Q: Is there research showing the effectiveness of publicly stating a goal for a fundraising campaign or event? We often hear arguments both for and against from fundraisers we work with. On the one hand, some believe a goal creates excitement and interest in collectively working (donating) to reach that goal. On the other, some will say once the goal is reached, (potential) donors will think their dollars aren’t needed and not give. Is the key in the messaging (there is always more to be done) more so than the statement of the goal itself?
There’s evidence (see this paper and this one) that people are more motivated to give when there’s a target, provided we’re close at reaching it. Once a certain level has been exceeded e.g. 75%-80%, donations start pouring in. It’s an indirect measure of social proof – it means many people gave – but also of impact – you can be in the group of people who make this happen. But you’re right; donors give less once the target has been reached (an average of £2 – £3 less).
What to do?
Set successive targets to maintain levels of donations. For example, you could set a different goal each day. Then, use yesterday’s donations to show progress towards today’s goal. This way, you constantly motivate people to give with a goal that is almost reached. And of course, test this with your audience.


