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YOU want ME to give YOU what?! Misconceptions with & Solutions for Millennial Giving #GENYGIVE

Millennial Giving: Misconceptions and Solutions

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The Millennial Generation has been called the ME ME ME generation, labeled narcissistic and entitled. Well, whether or not this is an accurate and fair characterization, millennials are the future lifeblood of your institution and we're here to help.

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Page 1: Millennial Giving: Misconceptions and Solutions

YOU want ME togive YOU what?!

Misconceptions with & Solutions for Millennial Giving

#GENYGIVE

Page 2: Millennial Giving: Misconceptions and Solutions

Harvey Simmons, EverTrue@HOSIMMONS4

Page 3: Millennial Giving: Misconceptions and Solutions

Matt Siegel, University of [email protected]

Page 4: Millennial Giving: Misconceptions and Solutions

Today’s Blueprint

Sketching the Millennial Portrait

7 Ways to Be Relevant to Millennials

In Practice: University of Rochester

Page 5: Millennial Giving: Misconceptions and Solutions

What’s a MILLENNIAL?

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19 | 31

BY DEFINITION, MILLENNIALS RANGE IN AGE...

GREATLY

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Millennial Characterizations

#GENYGIVE

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Page 9: Millennial Giving: Misconceptions and Solutions

True or False

MILLENNIAL

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Millennials are the least apt to give.

True or False

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FALSE

0

25

50

75

100

GEN Y GEN X Boomers Matures

*blackbaud#GENYGIVE

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Student debt effects millennial giving.

True or False

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TRUE

*eduventures

Page 14: Millennial Giving: Misconceptions and Solutions

TRUE

*eduventures

Page 15: Millennial Giving: Misconceptions and Solutions

Meeting face-to-face is the best wayto educate Millennial donors.

True or False

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*MILLENNIAL IMPACT REPORT

FALSE

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This is a new thing.

Page 18: Millennial Giving: Misconceptions and Solutions

7 Ways to EngageMillennials

Be Relevant to

Page 19: Millennial Giving: Misconceptions and Solutions

"An obsession with simplicity [for GEN Y] is essential.

- Josh Dyksta, Writer at Fast Company

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1. Make Giving Easy

#GENYGIVE

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1. Make Giving Easy

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"They're much more likely to find value in experiences than they are to find value in things.

- Noah Nelson, Writer at Huffington Post

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2. Re-occurring Monthly Gifts

http://centennial.rice.edu/stories/youngalumni/

Page 24: Millennial Giving: Misconceptions and Solutions

2. Re-occurring Monthly Gifts

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“We have enough technology these days that it should be easy for you to get to know me before you reach out and start the conversation.

- Sarah Goliger, Marketing Manager at HubSpot

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3. Give Context to Your Asks

Page 27: Millennial Giving: Misconceptions and Solutions

3. Give Context to Your Asks

#GENYGIVE

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“40% of Millennials check Facebook more than 10 times per day.

-Dan Schawbel, Founder of Millennialbranding.com

#GENYGIVE

Page 29: Millennial Giving: Misconceptions and Solutions

4. Add Some Bucks to Social Media

Page 30: Millennial Giving: Misconceptions and Solutions

“Only 43.6% of 18-29 year olds are employed full-time and now we have another report showing roughly 1 in 6 18-29 year olds are out of work entirely.

- Evan Feinburg, President of Generation Opportunity

Page 31: Millennial Giving: Misconceptions and Solutions

5. Make them Rockstar Networkers

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“ They grew up with Barney, the community-minded purple dinosaur that put sharing and fairness at the top of his to-do list. If they are going to share all of their secrets online, they expect everybody to share their secrets as well.

- Warren Wright, SVP, Life Course Associates

Page 33: Millennial Giving: Misconceptions and Solutions

6. Improving Transparency

http://report.president.msu.edu/360/broad/

Page 34: Millennial Giving: Misconceptions and Solutions

“ They want impact they can see, and they want to know that their own involvement has contributed to that impact.

- Next Gen Donors, #NEXTDONORS

#GENYGIVE

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7. Crowdfunding

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DECREASE IN UNRESTRICTED

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CONSECUTIVE GIFTS

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BC GOLD LEADERSHIP COUNCIL

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George Eastman’s Legacy

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“How much did that cup of coffee cost you?”

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Senior Class Giving:Making the Transition to Alumni Giving

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Recent GraduatePhilanthropy Council

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George Eastman Circle“Associate” Giving

$4,000 over 5 years - Associate

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Page 46: Millennial Giving: Misconceptions and Solutions

GOLD is Moving the Needle!

Page 47: Millennial Giving: Misconceptions and Solutions

THANK YOU!@evertrue

@[email protected]