grandparents.com(sm) a new generation of grandparents.
SEARCH
Free Newsletter
Help
Loading top menu.
Celebrity • Education • Family • Finance • Health • Legal • Long-Distance • New Grandparents • You & Your Grandchildren • Columnists
the_gift_of_giving

How To Turn Grandchildren into Philanthropists

When you get kids involved in charity, you give them a gift that lasts a lifetime

by Bambi Holzer

You don’t have to look far these days to find people in need of a helping hand. Earthquake survivors in China, flood-ravaged communities in Iowa, and other victims of natural disasters have urgent need for large-scale, airlifted donations. At the same time, less-epic events, like the home-mortgage crisis and the rising cost of oil, are forcing many families to seek help from local charitable groups, which in turn need their resources bolstered by individual contributions. So now is a good time to start teaching your grandchildren about the importance of charitable giving. Here are some tips to get you going.

Teach By Example

As with so many things in life, the best way to impart a lesson to your grandchildren about the importance of charity is to set a good example. That means being open with kids about the causes that matter to you, the volunteer work you do, and the money you donate. It also means involving them in your charitable efforts.

* If you’re writing a check to your favorite cause, explain to grandchildren why you've decided to support it. Visit the organization’s website together to show the kids how the group helps others.

* If there’s a volunteer activity that your grandchildren can join you in, ask them to take part. I have one client who volunteers at a soup kitchen once a month and brings his granddaughter with him to help. Not only do they help feed hungry people in their community, they get to spend time together, too.

My own grandchildren know that giving both money and time to charity is the norm in our family. I often talk with them about my involvement in various charities, and they see me heading off to meetings and events. But at the same time, I don’t make a big deal out of it, because I don’t want them to think there’s anything unusual about what we do — it’s simply the way we live.

Tap Into Their Interests

When you're involved in causes that affect you personally — for example, running in the Susan G. Komen Race for the Cure because you're a breast cancer survivor — you can expect grandchildren to be eager to get involved themselves. But you can't automatically assume that all of your pet charities will become theirs. Sharing your own charitable priorities is a good way to introduce them to the concept of giving back to the community, but it's important, as they grow up, that their own charitable projects come from their own interests.

Pay attention to their hobbies, to the topics that interest them most in school, and to items that catch their attention on the news. My own grandchildren spend hours watching nature shows on Animal Planet and the Discovery Channel, so we’ve spent time talking about the environment and global warming, and I’ve encouraged them to think about making donations to groups that address those causes.

Start Early

Like learning a foreign language, preparing your grandchildren for a lifetime of charitable giving is best started when they're young. Pushing a baby grandchild or a toddler grandchild as you do a charity walkathon will make a great photo op for his or her baby book. Later it will become a tale you can tell them of how they were active in charity even when they were little.

Age 6 or 7 is a good time to start involving your grandchildren directly in your charitable causes. Many families, unfortunately, have a close relative who has some kind of serious health issue. A cause like that is often a good place to start. You can also consider causes that are close to kids' lives, like schools, libraries, children's hospitals, or religious institutions.

You can help grandchildren get started by funding, at least partially, their early charitable efforts. When my husband and I give our grandchildren money today, it always comes with a caveat: They can spend half on whatever they want, but the other half must go to a charity of their choice.

Charitable giving is its own reward — we know that it feels good to do good. By helping your grandchildren get involved in a cause, you’ll be giving them a valuable gift yourself: The knowledge that they have the power to help make a difference and become a positive force in society.

Next article in Finance: How Finance Pros Advise Their Grandchildren

See articles by age: Expecting | Baby | Toddler | Preschooler | Elementary | Tween | Teen+
12 Ways to Help Children Fight Their Fears

Our expert's choices to ward off nightmares Build confidence »

3 Cool Cupcake Recipes

These unusual and delicious cupcakes are anything but typical sweets Unusually delicious sweets »

Be a Mentor to Your Grandchild

An expert discusses how you can help grandkids get into college and find jobs Tips and advice »


People Are Talking In Groups!
Grandparents Giving Back (31 members)

This Group is a place to come and share your stories of giving back. How are you helping in your community this season? Donatin...

Visit this Group »

Signup for our free newsletter Sign Up
ADVERTISEMENT
follow us on facebook follow us on twitter

happening right now

Video Contest: Enter the "Get Active with Your Grandkids" Video Contest! Ten winners will receive a Schwinn bicycle with helmet!
Recipes: 3 Recipes from Ming Tsai and a DVD Giveaway! Whip up these fresh, fast recipes from Ming Tsai and enter to win his new DVD
activities: 25 Great Sleepover Activities Make your grandkids' evening so fun they'll want to come back next week, too
Money: 5 Shopping Tricks to Save You More at the Store Learn how to tell what's a real deal, and what isn't
toys: Our Favorite Toys on the Silver Screen Some of the best films and movie characters were inspired by toys — take a look!
Benefits Club Giveaway: Win a Mystery Hat Game From Learning Resources Make Learning Magical!
article: The Benefits of Forging Family Traditions Our columnist reflects on the annual family vacation that binds the generations
Money: Trade in Your Old Electronics They may be worth more than you think
Coloring Pages: Rainy Day Let spring showers inspire the artist in your grandchild
Benefits Club Deal: Coffees of Hawaii: Save 10% & Free Shipping! Say Aloha to great coffee!

about the author

Bambi Holzer , AIF, CEA, CSPG, is the owner of Bambi Holzer Financial Group in Beverly Hills, Calif. An investment advisor for more than 25 years, Holzer has worked with high-net-worth individuals, endowment funds, and family foundations. She has appeared on Today, NBC Nightly News, and CNN, among others, Holzer is the author of four books on retirement planning and personal finance, including Set for Life: Financial Peace for People Over 50 (Wiley, 2000).
ADVERTISEMENT
Copyright © 2007-11 Grandparents.com LLC, all rights reserved. Trustee Seal