The Philanthropic Family: How to Teach Your Children About Giving Back

Explore how to teach your children about giving back with practical tips for instilling philanthropy and empathy in the next generation.
Picture of Beau Bryant

Beau Bryant

At Resolute, we believe in helping clients understand the value they can provide by sharing their wealth to impact those closest to them and causes they are passionate about. (Our firm logo even reflects this conviction – check out The Giving Box story to learn more!) We also know that cultivating a sense of generosity and empathy in children is one of the most lasting legacies a family can leave. Teaching children about philanthropy not only fosters compassion but also helps them understand their roles in making a difference in the world. In this guide focused on how to teach your children about giving back, we explore strategies for fostering a spirit of philanthropy within the family, empowering the next generation to become mindful, compassionate contributors to society.

Why Teach Children About Philanthropy?

Instilling philanthropic values in children helps shape them into responsible, empathetic individuals. It encourages them to appreciate the importance of community, reinforces gratitude for what they have, and creates a foundation for lifelong giving. Studies have shown that children who engage in giving activities are more likely to develop prosocial behaviors, demonstrating empathy, kindness, and a sense of responsibility. Moreover, learning how to teach your children about giving back builds their self-confidence, showing them that they have the power to impact others’ lives.

Step 1: Lead by Example

Children often learn best by observing their parents’ behaviors. Showing them how to teach your children about giving back starts with incorporating philanthropy into your own routine. Whether through monetary donations, volunteering, or other acts of kindness, regularly participating in giving activities demonstrates your commitment to helping others.

Consider involving your children in some of these activities. Take them with you to a volunteer day at a local organization, or explain why you’re donating to a particular cause. If they see you engaged in meaningful acts of kindness, they’ll be more inclined to see giving back as a natural, fulfilling part of life.


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Step 2: Introduce the Concept of Gratitude

Gratitude is often the first step toward philanthropy. Helping children recognize and appreciate what they have is an essential foundation for understanding why giving back matters. Family discussions about gratitude can deepen this understanding, especially when framed in terms of helping those who may be less fortunate.

One effective exercise is to create a gratitude journal together, where each family member writes down something they’re thankful for each day. This habit can increase awareness of how others may benefit from generosity and naturally open up conversations on how to teach your children about giving back.

Step 3: Choose Causes Together

Involving children in the process of choosing causes to support can make philanthropy more personal and meaningful to them. Start by discussing various causes, explaining them in a way that resonates with their interests and experiences. For example, if they love animals, you could explore options like animal rescue organizations or local shelters. If they’re passionate about the environment, look into organizations dedicated to conservation and sustainability.

This collaborative approach teaches them that their voices and opinions matter, laying a strong foundation for lifelong involvement in philanthropy. Additionally, by involving them in decisions on giving, you’re showing how to teach your children about giving back in a way that aligns with their passions.

Step 4: Set Up a “Giving Fund”

Setting aside a specific amount for donations can make philanthropy a routine part of family life. A “Giving Fund” is a family pot that everyone contributes to over time, with each member having a say in where the funds go. This fund doesn’t have to be large—even small contributions can add up and create significant impact.

Encourage your children to add a portion of their allowance, birthday money, or other savings to the fund. This helps them understand the value of money and the impact their contributions can have, even at a young age. Setting up a Giving Fund is an effective, hands-on approach to how to teach your children about giving back.


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Step 5: Encourage Volunteer Activities

Volunteering as a family can be one of the most impactful ways to demonstrate the importance of giving back. Children can develop a deeper connection to a cause by experiencing it firsthand, whether through preparing meals at a food kitchen, helping clean up a local park, or visiting senior care facilities.

Look for opportunities that allow children to actively participate and see the immediate results of their efforts. For instance, they might help deliver donated items or sort supplies. The direct involvement helps them feel the impact of their actions, reinforcing the lesson on how to teach your children about giving back.

Step 6: Make Philanthropy a Family Tradition

Integrating philanthropy into family traditions makes giving back a lasting part of family culture. Consider dedicating certain holidays or events to giving, like donating food during Thanksgiving or volunteering around the holidays. Alternatively, you could create a new family tradition, such as an annual giving day where everyone shares ideas on which causes to support that year.

Making these activities a tradition builds excitement and continuity. Children come to anticipate these events, and as they grow, they’ll look back on these experiences as cherished family memories tied to meaningful contributions.

Step 7: Teach Financial Literacy Alongside Philanthropy

Understanding financial literacy goes hand in hand with learning how to teach your children about giving back. By helping them understand basic money concepts, like saving, spending, and donating, you can empower them to make informed, intentional decisions about giving as they grow.

Introduce the concept of “Save, Spend, Give” as part of their financial education. Have them divide any money they receive into three categories, allowing them to allocate a portion specifically for giving. This exercise not only strengthens their money management skills but also encourages a balanced approach to saving and spending with an eye toward helping others.

The Rewards of Family Philanthropy

Engaging in family philanthropy has benefits beyond teaching generosity. It fosters a sense of unity and shared purpose, strengthens family bonds, and provides meaningful opportunities to connect with the community. Children develop a positive self-image, learning that they can make a difference, while parents experience the joy of seeing their children grow into responsible, compassionate individuals.

Moreover, when families make giving a shared value, children are more likely to continue these practices as they become adults. They’ll remember the lessons learned and the moments shared, shaping a legacy of kindness and empathy that extends across generations.

Closing Thoughts on How to Teach Your Children About Giving Back

Learning how to teach your children about giving back is a rewarding journey that shapes them into thoughtful, socially conscious individuals. By starting with small steps—leading by example, fostering gratitude, and involving them in giving decisions—parents can nurture a lifelong love for philanthropy in their children. These early lessons in generosity, empathy, and social responsibility help create a future generation of compassionate leaders dedicated to making a difference.

In a world that often feels increasingly complex, the gift of giving back stands as a timeless and meaningful value. By teaching children how to engage in philanthropy meaningfully, parents are not only making an impact today but also sowing the seeds for a brighter tomorrow. If you’d like to discuss a meaningful charitable giving plan for your family, please reach out to us today.

The views expressed represent the opinion of Resolute Wealth Advisor, Inc. (RWA). The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Stated information is derived from proprietary and nonproprietary sources that have not been independently verified for accuracy or completeness. While RWA believes the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Statements of future expectations, estimates, projections, and other forward-looking statements are based on available information and the RWA’s view as of the time of these statements. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties. Actual results, performance or events may differ materially from those expressed or implied in such statements. Investing in equity securities involves risks, including the potential loss of principal. While equities may offer the potential for greater long-term growth than most debt securities, they generally have higher volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Past performance is not indicative of future results.

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