The next generation of philanthropists give more than charitable checks. Find out why.
Unlike fine wine, philanthropic commitment does not have to improve with age. We have talked to four young philanthropists who want to give sooner rather than later: They have all hit major philanthropic milestones before turning 40. They give time and skills as well as money, and embrace new ways of making a difference, from collaborative giving to impact investing.
A pioneer in this respect is 36-year-old Liesel Pritzker Simmons. An heir to the wealth of the Chicago-based Pritzkers, creators of the Hyatt hotel chain and a family of active philanthropists, she is not drawn to traditional forms of giving such as the gala.