{"id":9788,"date":"2017-08-15T00:00:00","date_gmt":"2017-08-15T00:00:00","guid":{"rendered":"https:\/\/www.causevox.com\/?p=9788"},"modified":"2024-05-08T21:30:48","modified_gmt":"2024-05-08T21:30:48","slug":"millennial-giving-trends","status":"publish","type":"post","link":"https:\/\/www.causevox.com\/blog\/millennial-giving-trends\/","title":{"rendered":"Millennial Giving Trends: 2 Insights Fundraisers Must Know About This Generation"},"content":{"rendered":"<p>The <a href=\"https:\/\/www.themillennialimpact.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Millennial Impact Report<\/a> is back for 2017 and we wanted to share some great insights from the latest report with you.<\/p>\n<p>This annual research project, conducted by Achieve and funded by the Case Foundation, provides everyone from business leaders to nonprofit professionals a glimpse into what makes the Millennial generation \u201ctick.\u201d It\u2019s a useful tool for virtually anyone that interacts with people born between 1982-the early 2000s.<\/p>\n<p>Through these yearly reports, we\u2019ve learned about Millennial giving habits, political affiliations, interests, communication preferences, and so on.<\/p>\n<p>The first phase of the 2017 Millennial Impact Report tackles a new topic: cause engagement. Researchers asked \u201cWhy do Millennials choose to engage in cause movements\u201d and sought to get a handle on the varying reasons for a supporters\u2019 engagement. Of course, it\u2019s a tough, seemingly open-ended topic, but it\u2019s one every nonprofit should have a basic understanding of.<\/p>\n<p>Here are 2 vital takeaways from Phase 1 and how your nonprofit can adapt your strategy to match the unique needs of the Millennial population.<\/p>\n<h3 style=\"text-align: center; font-size: 1.75em;\"><em>&#8220;Here&#8217;s how your nonprofit can adapt your strategy to match the unique needs of the Millennial population.&#8221;<\/em>&nbsp;<a href=\"https:\/\/ctt.ec\/5t7_7\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: .5em;\"><i class=\"icon ion-social-twitter\"><\/i>tweet this<\/span><\/a><\/h3>\n<h2>1. Millennials Are Confused About Cause-Based Vernacular<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9789\" src=\"https:\/\/causevox.com\/wp-content\/uploads\/2024\/05\/Screen-Shot-2017-07-31-at-3.53.13-PM.png\" alt=\"millennial giving\" width=\"741\" height=\"487\"><\/p>\n<p>Finding: <em>We asked interviewees how they themselves would define \u201ccause\u201d and \u201csocial issue.\u201d Their answers reflected a lack of consistent understanding of each term.<\/em><\/p>\n<p>Here in the world of nonprofits and charities, we\u2019re surrounded by acronyms, slogans, and unfortunately, more than our fair share of jargon. We blurt out our taglines, talk about our \u201cthought leadership\u201d in the industry and how we\u2019re aiming to \u201cleverage\u201d our donor\u2019s money. We discuss our \u201cstrategic partnerships\u201d and encourage people to engage with us as we \u201ctackle\u201d \u201csocial issues\u201d.<\/p>\n<p>But what does any of that mean? Truth be told, there\u2019s a substantial lack of clarity when it comes to nonprofit language. For example, Phase 1 of the Millennial Impact Report found this common problem:<\/p>\n<p><em>Several interviewees viewed the label \u201cactivist\u201d as requiring a personal connection to an issue. They viewed themselves as advocates or allies. Many interviewees described \u201cactivist\u201d in more traditional terms, as someone involved in more intense actions, such as protesting, to effect national or global change. <\/em><\/p>\n<p>So how does a Millennial, or any supporter for that matter, connect and engage with your cause without understanding what you\u2019re asking of them? The key here is to work on how we use language to inspire and <a href=\"https:\/\/www.causevox.com\/blog\/latest-2016-millennial-impact-report\/\" target=\"_blank\" rel=\"noopener\">activate our Millennial audience<\/a>.<\/p>\n<p>Here are some suggestions to help clarify your message:<\/p>\n<ul>\n<li>Use strong, clear <a href=\"https:\/\/www.causevox.com\/blog\/create-compelling-call-to-action\/\" target=\"_blank\" rel=\"noopener\">calls to action<\/a><\/li>\n<li>Explain what you mean when you\u2019re asking Millennials to become \u201cactivists\u201d or \u201csupporters.\u201d Are you looking for people to canvass the neighborhood for signatures, lobby for relevant local and state legislation, or share your cause of their social media pages? Activism\/support means something different to everyone, so you may be turning potential supporters away just because you\u2019re asking them to become a generic \u201cactivist\u201d, without clarification.<\/li>\n<li>Avoid jargon when possible.<\/li>\n<\/ul>\n<p>Now\u2019s the time to start focusing on creating a clear, consistent, to-the-point message so people best understand what you want\/need them to do to solve greater \u201csocial issues\u201d via your \u201ccause.\u201d<\/p>\n<h2>2. Millennials Are Concerned With The \u201cGreater Good\u201d<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9790\" src=\"https:\/\/causevox.com\/wp-content\/uploads\/2024\/05\/Screen-Shot-2017-07-31-at-3.53.27-PM.png\" alt=\"millennial giving\" width=\"740\" height=\"492\"><\/p>\n<p>Finding: <em>Millennials we interviewed wanted to give all people \u2013 but especially marginalized or disenfranchised individuals or groups \u2013 early interventions and opportunities that would ensure increased prosperity later in life.<\/em><\/p>\n<p>We now know that Millennials don\u2019t have a good grasp on what we\u2019re trying to get them to do for our \u201ccauses,\u201d but that doesn\u2019t mean they don\u2019t care. In fact, Millennials overwhelmingly care about social issues and supporting causes that benefit the greater good.<\/p>\n<p>One of the most positive findings of this preliminary report is that Millennials feel responsible for helping others, especially those in marginalized populations. Plus, the \u201csocial issues\u201d supported by Millennials aren\u2019t limited to their own scope or perspective. Instead, Millennials are interested in assisting the disenfranchised outside their own sphere.<\/p>\n<p><em>Millennials interviewed expressed a sense of responsibility for all Americans now to increase their cause engagement and expand their willingness to help even those unfamiliar to them. <\/em><\/p>\n<p>Per the report, Millennials are most concerned with issues surrounding equality, equity, and opportunity. So if your nonprofit or charity delves into these social issues, then you\u2019re on the right track to gain Millennial support.<\/p>\n<p>Here are a few ways your nonprofit\/charity can capitalize on the increasing engagement of Millennials in regard to social issues:<\/p>\n<ul>\n<li>Clarify how your local organization has an<a href=\"https:\/\/www.causevox.com\/blog\/quantify-impact-crowdfunding\/\" target=\"_blank\" rel=\"noopener\"> impact<\/a> on the greater social issue at-hand.<\/li>\n<li>Equate volunteer time\/donations\/activism efforts to impact. For example, a \u201c$100 donation means XYZ\u201d or \u201cWith X number of signatures, we can help promote this particular piece of legislation.\u201d<\/li>\n<li>Give your Millennial audience a constant stream of doable action items. Continue to engage them through a variety of engagement opportunities, from <a href=\"https:\/\/www.causevox.com\/blog\/people-based-fundraising\/\" target=\"_blank\" rel=\"noopener\">social media sharing to personal fundraising<\/a>.<\/li>\n<\/ul>\n<p>Millennials aren\u2019t just a subset of your donors, they\u2019re your organization\u2019s future. They are your upcoming leaders, board members, and donors. Therefore, it\u2019s important to understand their interests, desires, and capacity to get involved.<\/p>\n<h3 style=\"text-align: center; font-size: 1.75em;\"><em>&#8220;Millennials aren\u2019t just a subset of your donors, they\u2019re your organization\u2019s future.&#8221;<\/em>&nbsp;<a href=\"https:\/\/ctt.ec\/abd8N\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size: .5em;\"><i class=\"icon ion-social-twitter\"><\/i>tweet this<\/span><\/a><\/h3>\n<p>There\u2019s no time like the present to bring them under your organization\u2019s umbrella!<\/p>\n<p>Stay tuned as we bring your more takeaways from Phases 2 and 3 of the 2017 Millennial Impact Report.<\/p>\n<p>To read our past coverage of the Millennial Impact Report, follow these links:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.causevox.com\/blog\/latest-2016-millennial-impact-report\/\" target=\"_blank\" rel=\"noopener\">Social Media, Activism, and Other Engagement Trends from the 2016 Millennial Impact Report<\/a><\/li>\n<li><a href=\"https:\/\/www.causevox.com\/blog\/2016-millennial-impact-report-nonprofit\/\" target=\"_blank\" rel=\"noopener\">4 Insights for Nonprofits From the 2016 Millennial Impact Report<\/a><\/li>\n<li><a href=\"https:\/\/www.causevox.com\/blog\/attract-millennials-nonprofit\/\" target=\"_blank\" rel=\"noopener\">5 Ways to Attract Millennials to Your Nonprofit<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Millennial Impact Report is back for 2017 and we wanted to share some great insights from the latest report with you. This annual research project, conducted by Achieve and funded by the Case Foundation, provides everyone from business leaders to nonprofit professionals a glimpse into what makes the Millennial generation \u201ctick.\u201d It\u2019s a useful [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":50996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-9788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"acf":[],"featured_image_src":"https:\/\/www.causevox.com\/wp-content\/uploads\/2024\/05\/Screen-Shot-2017-07-31-at-3.53.13-PM-600x400.png","featured_image_src_square":"https:\/\/www.causevox.com\/wp-content\/uploads\/2024\/05\/Screen-Shot-2017-07-31-at-3.53.13-PM-600x411.png","author_info":{"display_name":"Candace Cody","author_link":"https:\/\/www.causevox.com\/author\/candace\/"},"_links":{"self":[{"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/posts\/9788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/comments?post=9788"}],"version-history":[{"count":0,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/posts\/9788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/media\/50996"}],"wp:attachment":[{"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/media?parent=9788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/categories?post=9788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.causevox.com\/wp-json\/wp\/v2\/tags?post=9788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}