Here's Why Some People Are 'Rage Giving' To Certain Causes After The Election: Charity Navigator CEO

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5 • 4 Ratings

🗓️ 2 December 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael Thatcher, President and CEO of Charity Navigator, joined "Forbes Talks" to discuss the intersection of politics and donating to charity ahead of the election.

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Transcript

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0:00.0	Hi everybody. I'm Brittany Lewis, a breaking news reporter here at Forbes.
0:06.5	Joining me now is Michael Thatcher, CEO and president of Charity Navigator.
0:10.5	Michael, thank you so much for joining me again.
0:12.5	Oh, Brittany, I'm glad to be here.
0:14.5	We are glad to have you, but before we dive into the conversation,
0:18.5	can you just explain what does Charity Navigator do?
0:21.6	Sure. Charity Navigator is the nation's largest independent evaluator of nonprofits.
0:28.6	We're a free service, free to the donors, free to the nonprofits that we evaluate, and we provide ratings and information on over, I guess, we're at 235,000 nonprofits that we have
0:41.7	ratings on.
0:43.1	We also have lists.
0:44.1	We help people, really, we're here to make impactful giving easier for everyone, and
0:49.3	we're creating different ways to simplify your process to really get to the charities you
0:53.9	want to support,
0:54.8	make an impact with your gift. Michael, 95% of my job I cover politics. So I'm excited to talk
1:03.1	about the intersection between politics and giving. Last month, as you know, we had an election.
1:10.1	Donald Trump did win his second term in the White House.
1:13.7	So I want to talk about the impact of politics on giving. Do election results matter when it comes to charity giving?
1:22.1	The election results definitely matter. There's there are kind of two phases of it. One, giving shifts going into the elections. People are sometimes giving more to political campaigns and then they'll switch back to actually giving to the nonprofits that they choose to support. In this case, and it's quite similar to what happened in 2016. There has been a reaction to the election results.
1:47.0	You have an increase in giving to areas that people feel may not be as well served within the new regime.
1:55.0	So areas like the environment, reproductive health, civil liberties, immigration.
2:03.6	These are all areas where on Charity Navigator we've seen, for example, over a 2,000% increase in traffic
2:09.6	and donations to organizations in the area of reproductive health, a little over a thousand percent increase in traffic and donations to
	...

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