As you have seen through this blog, over the last few years the Minneapolis Foundation has been experimenting with how to honor our history while being responsive to the changing field of philanthropy. We have been looking for an effective way to reach out to young professionals, who we’ve found are more charitable than ever before but choose to give more collectively, with time and with impact.
I am excited to introduce a new initiative called Fourth Generation to help foster the next wave of charitable givers to make an impact in our community. The Minneapolis Foundation was founded in 1915 and this group truly represents the fourth generation of those committed to making a difference through the Foundation.
Who can participate?
Mid-career professionals interested in learning, doing, and giving through engaged philanthropy in our community are welcome. By being part of the Fourth Generation you can:
- Contribute and participate in the Fourth Generation Fund and get hands-on experience in strategic giving;
- Gain access to community leadership and community knowledge through educational lunches with peers; and
- Receive special invitations to Minneapolis Foundation events.
What is the Fourth Generation Fund?
The Fourth Generation Fund came about as an evolution of the long standing partnership between The Minneapolis Foundation and Community Capital Alliance. Community Capital Alliance historically operated as a giving circle for young professionals, and we’re using that model for the Fourth Generation Fund.
As an all-volunteer run organization, Community Capital Alliance needed some assistance with operations in order to let members do the part they love best – grantmaking! At the same time the Foundation was looking to formalize its offerings to young professionals. So this was the perfect opportunity for us to join forces.
How does it work?
Members pool their resources (time and money!), learn about a community issue that they decide to collectively support, identify nonprofits working in that field, and invest in an organization effectively addressing the issue. Through the process, members will gain access to The Minneapolis Foundation’s expertise and connections to community leaders and best practices in giving. (read here for more description of the giving circle)
Join us!
We will be officially kicking off Fourth Generation and the program year for the Fourth Generation Fund on Tuesday, September 21. If you want to stay informed and consider getting involved us on Facebook.
Watch this video (click here or on the picture) to learn more about Fourth Generation from me (Robyn Schein) and Joe Mosher, Chair of the Fourth Generation Fund
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