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...

Descripción completa

Detalles Bibliográficos
Autores principales: Caviola, Lucius, Greene, Joshua D.
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