Should a 20-Something Have a Philanthropy Plan?

Some people give simply because they know they should, and offer up charitable donations out of some kind of moral obligation. While it is true that we should all do our best to give back, this sentiment of obligatory philanthropy is readily going out of style. 

The next generation of philanthropists, the 20-somethings, are giving to those causes they feel personal connections to, rather than giving simply for the sake of giving. Young people like to engage personally with the causes they support, and are building philanthropy plans that reflect their interests and values. 

If you are a 20-something and have been wondering whether it is time you create a philanthropy plan, the answer is: it’s never too early to start giving! Building the habit of generosity and learning support causes that impact you and your community from an early age will help you to feel more connected to your community, and will help you to build patterns of empathy. 

Many younger people with charitable sensibilities shy away from engaging in philanthropy because they believe that they need to have tons of expendable income to make an impact. In truth, young philanthropists can contribute to nonprofit and community organizations in many ways, including but not limited to financially. 

How You Can Give Back Without Having Money

While even the smallest financial donation is appreciated by nonprofit organizers, not all young philanthropists can afford to donate money. Instead, try donating something else, like your time. Volunteer, serve on boards or committees, offer professional pro-bono services, or find some other creative way of donating your time. 

Many nonprofits often need additional volunteers to help with basic administrative tasks, to help organize or clean their facilities, or to simply spread the word about their cause. Donating your time is just as rewarding - if not more - than donating your money, and the sooner you begin contributing to causes you care about, the sooner you will feel the benefits of generosity. 

Once you start giving back, we know you won’t want to stop, which is why we encourage you to keep changing your philanthropy plan as often as necessary. As you, your career, and your life grow, you will find new ways to contribute to the causes that mean the most to you. Creating a basic philanthropy plan in your 20s is just the first step. 

Learn more about philanthropy and how you can make a difference when you visit Blackbird Philanthropy Advisors. We offer more information like this on our blog, where you can discover tips, tricks, and advice for volunteering, corporate giving, fundraising, and much more. ​