Peer Effects on Charitable Giving: How Can Social Ties Increase Charitable Giving Through Cognitive Dissonance?

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Peer Effects on Charitable Giving: How Can Social Ties Increase Charitable Giving Through Cognitive Dissonance?"

Transcription

1 Russell Ackoff Doctoral Student Fellowship for Research on Human Decision Processes and Risk Management 2015 Application Peer Effects on Charitable Giving: How Can Social Ties Increase Charitable Giving Through Cognitive Dissonance? Zheng Jai Jennie Huang First Year Doctoral Student Wharton Business Economics and Public Policy Department Faculty Advisor Katherine Milkman, OPIM Department Requested Support: $

2 Background Standard economic theory describes people as rational individuals who are purely selfish and only care about their own wealth and utility (Samuelson, 1954). Contrary to theory, charity organizations constitute a multi-billion dollar industry (Urban Institute, 2013). Moreover, findings in economic lab and field experiments suggest that there are other regarding preferences that affect an individual s contributions to public goods (Andreoni, 1988, 1989, 1990; Andreoni and Petrie, 2004; Levine, 1998; Rege and Telle, 2004). Nevertheless, the effects of social ties and peer effects on public goods contributions remain poorly understood. There are several different definitions of social ties. However, it is agreed upon that social ties are closely correlated to trust and reciprocity. In economics, social distance is the degree of reciprocity that subjects believe exists within a social interaction (Hoffman et al., 1994, 1996). In sociological literature, social ties are information-carrying connections between people where the strength of a tie is a (probably linear) combination of the amount of time, emotional intensity, the intimacy (mutual confiding), and the reciprocal services which characterize the tie (Granovetter, 1973). Under these definitions of social ties, strong ties are the people you trust while weak ties represent acquaintances. Furthermore, prior research by Berg et al. (1995) shows that trust and reciprocity can affect the amount of money sent in an investment setting. Although Nash equilibrium predicts that zero money should be sent, results showed that 30 of 32 subjects sent money or invested. This implies that social ties and trust can increase people s tendency to invest. With the present advancement of technology, social media has not only expanded an individual s social network but also the spread of information. Charities and nonprofit organizations have already started using individual s social ties and social media to expand their network. Many will enter donors into a raffle if they refer friends and their referrals donate to the charity. Others will use Facebook or Twitter to advertise their own personal charities or nonprofits to increase exposure. An example of individuals utilizing social ties and social media to increase donations includes individual teams trying to raise funds for bigger charities such as Breast Cancer Awareness. Every year, the Avon Foundation for Breast Cancer will host a marathon where individual teams will try to raise funds for the foundation. Said teams participating have the option to their friends or post on Facebook and ask for donations with a few simple clicks. How does sending an asking for donations to someone you personally know change your tendency to donate? Understanding how social ties affect contributions will enable charities and policy makers to use these findings and apply them in their respective industries to increase contributions to public goods and reduce free-riders. Knowing how social ties can influence people s economic 1

3 decisions can have a tremendous impact not only on donations to charities but also in the adoption of policies such as environmental awareness. In our current research we seek to understand the effects of the strength of social ties on charitable giving. Prior research has already shown that social ties between group members have a positive effect on investment. We posit that making charitable requests of those with whom one has social ties of varying strengths may elicit different degrees of internal commitment (by eliciting cognitive dissonance to a greater or lesser degree). For instance, asking strong ties for support may increase internal commitment less than asking weak ties for support, for instance. Experimental Design Dr. Judd Kessler, Dr. Katherine Milkman, and I aim to explore the relation between social ties and cognitive dissonance and its effects on charitable donations by conducting a series of lab experiments where we vary the degree of social ties as well as the observability of the donation amounts. We will begin the experiment by randomly assigning subjects to one of nine treatment groups. An initial screen will convey to the subjects that they will be asked to compose an to a friend, acquaintance or random stranger asking them to donate to a pre-selected charity. The subjects will then elect to opt-in or opt-out of the experiment. If the subjects select to opt-in, they will be prompted to a window where they will compose a personalized . Afterwards, the subjects will be told that their will not be sent, will be sent, or will be sent and we will also reveal to the amount they donate to the receiver of the . Finally we will ask if they wish to donate to the charity organization. These nine treatments will test the relationship between social ties and charitable giving. Once the lab experiment has confirmed our hypothesis, further research on this matter would include expanding this study to the field. Field experiments provide additional insights in real world scenarios that may not be observed in more simplified lab experiments. For these studies we will use Qualtrics and lab subjects at a cost of $1.50 per subject, for 9 studies, which would amount to approximately $3,375 in support for subject payment. It is my hope that the Ackoff Fellowship will allow me to pursue these lab studies and attend the Science of Philanthropy Initiative Third Annual Conference in Chicago. 1 I thank you for your consideration of this proposal. Please feel free to contact me if you have any questions. 1 The Science of Philanthropy Initiative (SPI) is a research project, funded by the John Templeton Foundation, seeking to further understand the social preferences that shape philanthropic giving. The Conference presents current research on charity economics. See <http://www.spihub.org>. 2

4 Requested Support Table 1: Budget of Anticipated Expenses Item Cost per Unit Number Total Subject Payment $ $3, SPI 2015 Conference Registration $ $0.00 Travel Expenses $ $ Hotel $ $ Total $

5 References Andreoni, James (1988), Why free ride? strategies and learning in public goods experiments. Journal of Public Economics, 37, Andreoni, James (1989), Giving with impure altruism: Applications to charity and ricardian equivalence. The Journal of Political Economy, 97, Andreoni, James (1990), Impure altruism and donations to public goods: A theory of warmglow giving? Economic Journal, 100, Andreoni, James and Ragan Petrie (2004), Public goods experiments without confidentiality: A glimpse into fund-raising. Journal of Public Economics, 88, Berg, Joyce, John Dickhaut, and Kevin McCabe (1995), Trust, reciprocity, and social history. Games and Economic Behavior, 10, Granovetter, M.S. (1973), The Strength of Weak Ties. The American Journal of Sociology, 78, Hoffman, Elizabeth, McCabe Kevin, Shachat Keith, and Vernon Smith (1994), Preferences, property rights, and anonymity in bargaining games. Games and Economic Behavior, 7, Hoffman, Elizabeth, Kevin McCabe, and Vernon L Smith (1996), Social distance and otherregarding behavior in dictator games. American Economic Review, 86, Levine, David K. (1998), Modeling altruism and spitefulness in experiment. Review of Economic Dynamics, 1, Rege, Mari and Kjetil Telle (2004), The impact of social approval and framing on cooperation in public good situations. Journal of Public Economics, 88, Samuelson, Paul A. (1954), The pure theory of public expenditure. The Review of Economics and Statistics, 36. Urban Institute, National Center for Charitable Statistics (2013), Quick facts about nonprofits. URL 4

Charity as a Signal of Trustworthiness

Charity as a Signal of Trustworthiness DISCUSSION PAPER SERIES IZA DP No. 5299 Charity as a Signal of Trustworthiness Sebastian Fehrler November 2010 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Charity as a Signal

More information

Science of Philanthropy Initiative University of Chicago University of Wisconsin-Madison Georgia State University. Initiative Director: John List

Science of Philanthropy Initiative University of Chicago University of Wisconsin-Madison Georgia State University. Initiative Director: John List Science of Philanthropy Initiative University of Chicago University of Wisconsin-Madison Georgia State University Initiative Director: John List EXTERNAL GRANTS PROGRAM RFP Request for Applications: The

More information

Voluntary Provision of a Public Good

Voluntary Provision of a Public Good Classroom Games Voluntary Provision of a Public Good Charles A. Holt and Susan K. Laury * Abstract: This paper describes a simple public goods game, implemented with playing cards in a classroom setup.

More information

Education & Research The Institute is an educational and research organization which is focused on increasing the quality of mental health education

Education & Research The Institute is an educational and research organization which is focused on increasing the quality of mental health education 2015 Education & Research The Institute is an educational and research organization which is focused on increasing the quality of mental health education and treatment in Colorado The Institute is a community

More information

Charitable Giving Prepared for the New Palgrave Dictionary of Economics, 2nd Edition, 2007

Charitable Giving Prepared for the New Palgrave Dictionary of Economics, 2nd Edition, 2007 Charitable Giving Prepared for the New Palgrave Dictionary of Economics, 2nd Edition, 2007 James Andreoni University of California, San Diego Introduction In 2005 charitable giving in the United States

More information

Abstract. The finding of this thesis should contribute to the charity organizations to modify the fundraising strategy to promote the donors to give.

Abstract. The finding of this thesis should contribute to the charity organizations to modify the fundraising strategy to promote the donors to give. Charity donor attitudes and preference - An analysis of a questionnaire survey in Norway Alima UMB School of Economics and Business Master Thesis 30 credits 2013 Abstract Since private donations take a

More information

Inspired! Your Guide to Personal. and Family Philanthropy. Created by The Winnipeg Foundation

Inspired! Your Guide to Personal. and Family Philanthropy. Created by The Winnipeg Foundation Your Guide to Personal and Family Philanthropy Inspired Inspired! Created by The Winnipeg Foundation All of us, if we are reasonably comfortable, healthy and safe, owe immense debts to the past. There

More information

THE U.S. TRUST STUDY OF THE PHILANTHROPIC CONVERSATION:

THE U.S. TRUST STUDY OF THE PHILANTHROPIC CONVERSATION: THE U.S. TRUST STUDY OF THE PHILANTHROPIC CONVERSATION: Understanding advisor approaches and client expectations OCTOBER 2013 Conducted in partnership with The Philanthropic Initiative (TPI) Overview The

More information

ANNUAL REPORT IN SAN DIEGO JUNE 2015. Caster Family Center for Nonprofit and Philanthropic Research

ANNUAL REPORT IN SAN DIEGO JUNE 2015. Caster Family Center for Nonprofit and Philanthropic Research ANNUAL REPORT IN SAN DIEGO JUNE 2015 Caster Family Center for Nonprofit and Philanthropic Research 2 STATE OF NONPROFITS & PHILANTHROPY 2015 ANNUAL REPORT San Diego Nonprofits: What is the Economic Impact?

More information

SCOTIABANK CHARITY CHALLENGE 2016 PROGRAM INFORMATION

SCOTIABANK CHARITY CHALLENGE 2016 PROGRAM INFORMATION SCOTIABANK CHARITY CHALLENGE 2016 PROGRAM INFORMATION Contact: Sue Tregunno, Scotiabank Charity Challenge Coordinator charitychallenge@bluenosemarathon.com (902) 456-2177 Every Step Helps Build Our Community

More information

Fueling Philanthropy with Complex Assets

Fueling Philanthropy with Complex Assets Fueling Philanthropy with Complex Assets Nathan Daley, J.D. Director, Complex Assets Group Allison Westmoreland Charitable Planning Consultant The Charitable Landscape Total charitable giving increased

More information

Internet Video Campaigns for NonProfits:

Internet Video Campaigns for NonProfits: Internet Video Campaigns for NonProfits: How to Use the Power of Video and the Reach of the Internet to Grow Your Donor Base and Engage Your Community by Catie Foertsch Yes! MediaWorks In this new world

More information

Excusing Selfishness in Charitable Giving: The Role of Risk

Excusing Selfishness in Charitable Giving: The Role of Risk Excusing Selfishness in Charitable Giving: The Role of Risk Christine L. Exley September 7, 2015 Abstract Decisions involving charitable giving often occur under the shadow of risk. A common finding is

More information

How to Plan a Charity Walk or Run

How to Plan a Charity Walk or Run How to Plan a Charity Walk or Run Charity events in any form are always popular, but increasingly, many organizations are choosing to recruit their fundraisers through more interactive events such as walks

More information

How is donation behaviour affected by the donations of others?

How is donation behaviour affected by the donations of others? Journal of Economic Behavior & Organization 67 (2008) 228 238 How is donation behaviour affected by the donations of others? Richard Martin a,, John Randal b a Department of Economics, University of Regina,

More information

The vast majority of Americans make charitable

The vast majority of Americans make charitable 24 Why Do People Give? LISE VESTERLUND The vast majority of Americans make charitable contributions. In 2000, 90 percent of U.S. households donated on average $1,623 to nonprofit organizations. 1 Why do

More information

Your Guide to Support Home Base

Your Guide to Support Home Base Walk H Golf H Bike H Party H Yoga H Concert H Bake Your Guide to Support Home Base Join the Home Team Your Guide to Support Home Base Dear Home Base Program Friend: Thank you for your interest in joining

More information

SHARE THE LOVE. CHARITY HANDBOOK. October 20 26, 2014 SEA ISLAND GOLF CLUB ST. SIMONS ISLAND, GA

SHARE THE LOVE. CHARITY HANDBOOK. October 20 26, 2014 SEA ISLAND GOLF CLUB ST. SIMONS ISLAND, GA SHARE THE LOVE. CHARITY HANDBOOK October 20 26, 2014 SEA ISLAND GOLF CLUB ST. SIMONS ISLAND, GA WHAT IS BIRDIES FOR LOVE? Established in 2012 by the Davis Love Foundation, Birdies Fore Love is a program

More information

FINANCIAL ADVISOR PROGRAM RESOURCES AND TOOLKIT

FINANCIAL ADVISOR PROGRAM RESOURCES AND TOOLKIT FINANCIAL ADVISOR PROGRAM RESOURCES AND TOOLKIT Inside These Pages: Why work with Placer Community Foundation How a Donor Advised Fund Works Opportunities for Complex Assets and Conversion Schedule of

More information

GIVING WITH THE SEATTLE FOUNDATION

GIVING WITH THE SEATTLE FOUNDATION To submit this form electronically, click the submit button. You will need to come into The Seattle Foundation office to sign the form. Alternately, you can print out the form by clicking the print Giving

More information

THE PHILANTHROPIC CONVERSATION:

THE PHILANTHROPIC CONVERSATION: THE PHILANTHROPIC CONVERSATION: EXECUTIVE REPORT Understanding Financial Advisors Approaches and High Net Worth Individuals PerspecCves OCTOBER 2014 PARTNERS The following partners collaborated on this

More information

PHILANTHROPIC ADVICE SURVEY

PHILANTHROPIC ADVICE SURVEY PHILANTHROPIC ADVICE SURVEY Foundation Source, the nation s largest provider of comprehensive services for private foundations, surveyed a subset of its 1,200 private foundation clients about how they

More information

Neuroeconomics of Charitable Giving and Philanthropy

Neuroeconomics of Charitable Giving and Philanthropy C H A P T E R 20 Neuroeconomics of Charitable Giving and Philanthropy Ulrich Mayr, William T. Harbaugh, and Dharol Tankersley O U T L I N E Introduction 303 Some Economics of Public Goods and Charitable

More information

GENDER BASED PRESCRIPTIONS Evidence for altruism

GENDER BASED PRESCRIPTIONS Evidence for altruism 0507 Documentos de Trabajo GENDER BASED PRESCRIPTIONS Evidence for altruism FERNANDO AGUIAR (IESA-CSIC, Córdoba) PABLO BRAÑAS-GARZA RAMÓN COBO-REYES (Universidad de Granada) NATALIA JIMÉNEZ (Universidad

More information

The 2014 U.S. Trust Study of High Net Worth Philanthropy Conducted in partnership with the Indiana University Lilly Family School of Philanthropy

The 2014 U.S. Trust Study of High Net Worth Philanthropy Conducted in partnership with the Indiana University Lilly Family School of Philanthropy KEY FINDINGS The 2014 U.S. Trust Study of High Net Worth Philanthropy Conducted in partnership with the Indiana University Lilly Family School of Philanthropy The 2014 U.S. Trust Study of High Net Worth

More information

Charity, Publicity and the Donation Registry

Charity, Publicity and the Donation Registry Berkeley Law From the SelectedWorks of Robert Cooter June, 2005 Charity, Publicity and the Donation Registry Robert D. Cooter Brian J. Broughman Available at: http://works.bepress.com/robert_cooter/102/

More information

WORKING PAPER SERIES DEPARTMENT OF ECONOMICS

WORKING PAPER SERIES DEPARTMENT OF ECONOMICS WORKING PAPER SERIES by DEPARTMENT OF ECONOMICS McMASTER UNIVERSITY Hamilton, Ontario, Canada L8S 4M4 CROWDING OUT VOLUNTARY CONTRIBUTIONS TO PUBLIC GOODS * Kenneth S. Chan, McMaster University Rob Godby,

More information

SCHOOL & YOUTH ORGANIZATIONS Sweater Parties & Other Sweater Fundraising Events

SCHOOL & YOUTH ORGANIZATIONS Sweater Parties & Other Sweater Fundraising Events GUIDE TO ONLINE FUNDRAISING FOR MAKE THE WORLD BETTER WITH A SWEATER SCHOOL & YOUTH ORGANIZATIONS Sweater Parties & Other Sweater Fundraising Events Thank you for your interest in registering to create

More information

Position Title: Business Development Manager (BDM) Department: Business Development. Reports to: Vice President, Business Development

Position Title: Business Development Manager (BDM) Department: Business Development. Reports to: Vice President, Business Development Position Title: Business Development Manager (BDM) Department: Business Development Reports to: Vice President, Business Development Overall Responsibilities The Business Development Manager is responsible

More information

Fundraising in a nutshell for nonprofit CEOs & development staff:

Fundraising in a nutshell for nonprofit CEOs & development staff: Fundraising in a nutshell for nonprofit CEOs & development staff: Leveraging charitable giving in the current environment Meg Greene, Esq. Kenleigh Nicoletta, Esq. Amelia Kurtz, Senior Fiduciary Officer

More information

Gift Exchange in the Field

Gift Exchange in the Field Gift Exchange in the Field Armin Falk * University of Bonn, IZA, CEPR, CESifo This version: May 2005 Abstract. This study reports evidence from a field experiment that was conducted to investigate the

More information

Columbus Metropolitan Library Foundation Gift Acceptance Policy. Introduction

Columbus Metropolitan Library Foundation Gift Acceptance Policy. Introduction Columbus Metropolitan Library Foundation Gift Acceptance Policy Introduction Columbus Metropolitan Library Foundation (the Foundation ) is an organization recognized as exempt from federal income taxation

More information

What do donations buy? A model of philanthropy based on prestige and warm glow

What do donations buy? A model of philanthropy based on prestige and warm glow Journal of Public Economics 67 (1998) 269 284 What do donations buy? A model of philanthropy based on prestige and warm glow William T. Harbaugh* Department of Economics, University of Oregon, Eugene,

More information

DEPARTMENT OF THE ATTORNEY GENERAL TAX & CHARITIES DIVISION ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT HAWAII'S CHARITY REGISTRATION REQUIREMENTS

DEPARTMENT OF THE ATTORNEY GENERAL TAX & CHARITIES DIVISION ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT HAWAII'S CHARITY REGISTRATION REQUIREMENTS DEPARTMENT OF THE ATTORNEY GENERAL TAX & CHARITIES DIVISION ANSWERS TO FREQUENTLY ASKED QUESTIONS ABOUT HAWAII'S CHARITY REGISTRATION REQUIREMENTS These FAQ s cover the following subjects and questions:

More information

SAMPLE GIFT ACCEPTANCE POLICIES

SAMPLE GIFT ACCEPTANCE POLICIES SAMPLE GIFT ACCEPTANCE POLICIES ABC Charity, a nonprofit organization headquartered in City, State, encourages the solicitation and acceptance of gifts to ABC Charity (hereinafter referred to as ABC) for

More information

Making Planned Giving Work For You Planned giving strategy tips for every organization Lawrence Henze, J.D., Managing Director, Blackbaud Analytics

Making Planned Giving Work For You Planned giving strategy tips for every organization Lawrence Henze, J.D., Managing Director, Blackbaud Analytics White Paper Making Planned Giving Work for You Executive Summary Developing a successful planned giving program can be a complex undertaking. But it is one that is well worth the trouble. Extensive research

More information

Join us at River Place Country Club as we eat, drink, and chip in for 18 local Austin charities.

Join us at River Place Country Club as we eat, drink, and chip in for 18 local Austin charities. PROVIDE A TEAM, HELP YOUR CAUSE. AW Media, Inc. is very excited to announce our 3 rd annual ATXMAN Golf Classic, 18 Holes for 18 Charities on March 27, 2015 at River Place Country Club (4207 River Pl Blvd,

More information

Table 1: Field Experiment Dependent Variable Probability of Donation (0 to 100)

Table 1: Field Experiment Dependent Variable Probability of Donation (0 to 100) Appendix Table 1: Field Experiment Dependent Variable Probability of Donation (0 to 100) In Text Logit Warm1 Warm2 Warm3 Warm5 Warm4 1 2 3 4 5 6 Match (M) 0.731 0.446 0.965 1.117 0.822 0.591 (0.829) (0.486)

More information

Do Dictator Games Measure Altruism?

Do Dictator Games Measure Altruism? CBESS Discussion Paper 11-15 Do Dictator Games Measure Altruism? by Daniel John Zizzo* * School of Economics and Centre for Behavioural and Experimental Social Science, University of East Anglia Abstract

More information

The Science of Philanthropy in Crowdfunding. René Bekkers Philanthropic Studies VU University Amsterdam

The Science of Philanthropy in Crowdfunding. René Bekkers Philanthropic Studies VU University Amsterdam The Science of Philanthropy in Crowdfunding René Bekkers Philanthropic Studies VU University Amsterdam Philanthropic Studies 60 140 50 120 100 40 80 30 60 x 10.000 20 40 10 20 0 0 1965 1967 1969 1971 1973

More information

Trust, Reciprocity and the Strength of Social Ties: An Online Social Network based Field Experiment (VERY PRELIMINARY AND INCOMPLETE DRAFT)

Trust, Reciprocity and the Strength of Social Ties: An Online Social Network based Field Experiment (VERY PRELIMINARY AND INCOMPLETE DRAFT) Trust, Reciprocity and the Strength of Social Ties: An Online Social Network based Field Experiment Ravi Bapna 1, Alok Gupta 1, Sarah Rice 2, Arun Sundararajan 3 (VERY PRELIMINARY AND INCOMPLETE DRAFT)

More information

Important Information about Family Credits in Scrip Programs

Important Information about Family Credits in Scrip Programs Important Information about Family Credits in Scrip Programs It has been brought to our attention over the past few months that there are some rumors going around concerning tax-exempt nonprofit organizations

More information

Shallow Review of Direct Mail Fundraising

Shallow Review of Direct Mail Fundraising Shallow Review of Direct Mail Fundraising Direct mail fundraising is sending mail with the aim of raising money. There are two types of direct mail fundraising: donor renewal mail and donor acquisition

More information

The Fundraising Methods That Worked Best in 2010 and Could Work Best in 2011 Prepared by GuideStar USA, Inc.

The Fundraising Methods That Worked Best in 2010 and Could Work Best in 2011 Prepared by GuideStar USA, Inc. The Fundraising Methods That Worked Best in 2010 and Could Work Best in 2011 Prepared by GuideStar USA, Inc. www.guidestar.org Introduction Fundraising is the backbone of the nonprofit sector. Although

More information

REPORT OF FINDINGS OF A SURVEY OF MINNESOTANS CHARITABLE GIVING HABITS AND PERCEPTIONS OF CHARITABLE ORGANIZATIONS

REPORT OF FINDINGS OF A SURVEY OF MINNESOTANS CHARITABLE GIVING HABITS AND PERCEPTIONS OF CHARITABLE ORGANIZATIONS REPORT OF FINDINGS OF A SURVEY OF MINNESOTANS CHARITABLE GIVING HABITS AND PERCEPTIONS OF CHARITABLE ORGANIZATIONS BACKGROUND Charitable organizations depend on the financial support of donors to pursue

More information

Charting Civil Society

Charting Civil Society Charting Civil Society A series by the Center on Nonprofits and Philanthropy THE URBAN INSTITUTE No.11, November 2001 Executive Compensation in the Nonprofit Sector: New Findings and Policy Implications

More information

How to run a successful crowdfunding campaign

How to run a successful crowdfunding campaign How to run a successful crowdfunding campaign What is crowdfunding? Crowdfunding involves funding a project by raising money from a community of people. In many instances, an online crowdfunding platform

More information

Award Type Awards of Excellence Association. Award Category Innovative Marketing Campaign. Total annual association budget Over $750,000

Award Type Awards of Excellence Association. Award Category Innovative Marketing Campaign. Total annual association budget Over $750,000 Award Type Awards of Excellence Association Award Category Innovative Marketing Campaign Total annual association budget Over $750,000 Name: 2014 National Conference on Philanthropic Planning Describe

More information

Trustworthiness and competitive altruism can also solve the tragedy of the commons $

Trustworthiness and competitive altruism can also solve the tragedy of the commons $ Evolution and Human Behavior 25 (2004) 209 220 Trustworthiness and competitive altruism can also solve the tragedy of the commons $ Pat Barclay* Department of Psychology, McMaster University, 1280 Main

More information

The social network is the m(a)ssage: virtual social capital and realworld business opportunities

The social network is the m(a)ssage: virtual social capital and realworld business opportunities The social network is the m(a)ssage: virtual social capital and realworld business opportunities MILAN BAJIĆ, JOSIP KOLAREC, PETAR JANDRIĆ Department of Informatics and Computing Polytechnic of Zagreb

More information

ebay for Charity 101: Charity Fundraising on ebay

ebay for Charity 101: Charity Fundraising on ebay ebay for Charity 101: Charity Fundraising on ebay THE POWER OF EBAY $83 billion GMV in 2014 800 million listings globally 157 million active buyers in 190+ countries 25 million active sellers 7.7M Facebook

More information

Executive Program for Social Impact Strategy

Executive Program for Social Impact Strategy Executive Program for Social Impact Strategy INFORMATION PACKET May Cohort 2015 PA 19104-6214 The Executive Program in Social Impact Strategy is a new program offered by the Center of Social Impact Strategy

More information

Using Life Insurance in Charitable Planning

Using Life Insurance in Charitable Planning Using Life Insurance in Charitable Planning Russell James, J.D., Ph.D., CFP, Director of Graduate Studies in Charitable Planning, Texas Tech University 1.Wealth replacement Common Uses 2.Gifting existing

More information

Family Governance and Wealth Planning

Family Governance and Wealth Planning Many financially successful, high net worth individuals engage an advisor to help answer important questions around protecting and transferring their wealth to their children and future generations. They

More information

IN CALIFORNIA THROUGH YOUR ESTATE PLAN

IN CALIFORNIA THROUGH YOUR ESTATE PLAN CHARITABLE GIFTING IN CALIFORNIA THROUGH YOUR ESTATE PLAN If charitable giving is important to you then you should include a gifting strategy in your estate plan that will allow you to maximize your donations

More information

Starting the Philanthropic Conversation with Your Clients. A Theoretical and Practical Approach Based on Case Studies

Starting the Philanthropic Conversation with Your Clients. A Theoretical and Practical Approach Based on Case Studies Starting the Philanthropic Conversation with Your Clients A Theoretical and Practical Approach Based on Case Studies What Do the Numbers Say? The Impact of Advisor- Initiated Client Conversations about

More information

Partnering for Fundraising Success:

Partnering for Fundraising Success: Partnering for Fundraising Success: Building the Belief and Confidence Required for Transformational Gifts Ronald J. Schiller Founding Partner, Aspen Leadership Group September 2013 Partnerships Partnering

More information

Squadron Fundraising Guide Basic information to help squadrons with a fund development program

Squadron Fundraising Guide Basic information to help squadrons with a fund development program 1 Squadron Fundraising Guide Basic information to help squadrons with a fund development program Prepared by: Unknown Updated by: Marie Vogt Chief of Development CAP National Headquarters, March 2009 2

More information

Feel the Warmth Glow: A Field Experiment on Manipulating the Act of Giving

Feel the Warmth Glow: A Field Experiment on Manipulating the Act of Giving EVIDENCE-BASED RESEARCH ON CHARITABLE GIVING SPI Funded Feel the Warmth Glow: A Field Experiment on Manipulating the Act of Giving Amanda Chuan and Anya Samek University of Pennsylvania University of Wisconsin-

More information

2012 Relay For Life Community Event Email Templates

2012 Relay For Life Community Event Email Templates 2012 Relay For Life Community Event Email Templates 01 Recruitment Email: Send as soon as site is live to all past team captains. Subject: Time to team up for Relay For Life! We wanted you to be the first

More information

6 Simple Steps to Results-Driven Marketing Campaigns. A Guide to Effective and Affordable Marketing for Nonprofit Organizations

6 Simple Steps to Results-Driven Marketing Campaigns. A Guide to Effective and Affordable Marketing for Nonprofit Organizations 6 Simple Steps to Results-Driven Marketing Campaigns A Guide to Effective and Affordable Marketing for Nonprofit Organizations 6 Simple Steps to Results-Driven Marketing Campaigns As a nonprofit professional,

More information

Introduction and Methodology Privacy Policy 2012

Introduction and Methodology Privacy Policy 2012 Introduction and Methodology Privacy Policy 2012 PO Box 374 Phone and Fax: 248.644.9014 info@clfoundation.org www.clfoundation.org 1 Scope This statement applies to the (CLF) website. Information Use CLF

More information

The Influence of Mosque Attendance on the Probability of Giving and Volunteering. Shariq A. Siddiqui

The Influence of Mosque Attendance on the Probability of Giving and Volunteering. Shariq A. Siddiqui The Influence of Mosque Attendance on the Probability of Giving and Volunteering By Shariq A. Siddiqui Introduction A tremendous amount of research has focused on the giving and volunteering patterns of

More information

Fundraising for Small and Medium Sized Charities: The views of East Kent charities. November 2014. Dr Eddy Hogg

Fundraising for Small and Medium Sized Charities: The views of East Kent charities. November 2014. Dr Eddy Hogg Fundraising for Small and Medium Sized Charities: The views of East Kent charities November 2014 Dr Eddy Hogg Introduction While public awareness of charities is dominated by big brands such as Cancer

More information

Event registration & fundraising. Your charity s guide to event registration and fundraising

Event registration & fundraising. Your charity s guide to event registration and fundraising Your charity s guide to event registration and fundraising How to raise more money, increase participation and manage your event. What is event? ACTIVE Network and JustGiving have partnered to provide

More information

Ten steps to error free receipting

Ten steps to error free receipting Ten steps to error free receipting 1 Importance of receipting A significant benefit of being a registered charity is the ability to issue official donation receipts to donors supporting your charity Your

More information

Entrepreneurs & Philanthropy: Investing in the Future. Executive Summary

Entrepreneurs & Philanthropy: Investing in the Future. Executive Summary Entrepreneurs & Philanthropy: Investing in the Future Introduction & Study Methodology Executive Summary Entrepreneurs & Philanthropy: Investing in the Future was designed to explore the personal and corporate

More information

Hobart and William Smith Colleges. Colleges of the Seneca Form C. Application to Conduct Course-based Student Research with Human Subjects

Hobart and William Smith Colleges. Colleges of the Seneca Form C. Application to Conduct Course-based Student Research with Human Subjects Colleges of the Seneca Form C Directions for Faculty: Please fill out one application for each course-based research assignment. Note that one application is good for all students engaged in the assignment

More information

Private foundations Establishing a vehicle for your charitable vision

Private foundations Establishing a vehicle for your charitable vision Private foundations Establishing a vehicle for your charitable vision I didn t know where to start. The advice I received on creating a private foundation pointed me in the right direction, and now I m

More information

A Nudge to improve Retirement Planning through Social Security

A Nudge to improve Retirement Planning through Social Security A Nudge to improve Retirement Planning through Social Security A Proposal for the Society 2030 Competition David M. K. Knapp Introduction In cognitive studies, it has been shown that individuals have a

More information

Energy Taxation and Renewable Energy: Testing for Incentives, Framing Effects and Perceptions of Justice in Experimental Settings

Energy Taxation and Renewable Energy: Testing for Incentives, Framing Effects and Perceptions of Justice in Experimental Settings PD Dr. Roland Menge International Institute for Manageme Energy Taxation and Renewable Energy: Testing for Incentives, Framing Effects and Perceptions of Justice in Experimental Settings Roland Menges

More information

Social Media: A Promising, Untapped Tool for Engaging High Dollar Non-profit Donors

Social Media: A Promising, Untapped Tool for Engaging High Dollar Non-profit Donors Social Media: A Promising, Untapped Tool for Engaging High Dollar Non-profit Donors By SNCR Fellow Geoff Livingston The following is the executive summary of the Community Philanthropy 2.0 research report

More information

Comparing User Engagement across Seven Interactive and Social-Media Ad Types.

Comparing User Engagement across Seven Interactive and Social-Media Ad Types. Comparing User Engagement across Seven Interactive and Social-Media Ad Types. A Collaborative Study by ` Executive Summary. Increases in social networking and interactive advertising technology have led

More information

Investing with Impact. Creating Financial, Social and Environmental Value

Investing with Impact. Creating Financial, Social and Environmental Value Investing with Impact Creating Financial, Social and Environmental Value A Increasingly, individuals and institutions want to invest in a manner that is consistent with specific beliefs and values. Morgan

More information

Russell James, J.D., Ph.D., CFP Director of Graduate Studies in Charitable Planning, Texas Tech University

Russell James, J.D., Ph.D., CFP Director of Graduate Studies in Charitable Planning, Texas Tech University Russell James, J.D., Ph.D., CFP Director of Graduate Studies in Charitable Planning, Texas Tech University What is it? When a donor gives some rights to property but keeps others Charity, I give you my

More information

Fundraising Policies Suite Special Olympics Ontario

Fundraising Policies Suite Special Olympics Ontario Fundraising Policies Suite Special Olympics Ontario SOO Fundraising Policies Suite Page 1 Table of Contents Introduction... 1 Ethical Fundraising... 1 Fundraising Solicitations... 1 Treatment of Donors

More information

How to Organize a Motorcycle Charity Ride

How to Organize a Motorcycle Charity Ride How to Organize a Motorcycle Charity Ride Motorcycle owners are always up for any opportunity to get out and ride. People who plan bike events know that a good ride can be as important as the destination

More information

fundraising training ltd

fundraising training ltd fundraising training ltd fundraising training ltd PO Box 240, Wallingford, OX10 9XZ e-mail info@fundraisingtraining.co.uk tel 01491 202070 web www.fundraisingtraining.co.uk the skilled grantseeker programme

More information

Make a difference in your local or national community!

Make a difference in your local or national community! We are passionate about giving back to our community with socially responsible commerce that enables businesses to start or expand their charitable giving without interruption or cost CHARITY SuitePay

More information

Direct Marketing, Mobile Phones, and Consumer Privacy

Direct Marketing, Mobile Phones, and Consumer Privacy Direct Marketing, Mobile Phones, and Consumer Privacy James Nehf* Professor King rightly observes that protecting consumer privacy in the United States is largely the responsibility of individuals. Although

More information

Survey of Online Fundraisers, Sponsors, and Donors Summary of Responses

Survey of Online Fundraisers, Sponsors, and Donors Summary of Responses Survey of Online Fundraisers, Sponsors, and Donors Summary of Responses JustGiving teamed up with researchers at Bristol University (UK), Warwick University (UK), and McMaster University (Canada) to conduct

More information

An Outcomes Toolbox. Workshop: Some key Outcomes tools

An Outcomes Toolbox. Workshop: Some key Outcomes tools An Outcomes Toolbox Robert M. Penna, Ph.D. Author: The Nonprofit Outcomes Toolbox San Diego Grantmakers San Diego, California August 26, 2014 Workshop: Some key Outcomes tools The Challenge: Assessing

More information

Setting up an American 501 (c)(3) Non-profit Organisation. www.chapel-york.com

Setting up an American 501 (c)(3) Non-profit Organisation. www.chapel-york.com Setting up an American 501 (c)(3) Non-profit Organisation www.chapel-york.com Why Fundraise from America? Americans inside & outside the USA expect to be asked to donate to charity. US Grant making Foundations

More information

SFT F15 Develop and implement a plan for direct response fundraising

SFT F15 Develop and implement a plan for direct response fundraising Develop and implement a plan for direct response fundraising Overview This standard is about fundraising through direct response channels. You will need to plan your approach to achieve the fundraising

More information

Abstract. Individuals frequently transfer commodities without an explicit contract

Abstract. Individuals frequently transfer commodities without an explicit contract Presents or Investments? An Experimental Analysis Uri Gneezy,Werner Guth y and Frank Verboven zx April 10, 1998 Abstract Individuals frequently transfer commodities without an explicit contract or an implicit

More information

TEN SIMPLE WAYS TO BOOST YOUR PAYROLL GIVING PROGRAM PERFORMANCE. Creating successful payroll giving programs

TEN SIMPLE WAYS TO BOOST YOUR PAYROLL GIVING PROGRAM PERFORMANCE. Creating successful payroll giving programs TEN SIMPLE WAYS TO BOOST YOUR PAYROLL GIVING PROGRAM PERFORMANCE Creating successful payroll giving programs TIPS FOR SETTING UP A PAYROLL GIVING PROGRAM Engage senior leadership support for the program

More information

Succession Plan/Planned Gift Agreement

Succession Plan/Planned Gift Agreement Succession Plan/Planned Gift Agreement succession plan/planned gift agreement Welcome to The Community Foundation family. Thank you for choosing to be a part of The Community Foundation for Greater Atlanta.

More information

FUNDRAISING EVENTS & PROMOTIONS

FUNDRAISING EVENTS & PROMOTIONS FUNDRAISING EVENTS & PROMOTIONS WELCOME Dear Fundraiser, Thank you for your interest in raising money to support Childhaven. Philanthropic support from our community makes it possible for Childhaven to

More information

The effects of nonprofit organization-specific factors on governmental support to nonprofit organizations

The effects of nonprofit organization-specific factors on governmental support to nonprofit organizations Journal of Management and Marketing Research The effects of nonprofit organization-specific factors on governmental support to nonprofit organizations Nicholas Marudas Auburn Montgomery Fred Jacobs Auburn

More information

DEVELOPING A FUNDRAISING PLAN: MAJOR INDIVIDUAL DONORS. Background

DEVELOPING A FUNDRAISING PLAN: MAJOR INDIVIDUAL DONORS. Background Background DEVELOPING A FUNDRAISING PLAN: MAJOR INDIVIDUAL DONORS Because individuals do not have to make contributions and, by law, do not need to disclose information about their gifts publicly, raising

More information

CHARITABLE GIVING CONSIDERATIONS: DONOR ADVISED FUND

CHARITABLE GIVING CONSIDERATIONS: DONOR ADVISED FUND : DONOR ADVISED FUND OR PRIVATE FOUNDATION? By: Marcia Paltenstein, CFP For many wealthy families charitable giving and philanthropy are among their top financial goals. Aside from the simplest form of

More information

PMS 3005 PMS 2915 PMS 2975 PMS 485 SILICON VALLEY GIVES 2015 & 2016. sponsorship opportunities

PMS 3005 PMS 2915 PMS 2975 PMS 485 SILICON VALLEY GIVES 2015 & 2016. sponsorship opportunities PMS 3005 PMS 2915 PMS 2975 PMS 485 SILICON VALLEY GIVES 2015 & 2016 sponsorship opportunities BACKGROUND & OPPORTUNITY PMS 3005 PMS 2915 PMS 2975 PMS 485 Silicon Valley Community Foundation is proud to

More information

our stewardship Donor-Advised Funds at The Denver Foundation: a simple, powerful, and highly personal approach to giving.

our stewardship Donor-Advised Funds at The Denver Foundation: a simple, powerful, and highly personal approach to giving. Your GenerositY our stewardship Donor-Advised Funds at The Denver Foundation: a simple, powerful, and highly personal approach to giving. Donor-advised funds provide a convenient and flexible tool for

More information

InvestED Executive Director Seattle, Washington

InvestED Executive Director Seattle, Washington InvestED helps Washington state secondary school students in need by granting them opportunities to achieve. We provide basic supplies, access to school programs and other assistance to help level the

More information

Policies for Charity ios apps

Policies for Charity ios apps Policies for Charity ios apps By Ritesh Patil WHITE PAPER 13.05.14 v1 Deeds of giving are the very foundations of the world. The Torah Contents 1 Introduction 1.1 Donations 1.2 Apple bans charity donations

More information

How to Measure and Report Social Impact

How to Measure and Report Social Impact How to Measure and Report Social Impact A Guide for investees The Social Investment Business Group January 2014 Table of contents Introduction: The Development, Uses and Principles of Social Impact Measurement

More information

Real Estate Gifts. Major and Planned Gifts Fact Sheets

Real Estate Gifts. Major and Planned Gifts Fact Sheets Real Estate Gifts A primary residence, vacation home, farm, or undeveloped lot often represents a major asset that may be used to make a substantial charitable gift. Particularly in the case of greatly

More information

FOSTERING POWERFUL, REWARDING PHILANTHROPY. The Seattle Foundation Strategic Plan

FOSTERING POWERFUL, REWARDING PHILANTHROPY. The Seattle Foundation Strategic Plan FOSTERING POWERFUL, REWARDING PHILANTHROPY The Seattle Foundation 2013-2015 Strategic Plan More than ever before, philanthropy is driving change across our nation. In education, healthcare, the environment

More information

THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL ONE ASHBURTON PLACE BOSTON, MASSACHUSETTS 02108

THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL ONE ASHBURTON PLACE BOSTON, MASSACHUSETTS 02108 THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL ONE ASHBURTON PLACE BOSTON, MASSACHUSETTS 02108 (617) 727-2200 (617) 727-4765 TTY www.mass.gov/ago ATTORNEY GENERAL'S GUIDE FOR DONORS I.

More information

Create a big impact for clients and your business

Create a big impact for clients and your business PROFILES IN PHILANTHROPY ADVISOR PERSPECTIVES ON CHARITABLE PLANNING Create a big impact for clients and your business We all want to make a difference in the world particularly in difficult times. The

More information