As the global philanthropic environment changes with new millennial global leaders and philanthropists, it has become increasingly important to identify how charitable millennial global leaders interact with nonprofits. The current study provides a qualitative phenomenological approach to explore the lived experiences of millennial global leader donors. While much of the research on millennials and philanthropy is related to the workplace, college alumni, financial institutions, and gender studies, this study expanded knowledge as it relates to the millennial global leader demographic, and what drives them philanthropically. The purpose of this study was to explore a deeper understanding of the perspectives and behaviors that drive millennial global leaders and their philanthropic giving. Using social exchange theory, the research clarified if personal gains or political agendas were drivers in millennial global leader giving, as people tend to evaluate their interactions based on social gain (Blau, 1964). The following eight themes emerged from the data (a) Charitable Involvement/Events, (b) Technology and Communication, (c) Ways to Give, (d) Family and Friends, (e) Impact, (f) Millennial Lifestyle and Networking (g) Millennial Philanthropic Perspectives, and (h) Cultural Diversity and Intelligence. The findings of this study have also confirmed and identified new drivers for philanthropy amongst millennial global leaders through the emergent themes. Finally, the results from this study, in combination with organizational data and an extensive literature review suggest that millennial global leaders want to be involved with events that yield significant impact to an organization’s bottom line. The millennial global leaders of the study want to help nonprofits and work on committees so that they can exhibit their talents and create opportunities to network, and simultaneously contribute financially to the cause.
|Advisor:||Williams, Brenda C.|
|Commitee:||Barcalow, Douglas A., Scott, Michelle T.|
|School:||Indiana Institute of Technology|
|School Location:||United States -- Indiana|
|Source:||DAI-A 82/9(E), Dissertation Abstracts International|
|Subjects:||Social research, Marketing, Business administration|
|Keywords:||Global leaders, Millennials, Nonprofits, Philanthropy, Wealth transfer, Cultural intelligence|
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