Talk About Giving

If you’re reading this blog, chances are you’re philanthropic. When we say that, we mean that you give in some way. You value charitable giving.

The question is, do your children know this? Are your children aware of your efforts? Do they know that helping others or supporting causes that are meaningful is one of your family’s values?

Think about it. Do you discuss your philanthropic giving at home?

Studies show that we are not talking about it and that they unaware. In fact, they have no clue. A recent poll found that 77 percent of children under the age of 17 are either not aware of their parents giving, or know that they give but do not know how or to whom. And when asked how their parents support causes or organizations, only 10 percent of children said they give money. And an overwhelming majority - 63 percent – said that they have no idea what their parents do in terms of philanthropic giving. That means that while 75 percent of all philanthropic giving are made by individuals and families, only 10 percent of children think their parents give.

So tell us, do you communicate with your children about how you give? Are your children aware of who you support and why it’s important to you or your family? If you said no to either of these questions, why aren’t you talking to them about it? We’d love to hear your thoughts and insight. Comment below or email Kristin@yourfoundation.org.

Sources:

• Giving USA
• TheMint.org