As philanthropists and charitable foundations make more of a mark on development finance, development organizations are looking for clues about how to engage an emerging group of young donors in global giving.
One thing’s for certain: The next generation of philanthropists will have the resources to make a serious impact.
More than $59 trillion will pass into the hands of the next generation by 2050, and this new crop of wealthy individuals — technology entrepreneurs, heirs to family fortunes and real estate wunderkinds — will control between $20 trillion and $30 trillion in charitable giving.