Riding the Tech Wave: How Charities Can Positively Engage with the Innovation Generation

Riding the Tech Wave: How Charities Can Positively Engage with the Innovation Generation explains how the rise of tech founders is changing philanthropy in Australia. It reports on a webinar hosted by the Centre for Social Impact that drew on findings from the Australian Tech Giving Report. The report shows that tech entrepreneurs now hold a large share of national wealth and have untapped potential to give billions to social and environmental causes.

Tech founders are different from traditional philanthropists. They often create wealth early in life, value rapid impact, and see giving as a way to solve big problems. They tend to be socially aware, willing to take risks and interested in innovative solutions. This means charities need to rethink how they build relationships and communicate impact if they want to attract tech-sector donors.

The webinar explains that as the tech sector grows, so does its potential to drive social change. Predictions show that by 2030 Australian tech could contribute $250 billion a year to the economy and tech giving may become more strategic and influential. For charities and not-for-profits, understanding the values and expectations of tech givers can help them connect with new sources of funding and support.

This resource is valuable for not-for-profit leaders, fundraisers, social innovators and anyone interested in philanthropy trends and how the tech sector can contribute to social impact.