Why Millennials and Gen Z Aren't Giving to Their Alma Mater (And What Actually Works)

Why Millennials and Gen Z aren’t giving to their alma mater and what actually works. Insights from the 2026 National Alumni Survey on how younger alumni give differently.

Sushmitha

Published: 

May 11, 2026

Updated: 

Summary

  • According to the 2026 National Alumni Survey, only 13% of Millennial and Gen Z alumni donated to higher education last year, compared to 32% of older alumni.
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  • Younger alumni are still highly generous, with 37% giving to GoFundMe-style campaigns and 34% supporting civil rights and social justice causes instead.
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  • The survey found younger donors prefer causes with visible, personal impact like mental health support, first-gen initiatives, and emergency funds.
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  • Traditional annual fund appeals and institution-first messaging no longer resonate strongly with younger alumni.
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  • The National Alumni Survey shows that what works best today is real storytelling, transparent impact, and frictionless digital giving experiences
  • I fall right between Gen Z and Millennials, a Zillennial, if you want to get specific.

    I'm not starting my day with matcha every morning, but I appreciate the vibe. Memes are definitely a love language, but so is a well-organized Excel sheet.

    Writing this piece felt oddly personal. Because I am both generations at once.

    So when the data on alumni giving from younger graduates landed in front of me, I didn't just analyze it. I recognized myself in it.

    Here's what the numbers actually say, and what university fundraising teams need to hear.

    The Alumni Giving Gap Is Real (But Not What You Think)

    The short answer to why Millennials and Gen Z aren't giving to their alma mater: they are giving. Just not to you.

    And before you take that personally, it's worth understanding why.

    The 2026 National Alumni Survey, gathered from over 82,000 alumni voices across 31 colleges and universities, makes the picture clear:

    • Only 13% of Millennial and Gen Z alumni gave to higher education in the past year
    • Compare that to 32% of older alumni

    That's a signal right there.

    Where Younger Alumni Are Giving Instead

    When Millennials and Gen Z give, they give to causes that feel immediate, personal, and visible.

    Here's what that looks like in practice:

    • 37% gave to individuals through GoFundMe-style campaigns (vs. 24% of older alumni)
    • 34% gave to civil rights and social justice causes
    • Higher education ranked 11th on their list of giving priorities

    The pattern is clear: younger alumni gravitate toward giving that feels direct. They want to see a face, a story, a specific person whose life changed because of their contribution. Broad, abstract institutional appeals simply don't compete with that.

    Why This Shift Is Happening

    This isn't a generational quirk. It's a logical response to how younger alumni experience the world and institutions.

    Let's break it down:

    1. They need to see visible impact.
    Younger alumni don't give out of tradition or obligation. They give when they can connect their contribution to a real, tangible outcome, like a scholarship that put a first-generation student through graduation or an emergency fund that kept someone from dropping out. When the impact is invisible, so is the motivation to give.

    💡For example, the University of North Carolina School of the Arts moved from a “one day, one fund” model to offering over 40 donor-choice funds during Giving Day. [Read More]

    2. They prefer immediacy over schedules.
    Nearly one in three younger alumni give on an "as needed" basis, responding when a cause needs support right now. Only 17% give on a regular schedule, compared to 38% of older alumni. Annual fund cycles and fiscal year deadlines don't map to how this generation thinks about generosity.

    3. Institutional trust isn't automatic.
    Older giving models assumed loyalty. Younger alumni don't start from a place of institutional trust. They extend it based on evidence, transparency, and whether they feel genuinely seen. According to the 2026 National Alumni Survey, 40% of alumni feel disconnected from their institution, and nearly half feel ill-informed about what it's doing. That's not a foundation for giving.

    In our recent webinar with Dr Amanda Shoemaker, we unpack what drives young alumni to give. [Watch here]

    4. They expect frictionless, digital-first giving.
    43% of younger alumni give via digital wallets like Apple Pay or Venmo, compared to just 14% of older graduates. If your giving process has friction, you've already lost them.

    What Most Advancement Teams Are Getting Wrong

    Here's what you need to know: most advancement teams are still running playbooks written for a different generation of donors.

    Annual fund appeals, broad unrestricted messaging, and campaigns built around institutional pride may work for older alumni but they land flat with younger ones. Generic outreach doesn't answer the question younger alumni are silently asking:

    "What does this have to do with me, and what will actually change because of my gift?"

    Impact storytelling is often delayed, buried in newsletters, or framed around the institution rather than the people it serves. That's the opposite of what works.

    What Actually Works: Alumni Giving Strategies for Younger Donors

    The good news is that the data doesn't just diagnose the problem. It points clearly toward what moves younger alumni.

    1. Lead with cause-based campaigns.
    Replace broad annual fund appeals with specific, values-driven opportunities like student emergency funds, mental health services, first-generation initiatives, and campus food pantries. These are the areas where younger alumni see themselves and their values reflected.

    Here's what the data shows about which funding areas resonate most by age group:

    The gap on mental health services, first-gen initiatives, and emergency funds is especially telling. These are causes younger alumni care about deeply, often from personal experience, and they are chronically underpromoted in most alumni giving campaigns.

    2. Tell real stories about real people.
    The shift toward GoFundMe-style giving is a signal, not a trend to dismiss. Younger alumni want to know who they are helping. Put a name, a face, and a specific situation at the center of your ask. The institution is the vehicle. The person is the story.

    💡Alumni Association of the School of Medicine of Loma Linda University saw success by tying campaigns to real outcomes and beneficiaries, helping donors understand not just what they’re giving to, but who they’re helping. [Learn more]

    3. Make online giving frictionless.
    Offer digital wallet options and mobile-first experiences that simplify online giving. Create time-bound, shareable campaigns like Giving Days that feel communal and immediate. Younger alumni are more likely to give in the moment than on a schedule, so meet them where they are.

    4. Acknowledge debt without making it awkward.
    Student loan debt is a real factor for younger alumni, particularly alumni of color and women. But here's what the survey found: 77% of those burdened by debt still give to other organizations. The barrier isn't financial capacity. It's relevance and trust. Acknowledge competing financial pressures in your messaging without pressure or apology, and focus the ask on collective impact rather than individual sacrifice.

    💡Is Your Higher Ed Website Meeting Gen Z’s Expectations? Audit your higher ed website with this self-assessment.

    Key Takeaways: Alumni Giving and the Younger Generation:

    • Younger alumni give at lower rates to higher education (13% vs. 32%), but they are generous overall
    • They prioritize causes that feel immediate, personal, and impact-driven
    • Annual fund models and broad institutional appeals don't resonate with this cohort
    • What works: cause-based campaigns, real human stories, frictionless digital giving, and honest messaging around financial pressures
    • Mental health services, first-gen initiatives, and emergency funds are the highest-opportunity areas for engaging younger donors

    The 2026 National Alumni Survey puts it plainly: younger alumni haven't disengaged from generosity. They're selective about where it goes, and they're directing it toward causes and organizations that earn their trust, show their impact, and respect their agency.

    Higher education hasn't lost their goodwill. It just hasn't earned their giving yet.

    The gap is closeable. But it closes through relevance, transparency, and real human connection.

    👉 Curious about what motivates alumni giving across institutions? Explore the full 2026 National Alumni Survey findings to see how your institution compares.

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    Sushmitha

    Sushmitha is a Brand Marketing Manager at Almabase, where she works closely with advancement teams on content, case studies, and virtual events. Having collaborated with teams across institutions, she enjoys uncovering stories that drive real impact. Outside of work, she’s usually exploring creative pursuits and occasionally slipping in a (questionable) joke or two.

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