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How To Use Numbers To Inspire More Giving (and How You Should NOT Use Them)

iMarketSmart

It’s called behavioral finance. Waking up the math or finance side blocks the social emotion side. In experiments, reminding people about money or finances reduces: Charitable giving [10]. Numbers, math, and finance can be a problem. Organizational Behavior and Human Decision Processes, 97(2), 106-116.

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How to establish “the land of wealth sharing” for major gifts donors

iMarketSmart

She can deliver value. You remind me of,” “similar situation”) It leads with value. creative planning,” “avoiding taxes,” “big impact”) It asks for permission to share more value. (“put We’ve provided value to the donor as a guiding sage. Major donors tend to plan their finances well in advance.[9]

Finance 52
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How to Lower the ‘Cost’ of Philanthropy So Your Supporters Donate Major Gifts of Assets

iMarketSmart

Introducing math, numbers, and finance can disrupt this process. Talking finances too early restricts the story. I needed to learn their story, their values. But generosity and finances are very different things and need to be treated that way to develop meaningful relationships.”. Number problems. The problem is this.

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Dr. James explains the power of giving: why leading with a gift always wins

iMarketSmart

The gift value is identical. The charity signals that the donor is valued. (We If he was in insurance or finance, we would think of people who we felt were his peers and someone that he would respect. Selfishly benevolent or benevolently selfish: When self-interest undermines versus promotes prosocial behavior.

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How to Reduce the ‘Cost’ of Philanthropy So Major Donors Give More

iMarketSmart

It works with finances.[18] A compelling challenge forces a decision, In response to a threat or opportunity for the donor’s people or values, and. With the promise of a victory for the donor’s people or values. Organizational Behavior and Human Decision Processes, 59(3), 331-347 ; Konow, J. So, what’s going on?

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Why you must deliver value in fundraising, not just take the money and run

iMarketSmart

It’s harder to think, “One day we’ll deliver value to a donor worth a million-dollar gift.” Delivering value as a goal Charities often don’t get a million-dollar gift because they aren’t trying. But they aren’t trying to deliver that much value. In fact, delivering value to the donor may not even make sense to them.

Values 89
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Why you must deliver value in fundraising, not just take the money and run

iMarketSmart

It’s harder to think, “One day we’ll deliver value to a donor worth a million-dollar gift.” Delivering value as a goal Charities often don’t get a million-dollar gift because they aren’t trying. But they aren’t trying to deliver that much value. In fact, delivering value to the donor may not even make sense to them.

Values 52