“We have the opportunity to create social impact by funding new initiatives that drive meaningful change, bringing us full circle to our earlier days as activists in the 60s and 70s.” Michael Clinton (SPS ‘21, M.S. Nonprofit Management) special media advisor to the CEO of Hearst Corporation & author of ROAR Into the Second Half of Your Life (before it’s too late!).
In his Esquire Magazine article, “The profound effect of Americans living longer lives,” Clinton writes about the economic power of the Baby Boomer generation and suggests that philanthropy is one of the tools that people can best use to maximize their “incredible gift of time.”
“It has been much reported that over the next 20 years, the Boomers will deliver the largest transfer of generational wealth in the history of the world, an estimated $60 to $70 trillion dollars in assets that will either be accessed by them or passed on to the next generations. Perhaps this is how we can make the biggest statement of our generational legacy,” Clinton explains.
Clinton is a 2021 graduate of the M.S. Nonprofit Management program and former President and Publishing Director of Hearst Magazines. He is currently the special media advisor to the CEO of the Hearst Corporation and the founder of Circle of Generosity, a nonprofit that grants random acts of kindness to those in need. Clinton’s newest book, ROAR Into the Second Half of Your LIfe (before it’s too late!), was published in September 2021.
Read the entire article in Esquire and learn more about the M.S. Nonprofit Management Program at Columbia University.