Cargando…
Boosting the impact of charitable giving with donation bundling and micromatching
The most effective charities are hundreds of times more impactful than typical charities. However, most donors favor charities with personal/emotional appeal over effectiveness. We gave donors the option to split their donations between their personal favorite charity and an expert-recommended highl...
Autores principales: | , |
---|---|
Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
American Association for the Advancement of Science
2023
|
Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9848424/ https://www.ncbi.nlm.nih.gov/pubmed/36652510 http://dx.doi.org/10.1126/sciadv.ade7987 |
_version_ | 1784871706674855936 |
---|---|
author | Caviola, Lucius Greene, Joshua D. |
author_facet | Caviola, Lucius Greene, Joshua D. |
author_sort | Caviola, Lucius |
collection | PubMed |
description | The most effective charities are hundreds of times more impactful than typical charities. However, most donors favor charities with personal/emotional appeal over effectiveness. We gave donors the option to split their donations between their personal favorite charity and an expert-recommended highly effective charity. This bundling technique increased donors’ impact without undermining their altruistic motivation, boosting effective donations by 76%. An additional boost of 55% was achieved by offering matching donations with increasing rates for allocating more to the highly effective charity. We show further that matching funds can be provided by donors focused on effectiveness through a self-sustaining process of micromatching. We applied these techniques in a new online donation platform (GivingMultiplier.org), which fundraised more than $1.5 million in its first 14 months. While prior applied research on altruism has focused on the quantity of giving, the present results demonstrate the value of focusing on the effectiveness of altruistic behavior. |
format | Online Article Text |
id | pubmed-9848424 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2023 |
publisher | American Association for the Advancement of Science |
record_format | MEDLINE/PubMed |
spelling | pubmed-98484242023-01-30 Boosting the impact of charitable giving with donation bundling and micromatching Caviola, Lucius Greene, Joshua D. Sci Adv Social and Interdisciplinary Sciences The most effective charities are hundreds of times more impactful than typical charities. However, most donors favor charities with personal/emotional appeal over effectiveness. We gave donors the option to split their donations between their personal favorite charity and an expert-recommended highly effective charity. This bundling technique increased donors’ impact without undermining their altruistic motivation, boosting effective donations by 76%. An additional boost of 55% was achieved by offering matching donations with increasing rates for allocating more to the highly effective charity. We show further that matching funds can be provided by donors focused on effectiveness through a self-sustaining process of micromatching. We applied these techniques in a new online donation platform (GivingMultiplier.org), which fundraised more than $1.5 million in its first 14 months. While prior applied research on altruism has focused on the quantity of giving, the present results demonstrate the value of focusing on the effectiveness of altruistic behavior. American Association for the Advancement of Science 2023-01-18 /pmc/articles/PMC9848424/ /pubmed/36652510 http://dx.doi.org/10.1126/sciadv.ade7987 Text en Copyright © 2023 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science. No claim to original U.S. Government Works. Distributed under a Creative Commons Attribution NonCommercial License 4.0 (CC BY-NC). https://creativecommons.org/licenses/by-nc/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution-NonCommercial license (https://creativecommons.org/licenses/by-nc/4.0/) , which permits use, distribution, and reproduction in any medium, so long as the resultant use is not for commercial advantage and provided the original work is properly cited. |
spellingShingle | Social and Interdisciplinary Sciences Caviola, Lucius Greene, Joshua D. Boosting the impact of charitable giving with donation bundling and micromatching |
title | Boosting the impact of charitable giving with donation bundling and micromatching |
title_full | Boosting the impact of charitable giving with donation bundling and micromatching |
title_fullStr | Boosting the impact of charitable giving with donation bundling and micromatching |
title_full_unstemmed | Boosting the impact of charitable giving with donation bundling and micromatching |
title_short | Boosting the impact of charitable giving with donation bundling and micromatching |
title_sort | boosting the impact of charitable giving with donation bundling and micromatching |
topic | Social and Interdisciplinary Sciences |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9848424/ https://www.ncbi.nlm.nih.gov/pubmed/36652510 http://dx.doi.org/10.1126/sciadv.ade7987 |
work_keys_str_mv | AT caviolalucius boostingtheimpactofcharitablegivingwithdonationbundlingandmicromatching AT greenejoshuad boostingtheimpactofcharitablegivingwithdonationbundlingandmicromatching |