Millennial Giving: Misconceptions and Solutions

Post on 22-Jan-2015

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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.

Transcript of Millennial Giving: Misconceptions and Solutions

YOU want ME togive YOU what?!

Misconceptions with & Solutions for Millennial Giving

#GENYGIVE

Harvey Simmons, EverTrue@HOSIMMONS4

Matt Siegel, University of Rochestermatt.siegel@rochester.edu

Today’s Blueprint

Sketching the Millennial Portrait

7 Ways to Be Relevant to Millennials

In Practice: University of Rochester

What’s a MILLENNIAL?

19 | 31

BY DEFINITION, MILLENNIALS RANGE IN AGE...

GREATLY

Millennial Characterizations

#GENYGIVE

True or False

MILLENNIAL

Millennials are the least apt to give.

True or False

FALSE

0

25

50

75

100

GEN Y GEN X Boomers Matures

*blackbaud#GENYGIVE

Student debt effects millennial giving.

True or False

TRUE

*eduventures

TRUE

*eduventures

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

True or False

*MILLENNIAL IMPACT REPORT

FALSE

This is a new thing.

7 Ways to EngageMillennials

Be Relevant to

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

- Josh Dyksta, Writer at Fast Company

1. Make Giving Easy

#GENYGIVE

1. Make Giving Easy

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

- Noah Nelson, Writer at Huffington Post

2. Re-occurring Monthly Gifts

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

2. Re-occurring Monthly Gifts

“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

3. Give Context to Your Asks

3. Give Context to Your Asks

#GENYGIVE

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

-Dan Schawbel, Founder of Millennialbranding.com

#GENYGIVE

4. Add Some Bucks to Social Media

“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

5. Make them Rockstar Networkers

“ 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

6. Improving Transparency

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

“ 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

7. Crowdfunding

DECREASE IN UNRESTRICTED

CONSECUTIVE GIFTS

BC GOLD LEADERSHIP COUNCIL

George Eastman’s Legacy

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

Senior Class Giving:Making the Transition to Alumni Giving

Recent GraduatePhilanthropy Council

George Eastman Circle“Associate” Giving

$4,000 over 5 years - Associate

GOLD is Moving the Needle!

THANK YOU!@evertrue

@hosimmons4info@evertrue.com