- The coming decades are likely to transform the philanthropic landscape as new wealth, priorities, and approaches reshape how families pursue their giving―and as younger generations inherit immense wealth created by entrepreneurs, innovators, and business leaders who came before them. This rising generation of philanthropists is reimagining what philanthropy can look like and what it can achieve.
- Forward Together: How Philanthropic Families Can Create Impact Across Generations is designed to help families navigate this transformation, articulate their goals, and overcome common challenges. The report synthesizes insights the Milken Institute gathered from 34 deep-dive interviews with rising-generation philanthropists and philanthropic advisors.
- Guided by the hard-won lessons and values of the established generation, the rising generation holds tremendous promise, not only to strengthen the family legacy but also to deliver lasting impact for the communities and causes that benefit from its generosity, creativity, and long-term commitment. The report offers practical recommendations and tools for anyone in a family seeking to navigate the challenges―and maximize the impact―of multigenerational philanthropy.