Increasing charitable giving what can we learn from economics?

For some people, charitable giving is not obvious territory for economists. There is a view that giving money to charity is not a rational activity and by implication not something that economists have much to say about. However, this narrowly equates being rational with acting purely in one’s self-interest and the two are not necessarily the same thing. In practice, giving to charity involves making decisions about how to allocate limited resources decisions over how much to give in total, whether to give time or money, and whether to give to one charity or another. Unless these decisions are made randomly, it must be that individuals are using some criteria to try to make the best decisions, even if they are maximising with respect to something fuzzy like “warm glow” This leads into territory where incentives are likely to matter and where economics is likely to have something to say.

Spotlight

Retail Council of Canada

For more than 50 years, Retail Council of Canada (RCC) has been the Voice of Retail in Canada. RCC is a not-for-profit, industry-funded association representing more than 45,000 store fronts of all retail formats across Canada. RCC has offices across the country in Vancouver, Winnipeg, Ottawa, Toronto, Montreal and Halifax. We work with all levels of government and represent all sizes of retailers, from main street merchants to multinational brands. Our membership represents over 70% of all retail goods sold in Canada.

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Three Components Of The Nonprofit Tech Stack

whitePaper | December 12, 2019

Your donors have entrusted you with their hard-earned money and they expect you to acknowledge them and their contributions. If you interpreted that to be a manual process, like looking up donors to make sure you’re updating the correct record, you may have the wrong technology stack.

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How to Use Rage Philanthropy to Your Nonprofit's Advantage

whitePaper | April 6, 2020

Philanthropy has always been centered on individuals giving back to causes that ignite an emotional response. In recent years, this emotional connection to important causes combined with controversial political events has produced a new type of giving that many have dubbed “rage philanthropy” or “rage giving.” Americans today are making more political donations than they were two decades ago, highlighting the fact that they are engaged in political issues now more than ever before (Hughes, 2017). Political events and changes to major legislation can influence the way donors engage with your nonprofit—and understanding rage philanthropy can help your organization increase giving opportunities.

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Donor Engagement in the New Normal

whitePaper | February 14, 2023

How much have the global pandemic, shifts in technology, and a challenging economy transformed philanthropy over the past three years? Consider these key aspects of the new normal of fundraising

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Starting a 501(c)(3) Organization

whitePaper | November 4, 2021

The primary purpose of this publication is to present an accessible guide on the many topics pertaining to the process of starting a 501 (c)(3) organization with the sound construction needed to be successful and sustainable. The materials presented are based upon nonprofit best practices, and though there will be a brief mention of other types of tax exempt organizations for educational purposes, the focus of this guide is on the 501 (c)(3) organization. It is the Oklahoma Center for Nonprofits’ mission to educate nonprofit leaders and staff on best practices so that they can grow, develop, and accomplish their stated missions.

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How to Build an Insight-Driven Culture at Your Nonprofit

whitePaper | July 8, 2022

Digital transformation is occurring across each sector. Organisations across each sector are utilising digital technology to fundamentally change their operations. They are replacing their processes, reimagining their customer experience, and innovating with the help of digital transformation. The result? Improved efficiency ensuring that resources are making the biggest impact possible, added value which can easily be measured and communicated with stakeholders and a sophisticated use of data leading to insights and transparent decision making

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40 Nonprofit Trends for 2021

whitePaper | April 14, 2021

NonProfit PRO continues the tradition of sharing its 40 nonprofit trend predictions for the upcoming year, which every organization should keep top of mind. Last year, our predictions were technology-focused, and while innovation will continue to be at the forefront of nonprofits' strategic plans, so will engagement and connectivity.

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Spotlight

Retail Council of Canada

For more than 50 years, Retail Council of Canada (RCC) has been the Voice of Retail in Canada. RCC is a not-for-profit, industry-funded association representing more than 45,000 store fronts of all retail formats across Canada. RCC has offices across the country in Vancouver, Winnipeg, Ottawa, Toronto, Montreal and Halifax. We work with all levels of government and represent all sizes of retailers, from main street merchants to multinational brands. Our membership represents over 70% of all retail goods sold in Canada.

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