Understanding The Power of Collective Giving
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The document discusses the power of collective giving and data sharing in philanthropy. It notes that most charitable donations come from individuals rather than institutions. It advocates that non-profits begin sharing more donor data through open platforms and APIs to better understand impacts and outcomes, improve transparency, and create opportunities for increased giving through collective efforts like social giving days. The document encourages non-profits to clean their own data, participate in data sharing initiatives, and bring these ideas to other organizations in order to further philanthropic goals through openness and collaboration rather than secrecy.
Understanding The Power of Collective Giving
- 1. 1 Understanding The Power of Collective Work
- 2. About Next in Nonprofits provides new social fundraising and communications ideas and consulting for growth. NextInNonprofits.com 2#CollectiveGiving CommitChange Fundraising and donor management. Solved. CommitChange.com
- 3. Today • Creating millions of philanthropists • Social giving days (#GivingTuesday) • Sharing data • Next steps 3#CollectiveGiving
- 4. Millions of philanthropists • $335 billion in charitable giving in 2013 • 72% from individuals • Institutional giving is constrained more than individuals. 4#CollectiveGiving
- 7. History of seeing collective giving 7#CollectiveGiving
- 8. Millions of philanthropists • $335 billion in charitable giving in 2013 • 72% from individuals • Institutional giving is constrained more than individuals. 8#CollectiveGiving
- 9. Giving days start to show data • Some giving days, like GiveMN, use a single platform • #GivingTuesday estimates $45.68 million by aggregating data 9#CollectiveGiving
- 10. Adding more value in data • Siloed sites have begun creating more donor profile information. • CommitChange is opening their API to aggregated data 10#CollectiveGiving
- 11. Opening the API • Most donation processing has been built in silos. • Users – charities in this case – need to start using platforms that allow aggregation of data to understand impact. 11#CollectiveGiving
- 12. Charities and donors - together • Fear of fraud has been a huge issue in charitable giving, including in 2015 • Watchdog groups say more data is the way to improve nonprofits and outcomes 12#CollectiveGiving
- 13. Charities and donors - together The issue isn’t a need for more regulation, but more conversation. Donors need to see what others are doing. 13#CollectiveGiving
- 14. Charities must begin the push It’s not about scarcity, it is about sharing to create abundance. 14#CollectiveGiving
- 15. Choose an open platform 15#CollectiveGiving Whether CommitChange or a home-brewed platform, look to find a way to share what your charity knows.
- 16. Ask your donors to share 16#CollectiveGiving
- 17. Start looking at existing data 17#CollectiveGiving Clean your own data to be able to use standard schema. Our institutional philanthropy friends may help…
- 18. Participate in social giving 18#CollectiveGiving #GivingTuesday, local giving days, or shared fundraisers with partner organizations.
- 19. Like any movement… 19#CollectiveGiving Share these thoughts with other nonprofits. Bring them to sector conferences, and ask if secrecy has ever created more giving.
- 20. Your thoughts 20#CollectiveGiving Questions, comments or any other related ideas?
- 21. Thank you! 21#CollectiveGiving Steve Boland, Next in Nonprofits @NextNonprofits Roderick Campbell, CommitChange @CommitChange
Editor's Notes
- #6: Small compared to the big picture. But when Gates holds a press conference or releases a mosquito, the charity world reacts.
- #7: Now we’re an anti-poverty organization! Institutional philanthropy is the tail that wags the dog.
- #8: Kickstarter growth. Yes, this is a lot of pre-sales, but it is also just one crowdfunding platform. Many others, including CommitChange, exist and don’t yet aggregate this number.
- #9: Giving USA estimates
- #11: Here’s where Roderick should talk more about the CommitChange mission to sharing anonymized data, or more if the donor chooses to share more.
- #13: Barger was asked to leave so they could get a more tech savvy CEO to deal with data.
- #17: Crowdfunding does this better than regular, recurring donors for charities.
- #19: More info on strategies for social giving in this blog post.
- #20: Share, share, share!
- #21: Share, share, share!
- #22: Share, share, share!