Involve kids early in family philanthropy and give them input into giving

Many of us adults give considerable thought to how we will pass along our money to the rising generations in our families when we die. Far fewer of us also consider how we will pass along our “value assets” – our family’s unique approach to community, giving back and helping others, while we’re living.

The passing along of family values cannot take place all at once, in a few conversations towards the end of life or in a paragraph buried in a will. Rather, to be effective, it must be an ongoing and integral part of family communications from the time children are very young well into their adult years.

A couple of generations ago, young children each had a few prized toys. Today, many have far more toys and games than they could ever play with and more books than they could ever read. On every birthday, holiday or other special occasion, the amount of “stuff” continues to accumulate.

Children as young as toddlers can donate gently used toys and books to a local nonprofit serving children. Likewise, for special occasions, your child can request donations to a local charity in lieu of gifts from their peers. Encourage the child to review a few nonprofits and select one that strikes a chord. Explain how the donations will be used to help people or promote a cause. When possible, have the child take the gifts (new or used) to the charity to participate in the transfer. Parents can set an example by making the same request for their own birthday and holiday presents.

When children reach the age to receive an allowance, consider the “three jars” approach: one jar for spending, another for saving and one for giving. One-third of the allowance should go into each jar. Help the child identify a personally meaningful charity to periodically receive the contents of the “giving” jar.

Children who are old enough to more actively participate can do all of the above, as well as join with older family members in a volunteer project – such as packing meals at a food pantry, tutoring younger children or engaging in a cause-related walk, run or ride. Meaningful volunteer activities can also be included as part of family vacations, especially abroad.

As children grow older, they can become more meaningfully involved in family giving decisions.

In too many families, philanthropic values and activities are unilaterally created and imposed by the older generations – with little consideration for the lens through which the younger generations see the world. This is nearly always a lost opportunity to engage in thoughtful conversations about what members of each generation value and how they view their role in helping to repair their community, nation or planet.

It is important to create a “safe zone” where all family participants can safely share their views and values. The wise family will give serious consideration to the causes important to their rising young adult members. In the words of an ancient proverb, “Do not confine your children to your own learning, for they were born in another time.”

Many philanthropic families choose to create donor-advised funds. This is an easily administered charitable fund within a public foundation or investment firm. It allows the donor to “advise” the sponsoring foundation about which nonprofits should receive grants from those funds.

Older children can be invited to research nonprofits and make recommendations for funding. A collective fund allows parents and/or siblings to learn to collaborate and communicate on donation decisions.

Where larger sums are available, a family can establish its own foundation. Once again, older children should be involved with researching and providing input on donation decisions and need to have a respected voice at the planning table.

No matter the size of a family’s philanthropic budget, the consistent involvement of younger generations (and recognition of their interests) can enhance family connectedness and communication, teach kids to acknowledge the lifestyle they are privileged to enjoy, transmit values to future generations – and leave a lasting family legacy.


Nonprofit of the Month

Centro Humanitario promotes the rights and well-being of day laborers and domestic workers through education, economic opportunity, job skills and leadership development, unity and advocacy. Since 2002 it has provided hope for an underserved and too often mistreated workforce of primarily immigrant and temporary workers. Determined to create a stronger future for their families, workers find community support and resources to demand safety, dignity, fair wages and justice.