ATLANTA – Funded by a $4.8 million grant from the John Templeton Foundation, Georgia State, the University of Chicago and other universities will join in strategic partnerships with local and national nonprofits to learn more about the science behind charitable giving.
The universities have established a new Science of Philanthropy Initiative that will explore the underpinnings of philanthropy.
A team of researchers that includes Michael Price, associate professor of economics in the Andrew Young School of Policy Studies at Georgia State, will lead studies seeking answers to the big questions about philanthropy: Why do people give? How do people give across the life cycle and across cultures, and how can philanthropy be increased?
“We expect our initiative to produce research that will give practitioners around the world a better understanding of the underlying motives for charitable giving. Our work will advance new strategies for soliciting gifts that will improve donors’ well-being and increase giving,” says Price. “Improved knowledge of the decisions that shape philanthropic giving can be applied by practitioners and policymakers interested in philanthropy and the private provision of public goods.”
The Science of Philanthropy Initiative will host an annual conference, speaker and webinar series, and a competitive small grants program. Researchers and scholars from the economics and psychology departments at the University of Chicago will collaborate with those from Georgia State, the University of Wisconsin-Madison, Brown University and the University of Minnesota.
Go to www.spihub.org for more information about the Science of Philanthropy Initiative.
Jennifer Giarratano, Andrew Young School of Policy Studies, 404-413-0028
William Harms, University of Chicago, 773-702-8356