In his most recent post, Kentucky Baptist Foundation President and CEO Barry Allen shares some sobering insights into generational giving patterns in his latest post on the KBF blog:
Some futurists have projected a 70 percent decline in giving over the next decade or two if giving trends do not change dramatically. …
Did you know people over age 75 give four times as much of their income as 25 to 44 year olds, according to “The State of Church Giving Through 2009?” Each younger generation gives significantly less of its income to ministry.
Although older members account for only 19 percent of the membership of churches in the USA, they give 46 percent of the donations, according to a Barna Survey. Can your church sustain a 46 percent drop in donations?
The Kentucky Baptist Foundation provides charitable gift consultation services for individuals and investment management oversight and accounting services to Kentucky and Southern Baptist-related churches, associations, institutions and agencies and certain other501(c)(3) organizations. For help with stewardship and legacy gift program development that will encourage and educate your congregation, call the KBF at (502) 489-3533 or 1-866-489-3533 (toll-free, Kentucky only).