The State of Trust in Philanthropy
Key Takeaways:
The State of Trust in Nonprofits:
Data sourced from studies such as Indiana University Lilly Family School of Philanthropy and Give.org BBB Wise Giving Alliance.
Trust varies based on education level, volunteerism, and donor engagement.
Who Trusts Nonprofits?
Highly educated individuals, active donors, and volunteers show higher trust.
Generational differences reveal younger demographics (born after 1981) engage differently with nonprofits.
Who Do Americans NOT Trust?
Large corporations, Congress, and government entities rank lowest in trust. Nonprofits are perceived as a better alternative for creating impact.
Building and Maintaining Trust:
Commit to ethical principles and accreditations to reinforce credibility.
Leverage volunteers to enhance trust, as they are seen as ambassadors for the organization.
Trusted Communication Channels:
Align messaging with trusted sources of information, particularly for younger generations.
Use newsletters, storytelling, and program updates to demonstrate transparency and accountability.