The Power of Social Proof in Fundraising
People give to nonprofits for a variety of reasons. As you are fundraising though, something powerful to keep in mind that is often underestimated in philanthropy is social proof. Simply put, social proof is the psychological phenomenon where people look to others to decide how they themselves should behave. In fundraising, it’s the subtle (or sometimes not-so-subtle) reminder that others are giving and you should too.
When used with intention, social proof can help nonprofits build momentum and create a collective sense of shared purpose among donors. Here are some examples of how it works in practice.
Announcing Progress Builds Momentum
Publicly sharing milestones like announcing when you’re a portion of your way towards your goal (30% - 50% for many campaigns) of the way toward your fundraising goal signals to potential donors that the campaign is already gaining traction and worth investing in. For example, in two identical campaigns where one is 20% to goal and one is 80% to goal, people will almost always choose to donate to the one that is 80% to goal (even though they need the money less). Few want to join a stalled effort that might not succeed, and most want to help push a winning campaign across the finish line.
Naming Opportunities as Endorsements
Naming a space, scholarship, or program after a donor is multifaceted in its benefits. We want to be able to thank and recognize the donor for their generosity, but the benefit that is talked about less is that it also serves as a visible endorsement that carries weight with others. When donors see respected community members lending their names and contributions to a project, it conveys an enormous amount of credibility. In this way, naming opportunities double as both recognition and a form of social proof that can inspire others to follow suit.
Giving Inspires More Giving at all Levels
Donors are often more motivated when they see their peers contributing. This is why peer-to-peer fundraising is so effective. When a friend or colleague asks for support rather than a staff or even a board member, it adds the unspoken weight of “others are already doing this, myself included.” This tends to be the case across all levels of giving which is why giving clubs segmented out by giving size can be so effective.
Matching Gifts Create Momentum
When a lead donor offers a challenge or matching gift, it can carry more weight than just the money that donor has pledged out.This endorsement not only amplifies the impact of each donation but also reassures others that their contributions are joining a larger, validated effort. The reason that matching gifts are so popular is because they work. People will almost always give more than they normally would knowing that their contribution is immediately doubled or even sometimes tripled.
Fundraising when done correctly is largely about community. Social proof reminds us that giving is not at its most effective when it’s an isolated act; it’s something people do together. When people see others stepping up, they’re far more likely to do the same. Harnessing this psychological truth with integrity can help nonprofits not only reach their goals, but also strengthen the sense of belonging that keeps supporters engaged for the long term.
Need help raising more money for your nonprofit? Send us a message and we would love to learn about the goals of your organization!