Article
Engaging the Next Generation: Giving Strategies For Younger Donors
It’s been an accepted reality that charitable giving increases with age, with reasons ranging from increased income and a stronger sense of responsibility and legacy, to recognizing the positive experience of giving to causes that are personally meaningful. Even though giving tends to increase in frequency and value with age, congregations can significantly improve donations from younger donors by adopting innovative online strategies and building awareness for giving opportunities and the impact of a donor’s contributions. Here are three tips to help.
Younger donors are digital natives. They prioritize mobile communication and on-demand information. Embracing digital giving strategies not only makes it easier for donors to give in the way that they find most convenient and trusted, it also provides opportunities to engage with members via a digital platform that captures the information needed to encourage on-going engagement and recurring donations. In fact, the shift toward digital giving has become a significant driver for all donors, with 60% of individuals willing to give to their church online. Digital giving also supports the flexibility and convenience to give via credit card, debit card, ACH, or digital wallets (Venmo, Google Pay, Apple Pay, and PayPal), and churches that offer online giving see a significant boost in donations—on average, a 32% increase in overall giving.
With a digital giving platform, you can take advantage of:
76% of Gen Z say they give online.
80% of Gen Z are willing to receive monthly texts for donations.
~50% of Gen Z and millennials are likely to use a QR code to donate.
Aside from Boomers, all other generations say they prefer to respond online in response to a direct mail appeal.
Source: Giving USA
While creating awareness for giving opportunities may seem like common sense, when appealing to younger donors, congregations need to both get the message out and make it easy to donate in real time. That means not just communicating that members can donate, but that they can donate right now. Here’s how:
Millennials and Gen Z take a values-driven approach to giving. They also expect transparency, which means they want to know exactly how their donations are being used and the impact they are having. Create opportunities to connect the dots between giving and how it helps your church fulfil its mission. Studies show that when donors understand how their donations impact a cause, they are more likely to give larger amounts—and this is especially true of younger donors, with 75% seeking concrete information about the impact of their donations.
When it comes to engaging with younger donors, you need strategies that align with their behavior and preferences, which is why you need an online giving platform that meets this younger generation where they are—on their devices—to promote effortless and ongoing generosity.
Servant Keeper Online Giving allows you to make giving simple and easy for all your members, and give greater visibility to administrators and accounting with automated data tracking so you can better understand and appeal to members’ specific interests. It also frees you from time consuming admin tasks so you can focus on what matters most: your mission.
Discover how to engage younger donors and improve giving with Servant Keeper Online Giving. Learn more here.
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