: millennials are thinking about planned giving #MillennialDonorsAU
    Wed, Oct 24 2012 14:56:23
  36. violet_dc
    A3 enable them to connect with each other – provide the platforms for engagement #MillennialDonorsAU #MillennialDonorsAU
    Wed, Oct 24 2012 14:56:25
  37. Arts_Courtney
    A3: Less rigid rules for being involved. Millennials want to work in a variety of roles and in transparent processes. #MillennialDonorsAU
    Wed, Oct 24 2012 14:57:44
  38. cycloptiko
    A3 Provide opportunities for growth within org – so millenials don’t have to jump ship to advance #MillennialDonorsAU
    Wed, Oct 24 2012 14:59:22
  39. EALSAU
    Q3 What do you think we can look forward to in the future of millennial giving? #MillennialDonorsAU
    Wed, Oct 24 2012 14:58:44
  40. egoetschius
    RT @cycloptiko: A2 75% of millennials made some sort of donation of $ in 2011 http://huff.to/Lt3a91 via @HuffPostImpact #MillennialDonorsAU
    Wed, Oct 24 2012 14:59:15
  41. EALSAU
    Sorry that was Q4 #MillennialDonorsAU
    Wed, Oct 24 2012 14:59:17
  42. AllyYusuf_
    @violet_dc agreed. Empower millennials to use social media and other similar platforms to become the org’s ambassador #MillennialDonorsAU
    Wed, Oct 24 2012 14:59:37
  43. CStarek
    @AllyYusuf_ Agreed! I’m a BSOAmbassador ; ) #millennialdonorsau
    Wed, Oct 24 2012 15:00:40
  44. CStarek
    A4: #LifePiecestoMasterpieces just started a young professionals group (advisory) #millennialdonorsau
    Wed, Oct 24 2012 15:01:36
  45. Arts_Courtney
    A4: Dynamic giving models. More cooperative-style investments. #MillennialDonorsAU
    Wed, Oct 24 2012 15:02:24
  46. ArtsmanSteven
    Engaging Millenials = longterm cultivation strategy….relationship building #MillennialDonorsAU
    Wed, Oct 24 2012 15:02:46
  47. Arts_Courtney
    RT @ArtsmanSteven: Engaging Millenials = longterm cultivation strategy….relationship building #MillennialDonorsAU
    Wed, Oct 24 2012 15:03:51
  48. CStarek
    Love! RT @Arts_Courtney: A4: Dynamic giving models. More cooperative-style investments. #millennialdonorsau
    Wed, Oct 24 2012 15:04:07
  49. CStarek
    A4: collaboration is so important! #authentic #personalized #relationships #ownership #millennialdonorsau
    Wed, Oct 24 2012 15:05:05
  50. cycloptiko
    A4 – Millenials are already accustomed to donating – as our income grows so will our giving #MillennialDonorsAU
    Wed, Oct 24 2012 15:06:01
  51. Arts_Courtney
    I know so many people investing in each other’s work, my friends say we’re passing around the same $20. (1/2) #MillennialDonorsAU
    Wed, Oct 24 2012 15:06:17
  52. Arts_Courtney
    I think that can inform future collaborative and collective approaches to giving for Millennials. (2/2) #MillennialDonorsAU
    Wed, Oct 24 2012 15:07:09
  53. CStarek
    Millennials are charitably inclined; even if donations are < $100 at first, intend to increase #millennialdonorsau
    Wed, Oct 24 2012 15:08:05
  54. CStarek
    Patience is a virtue! Approach with long-term (relationship focused) mindset #millennialdonorsau
    Wed, Oct 24 2012 15:08:41
  55. CStarek
    Are your orgs reaching out to millennial donors? How? #millennialdonorsau
    Wed, Oct 24 2012 15:10:28
  56. Arts_Courtney
    Personally, I also think Millennials are EASIER TO ASK: they’ll tell you what they can and can’t give more honestly. #MillennialDonorsAU
    Wed, Oct 24 2012 15:10:34
  57. AllyYusuf_
    @CStarek the problem is that fundraisers want the dollars now – Are they are incorporating millennial donor strategies? #millennialdonorsau
    Wed, Oct 24 2012 15:11:31
  58. CStarek
    @Arts_Courtney Interesting point! #millennialdonorsau
    Wed, Oct 24 2012 15:11:40
  59. CStarek
    @AllyYusuf_ Right, what is the tolerance for “risk?” Orgs don’t have to give up on other donors to focus on millennials #millennialdonorsau
    Wed, Oct 24 2012 15:12:42
  60. AllyYusuf_
    @CStarek exactly – you took the words out of my mouth 🙂 #millennialdonorsau
    Wed, Oct 24 2012 15:13:53
  61. CStarek
    @AllyYusuf_ 🙂 Again, patience is virtue! Millennials must be approached with mindset of #nonprofit lng-tm #investment #millennialdonorsau
    Wed, Oct 24 2012 15:16:27
  62. Arts_Courtney
    I would also say Millennials have a higher risk tolerance, though they are allowed to take fewer of them. (1/2) #MillennialDonorsAU
    Wed, Oct 24 2012 15:17:03
  63. Arts_Courtney
    Donors with higher risk tolerance will support and encourage orgs. through a pivot or gamble. (2/2) #MillennialDonorsAU
    Wed, Oct 24 2012 15:18:25
  64. cycloptiko
    We’re underrepresented. How many devo depts have a millennial anywhere NEAR the front lines? #MillennialDonorsAU
    Wed, Oct 24 2012 15:18:30
  65. Arts_Courtney
    Not enough. RT @cycloptiko: Were underrepresented. How many devo depts have a millennial anywhere NEAR the front lines? #MillennialDonorsAU
    Wed, Oct 24 2012 15:20:07
  66. cycloptiko
    (My devo director saw that last tweet.) #MillennialDonorsAU
    Wed, Oct 24 2012 15:20:54
  67. ArtsmanSteven
    @cycloptiko good 🙂 #MillennialDonorsAU
    Wed, Oct 24 2012 15:22:19
  68. cycloptiko
    @CStarek Re: Engagement – young audience base, young staff (all 25 to 50), internships, and fresh programming #MillennialDonorsAU
    Wed, Oct 24 2012 15:24:10
  69. CStarek
    @cycloptiko Love #engagement ideas! #millennialdonorsau
    Wed, Oct 24 2012 15:24:58
  70. cycloptiko
    @CStarek Also, online asks with ticket sales are even getting small donor $ out of students #MillennialDonorsAU
    Wed, Oct 24 2012 15:25:59
  71. Arts_Courtney
    Having a contact person for Millennials is a good idea. Someone with real power who is prepared to make asks. #MillennialDonorsAU
    Wed, Oct 24 2012 15:25:15
  72. CStarek
    Final question: Q5: any recommendations to arts managers for implementing millennial donor programs/initiatives? #millennialdonorsau
    Wed, Oct 24 2012 15:25:24
  73. CStarek
    @Arts_Courtney PEER relationships – critical involvement #millennialdonorsau
    Wed, Oct 24 2012 15:26:07
  74. cycloptiko
    Q5 Get a fresh face at the table, listen, and filter through experience #MillennialDonorsAU
    Wed, Oct 24 2012 15:27:30
  75. Arts_Courtney
    Also, don’t make long-term the only goal. Millennials know when an org. is waiting for them to age and make $$$. #MillennialDonorsAU
    Wed, Oct 24 2012 15:27:42
  76. cycloptiko
    A5 Some affordable fundraising events to introduce to inside of org #MillennialDonorsAU
    Wed, Oct 24 2012 15:30:15
  77. CStarek
    A5: Quantify “soft skills” – relationships built, # of follows, etc. – demonstrate impact & how translated to $ #millennialdonorsau
    Wed, Oct 24 2012 15:32:45
  78. CStarek
    Our conversation is coming to a close. Thanks for chatting! @AllyYusuf_ @Arts_Courtney @@cycloptiko @violet_dc #millennialdonorsau
    Wed, Oct 24 2012 15:37:46
  79. CStarek
    Thanks for everyone’s participation! I’ll post a transcript asap. So happy to host with @EALSAU #millennialdonorsau
    Wed, Oct 24 2012 15:34:43
  80. Arts_Courtney
    Great chat! RT @CStarek: Thanks for everyones participation! Ill post a transcript asap. So happy to host with @EALSAU #MillennialDonorsAU
    Wed, Oct 24 2012 15:35:41
  81. CStarek
    RT @CStarek: Our conversation is coming to a close. Thanks for chatting! @ArtsmanSteven @egoetschius #millennialdonorsau
    Wed, Oct 24 2012 15:39:02
  82. CStarek
    @Arts_Courtney Thank you! I hope everyone will think about how to incorporate millennials into #nonprofit #fundraising #millennialdonorsau
    Wed, Oct 24 2012 15:41:07
  83. AllyYusuf_
    @CStarek thank YOU for the great topic and insights 🙂 #millennialdonorsau
    Wed, Oct 24 2012 15:45:43
  84. CStarek
    @AllyYusuf_ Happy to do it! Glad to have you here. 😀 #millennialdonorsau
    Wed, Oct 24 2012 15:52:53
  85. CStarek
    @cycloptiko Great insights! Thanks for participating in #MillennialDonorsAU
    Wed, Oct 24 2012 15:54:37
  86. actorLuke
    “@cycloptiko: A2 75% of millennials made some sort of donation of $ in 2011 http://huff.to/Lt3a91 via @HuffPostImpact #MillennialDonorsAU”
    Wed, Oct 24 2012 16:09:08
  87. EALSAU
    RT @CStarek: Thanks for everyone’s participation! I’ll post a transcript asap. So happy to host with @EALSAU #millennialdonorsau
    Wed, Oct 24 2012 17:20:55

2 thoughts on “Millennial Donors: The NextGen Impact on Charitable Giving in the Arts

  1. Pingback: Millennials in Nonprofit Fundraising for the Arts: Eager and Underrepresented | Mezzaphonically Speaking

  2. Pingback: Then and Now: Millennial Lessons from a Performing Arts Veteran – the Smithsonian Impresario | Mezzaphonically Speaking

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