Millennial Entrepreneurs Rank Higher than Boomers and GenX for Philanthropy


credit: symphonynh

Millennials entrepreneurs aren't running a business just to earn money - when compared with previous generations of economic business owners, they're also focused on how they may really make a difference on the planet, a brand new survey suggests.

Polling 288 entrepreneurs from three generations whose companies have annual revenue of $1 million or more, the charitable organization fund Fidelity Charitable discovered that Millennials were more prone to volunteer and provide philanthropic support than Gen Xers and Baby Boomers. Actually, a complete 81% of Millennial entrepreneurs described giving as "an essential activity within their lives," when compared with 57% of Gen Xers and 48% of Boomers. Not just are Millennials more prone to give, but they're donating greater than two times just as much money their older counterparts.

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