The challenge we face:
Donors are becoming more sophisticated when it comes to charitable giving. One philosophy and social movement around philanthropy is effective altruism. Through effective altruism donors try to determine and support nonprofits that combine the most effective and cost efficient programming to impact our world. Fundraising professionals and nonprofit leaders need to be aware of this growing attitude toward funding nonprofits and ensure that our interactions with donors communicates clearly the value proposition of our organization.
In this episode we’ll discuss:
Effective altruism’s approach to thinking about charitable giving and philanthropy How the approach fundraisers take to donors might be affected by effective altruism Does your fundraising communication plan need to change to address new questions about effectiveness that go beyond concerns about the cost of overhead? How donors interested in effective altruism may change their donation habits over time Can fundraising be one of the ten most harmful jobs on earth? How effective altruism considers both effectiveness and cost effectiveness of your programs Whether nonprofit fundraisers need to consider the effectiveness of their nonprofit in deciding if their work lives up to their own ethical standards and desires How effective altruism shifts the focus from storytelling to research around nonprofits What mindsets are needed for a donor to employ an effective altruism approach to their charitable givingHow you can make your voice heard!
There are two polls in the Philanthropy Podcast Facebook group for this episode. We want to know your opinion about:
You can join our Philanthropy Podcast Facebook Group to share ideas, get advice, and simply enjoy the company of other listeners.
Learn more about this episode’s guest, Eric Freidman:
Eric Friedman is an individual donor who has spent several years trying to understand how to maximize the impact of his giving, including traveling to Africa to see his giving in action. He is an actuary and graduated from Stanford University with majors in mathematics and economics.
Links:
Leadership in Advancement, Responding to the COVID-19 & Coronavirus Pandemic, Building Your Team, and Sharing Your Mission - An Interview with Lou Nanni, University of Notre Dame - Episode 40
Conference Preview - The Nonprofit Technology Conference - An Interview with Amy Sample Ward, NTEN - MiniEpisode 2
Entrepreneurs, Philanthropy, and Founders' Pledges; A new "pre-exit" philanthropy - An Interview with Dee Dee Mendoza, Dartmouth College - Episode 39
The Philanthropy Podcast - Episode 038 - A Long Overdue Episode, An Apology, And A Big Announcement
Philanthropy in a #MeToo World - An Interview with Sarah Beaulieu, Founder of The Uncomfortable Conversations - Episode 37
The Joy of Fundraising - My Own Take on Why I Love Our Work - Episode 35
How New Tax Legislation Impacts Philanthropy - An Analysis of The Tax Cuts and Jobs Act - Episode 34
Modern Fundraising Phonathons - An Interview with Brian Gawor, Vice President of Research at Ruffalo Noel Levitz - Episode 33
The Global Philanthropy Forum Conference "No Bystanders" - A Preview with Founder & CEO Jane Wales - Mini Episode 1
Social Payments & Social Giving - An Interview with Dale Nirvani Pfeifer, Founder & CEO of Goodworld - Episode 32
A Great Big Thank You for Listening! Our 2017 Summary and 2018 Preview - Episode 31
Social Enterprises & Nonprofits - An Interview with Darius Jones, Vice President & General Manager of Garfield Produce - Episode 30
Social Media Guidelines And Respecting Dignity Of Partners - An Interview with Beathe Ogard, President of SAIH - Episode 29
Social Enterprises & NonProfit Partnerships - An Interview With Brenda Palms Barber, CEO of Beelove - Episode 28
The Importance of Donor Retention and How We Can Improve Our Efforts - Episode 27
Research Based Fundraising Resources - Episode 026
A New Job! A Personal Update on My Life And The Philanthropy Podcast - Episode 25
Planning Your Online Giving Day - An Interview With Tiffany Khan, Director of Sun Devil Giving at ASU Foundation - Episode 24
Succeeding at Online Advertising - An Interview with Jeff Cosgrove, Director of Nonprofits at Conversant - Episode 23
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