This capstone paper examines the relationship between different generations--millennials (generation Y), generation X, baby boomers, and the silent generation (matures, traditionalists)--and their preferences and inclinations for philanthropy in relation to new emerging forms of philanthropy. These emerging vehicles include giving or donor circles, crowdfunding, donor advised funds, capacity building, venture philanthropy, impact investing, volunteer engagement, and corporate or workplace philanthropy. While not exhaustive of all emerging philanthropic vehicles, the author reviews the literature of generational studies where those studies address philanthropic preferences for giving, communication, and volunteering. He then reviews several emerging philanthropic vehicles, together with the role of foundations, and examines twenty public charities that utilize one or more of these mechanisms in pursuing venture philanthropy as an intermediary entity between donors and nonprofit organizations. Thereafter, he applies this information to construct a new model for environmental philanthropy, outlining an intermediary public charity that would tailor its philanthropic approaches to each generational segment in an attempt to maximize giving, retention, volunteering, and commitment for the benefit of local environmental organizations working on climate and energy issues.