8 Psychological Reasons Why People Give
There are many reaons to donate and contribute to support causes. Here are some reasons: Small charitable donations have a huge impactIt is benefic...
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Selfless giving is often a key component of many spiritual and religious belief systems and an overwhelming 71% of donors pointed to their religious values as a key motivation for their commitment to charity.
61% of people interviewed spoke of personal, life-changing experiences that sparked their giving. These varied from having directly experienced the hardships of the developing world, to suffering a loss of a family member who battled a disease.
Being born in an affluent nation greatly increases our chances to benefiting from good infrastructure, healthcare, access to education, and the availability of stable jobs. For people born in a developing country, the chances that their hard work will pay off are greatly diminished.
Aid provides those living in extreme poverty with the essential resources necessary to attain a better standard of living. Poverty is a problem that has proven solutions, and giving plays a crucial role in combating extreme poverty.
The 700 million of us living on less than $2 a day account for roughly 10% of the human population. Even though all of us would like to think that our sense of wellbeing, political freedom, and personal accomplishments are the results of our own efforts, we know that none of these realities are possible without certain essential material conditions: food , clean water, shelter, basic healthcare, and political stability.
The fact that extreme poverty still exists causes many people to claim that development aid isn’t working. In fact, effective aid efforts have been repeatedly proven to reduce death rates and suffering in developing countries.
Giving is tax-deductible. Your gift to an organization with a qualified non-profit status might entitle you to a tax break (the status of an organization may vary from country to country, with some organizations represented in many countries globally).
Effective interventions can break the cycle of poverty for the world’s neediest people. Preventing and fighting diseases can keep children healthy and in school . Effective healthcare allows parents to continue supporting their families when they might otherwise have to care for sick children or themselves be disabled by debilitating illness. Aid provides those living in extreme poverty with the essential resources necessary to attain a better standard of living.
5. Giving makes us happier. Research has shown that spending money on ourselves does not significantly increase our sense of happiness or wellbeing. A Harvard Business School study suggests that giving to others is directly correlated with an increased sense of happiness.
Giving isn’t a business transaction. It’s a human connection. To inspire donors to give, you need to make a meaningful connection by showing them why they matter and how they can make a difference. When you understand why your donors give, you’ll be able to make a more effective appeal.
I know there is a need for the nonprofit’s mission in my community and I know it does good work
Yes, your nonprofit has to show that it’s a good steward of donor money and you need to show where all that generosity is going, but your appeal must contain more than numbers and pie charts.
Many people are also aware that they should donate to the causes that have the highest impact, but facts and figures are less attractive than narratives.
Another of the major takeaways from the research in this area is that giving is fundamentally a social act. One study shows that people give significantly more to their university if the person calling and asking for their donation is their former roommate.
The good news is that charitable giving is contagious – seeing others give makes an individual more likely to give and gentle encouragement from a prominent person in your life can make also make a big difference to your donation decisions – more than quadrupling them in our recent study.