Millennials are coming into their own income-wise. They have a charitable and philanthropic mindset, and yet, many nonprofits say millennials aren’t showing up treasure-wise in the same way as previous generations. According to Nonprofit Pro, “Millennials represent 33 million annual donors, have a $481 annual gift, and contribute to three charities annually.” Still, that’s around 34% less than Generation X and 60% less than Baby Boomers in terms of average annual gift size. It’s not that Millennials want to give less, but they are constrained in ways that previous generations have not been.
