In the effective altruism community, donation matches are becoming very popular. Some matchers have gone as far as tripling or even quadrupling each dollar donated, not just doubling. But I started to wonder if the matching multiple—or even matching at all—has any impact on the money you raise. So I took a look at some of the academic literature on donation matching to see whether such matches are justified.
I find that the evidence is mixed, but we can still draw some conclusions form it. Full writeup here. I'd love to get people's thoughts on it, especially:
- Do the process and conclusions make sense given the evidence?
- Do you plan to change your donating/fundraising behavior based on the findings? (The research and writeup took me probably 10-15 hours, so I'm especially concerned with evaluating whether it was worth the effort!)
Thanks for reading!
(Note: I made a link instead of pasting the whole thing here because I expect I'll update the post and don't want to deal with keeping the two versions synchronized. Moderators, let me know if you'd prefer some other solution.)
Thanks for working on this.
I don't know if this is addressed in the literature, but what is your best guess for the large discrepancy between how many people say they are influenced by the match and the numbers you were finding?
A secondary thought is that I think I would expect the effect of the match to be stronger on social media due to the eye-catching effect. Though I would certainly have expected stronger effects (maybe 75%) from the studies. Almost all of the money raised on my match so far has been via the 'passive' social media exposure, rather than actively contacting people.
On a personal level, I don't like fundraising on a gut level in the first place (I put it 'necessary evil' territory). The match makes me feel less bad about it, which is probably worth something if possibly not much.
Couple hypotheses: