A Culture of Collaborative Giving: SFCG Convenes Global Youth Summit
Next week, Search for Common Ground will convene a global youth summit, bringing together more than 100 young philanthropists, social entrepreneurs and potential investors representing 50 countries and families with a combined net worth of more than $50 billion. The participants will gather in New York City from July 26-29 for a first-of-its-kind event designed to network and transform youth philanthropy.
The Nexus Global Youth Summit is being held to jump-start efforts to create a more engaged and connected group of donors and inspire increased generosity. Such well known philanthropic names as Swaziland Prince Cedza Dlamini, who is the grandson of Nelson Mandela, members of the Saudi royal family, Ben Bronfman and Ryan Allis are expected to attend.
By 2050, trillions of dollars will be passed from older to younger generations but philanthropic giving among younger wealth holders remains limited. Sometimes this is merely a matter of not knowing what work is out there and not feeling engaged with the work their money might support. In recent years, Search has brought philanthropists, government donor agencies, and other investors together with social entrepreneurs to form partnerships and to increase giving.
We aim to create strong connections between potential investors and social entrepreneurs and safe spaces for those connections to flourish. The idea is to foster a far-reaching culture of giving and partnerships that overcomes traditional obstacles and transcends ideological, political, religious and national boundaries. In doing so Search for Common Ground is empowering today’s up-and-coming youth leaders to play a larger role in shaping the present and future.
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