I'm new in a my role in a fundraising department, and I had to read this book for work, so my 3-star rating is more based on my level of enjoyment rather than the quality of the information. I think the information is worthy of a 5-star rating, but I had a 3-star amount of fun while diving into this data.
If you've ever read "The Five Love Languages," then you would be familiar with the concept of this book. In the same way that people need to receive love in different ways, there are different types of givers, and they respond to different types of messaging.
The Seven Faces of Philanthropy (or different types of givers) are:
-Communitarians – 26% - “Doing good makes sense”
-Devout – 21% - “Doing good is God’s will”
-Investors – 15% - “Doing good is good business”
-Socialites – 11% - “Doing good is fun”
-Repayers – 10% - “Doing good in return”
-Altruists – 9% - “Doing good feels right”
-Dynasts – 8% - “Doing good is a family tradition”
This book mainly uses survey results to makes its points. Inside the book, we find tons of quotes from real life donors, and the quotes are used strategically to prove that the authors’ arguments for each category are correct.
Here are some bullet points I found interesting:
-It was interesting to hear that some people work as Philanthropic Consultants, advising wealthy people on the best organizations to give to and invest in.
-Pages 136-137 have a nice chart that show how different philanthropic personalities respond to different positive messaging. The chart shows which areas scored highest for each personality type.
-Researchers have developed a “foot-in-the-door” theory that hypothesizes that people are more likely to give large, major gifts after first establishing a relationship with the organization by giving smaller gifts.
-Increased involvement with an organization increases a donor’s commitment, which increases their giving.
-In order for an organization to get the most money, donor relationships are usually long-term relationships that are built over many years, after a foundation of trust and affinity have been established.