The value of Giving Back does get passed down!

GP and BC 4

Grandparents who actively pursue philanthropic endeavors are more likely to have grandchildren who give charitably and volunteer in the community.

While giving priorities may differ (grandparents are more inclined to religious giving and grandchildren to secular giving), grandparents play a role in developing their grandchildren’s giving habits.

Recent research released by the Lilly Family School of Philanthropy provides a first-of-its-kind look at the role parents and grandparents play in shaping the third generation’s giving habits.

A longitudinal study across three generations—grandparents, parents and their adult children age 18 and older—looked at intra-family charitable giving behaviors.  Turns out a grandparent’s legacy is every bit as much about transfering values, experiences, tradtion, and work ethic as it is about transfering assets.

Wondering where to start?

Actively seek intra-family volunteer opportunities that allow the entire family to participate:

  • Deliver meals to the homebound
  • Drop off new toys and books at the Children’s Hospital
  • Clean your neighborhood park or greenbelt

Share your passion by creating shared family experiences:

  • Attend a concert
  • Explore museums
  • Create a campaign on a social networking site for a cause that everyone in the family cares about

Interested in other summer activities to engage young children?  Read more here.