A report in the Financial Times carries the headline “Millennial philanthropy may forever change finance”. But will it? And is it a cause, or an effect, of the “entirely new” investor mindset that the article proclaims? It’s based on a Fidelity Charitable report on philanthropy which uses findings of a survey of 3,055 charitable individuals in March 2020, plus a second poll of nearly 1,000 individuals in January 2021. It found that 74% of millennials versus 48% of the preceding Generation X and just 35% of baby boomers define themselves as philanthropists and live up to that self-d...