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THOUGHT LEADERSHIP

Nonprofit Boards Need Members Thirty and Under

By: Patricia Q. Connolly, Principal, PQC LLC

 

According to BoardSource, a leading institution for research on nonprofit board practices, approximately 57 percent of nonprofit board members are aged 50 or over—and only 17% are under the age of 40. (1)

The benefits of having a diverse board, including representation from different age groups, are well-documented and contribute to more effective decision-making and a broader perspective on organizational issues. The unique skills and perspectives that millennials and GenZ bring, particularly in f technology, collaboration, and a strong focus on social impact, can significantly enhance a nonprofit's ability to adapt and thrive in a rapidly changing environment.

Nonprofits must be forward-thinking and strategically position themselves to attract and engage younger donors, volunteers, and board members. Between 2023 and 2045, $84 trillion (about $260,000 per person in the US) in assets will be handed down to Millennials and members of Generation X and Generation Z (2) By including younger individuals on boards, organizations can better understand and connect with the values and priorities of the next generation of philanthropists.

The push for age diversity on nonprofit boards aligns with broader trends in corporate governance, where organizations are recognizing the importance of diverse perspectives for long-term success.  It is essential for nonprofits serving youths to have that younger voice at the table as they are closer in proximity to issues facing those they serve.

My advice for individuals under 30 interested in joining nonprofit boards is to remember that your personal brand is a vital asset; therefore, conducting thorough research, volunteering, networking, and acquiring relevant skills are essential before expressing interest in a board position. By completing your own due diligence, you not only demonstrate a genuine commitment to the organization but also help you understand the nonprofit's culture and operations.

In summary, I advocate for a more diverse age representation on nonprofit boards. This forward-thinking approach aligns with the evolving landscape of social impact and philanthropy. It not only benefits the organizations directly but also contributes to the overall health and sustainability of the nonprofit sector.

  1. BoardSource Leading with Intent Survey.

  2. https://www.thestreet.com/dictionary/g/great-wealth-transfer#:~:text=Between%202023%20and%202045%2C%20%2484,and%20members%20of%20Generation%20X.&text=America's%20richest%20families%20are%2

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