At a Glance—Passing the Torch: Next-Generation Philanthropists

Overview

Wealth amassed by affluent individuals is being channeled into family foundations, increasingly led by millennials. They sit at the crossroads between the forces driving the millennial generation and the weight of their families’ legacies. They want their financial resources to achieve the greatest possible impact. They question why all their investments weren't impact investments. Armed with a host of new digital technologies and their family foundation endowments, they are empowered to make a positive change in people’s lives around the world and transform the traditional concept of family legacy into a legacy of giving.

For the at-a-glance philanthropy report, click below. For the full, in-depth philanthropy report, click here.

Advisor Thinking