Women often balance the household checkbook, and a new study by the Women's Philanthropy Institute reveals they are more likely than men to be writing these checks out to charity.
The Women Give 2010 study isolated men and women who are “single heads of household,” among other factors, to make direct gender comparisons. The results revealed that across all income brackets, women are simply giving more money away. It seems gender, not affluence, spurs giving. Women whose household income topped $103,000 gave $1,910, while men in this income range gave $984. Women whose household income was at the bottom of the income bracket, just $23,509 or less, gave $540 while their male counterparts gave $281. Executive Director of Equality Now, Taina Bien-Aimé, says “Dedicated women with no income will send you five dollars. The issues speak to them, and that moves women to give.”
The study also found that women are more likely to donate to a variety of causes, rather than direct a lump-sum to one organization. Women may be giving a few dollars to each issue that crosses their path, whether it’s originating from a coworker, child’s school or community organization knocking at their front door. When engaging this group, provide tools that allow turn-key networking. For example, a personalized fundraising site where an individual can drive others to donate or a toolkit that empowers them to take charge of an on-the-ground fundraiser. The efforts of one woman to gather small donations can add up to a huge impact for the cause.
The research confirms that women hold the desire and capacity to be philanthropic at all income levels. When crafting a campaign to raise funds for your issue, look to engage these super-givers regardless of income level, and provide the resources that help tap into her vast network of others who want to support a good cause.