How Men and Women Use Crowdfunding Options Differently

How Men and Women Use Crowdfunding Options Differently

Scholastic and public opinions are divided on what we have come to describe as “the gender problem”. Within the ambit of this issue there is ongoing dialogue between high awareness individuals on whether there ought to be three genders instead of two, whether the genders are truly equal, and the now centuries-old question of whether traditional gender roles have any substance to them or are purely arbitrary, if time honored.

This last question has been applied to every possible cultural discourse, including the sector of philanthropy. Research studies conducted in far apart, different geographies highlight how women and men give to charity in discernable ways. The big picture seems to suggest that women are at any time more likely to give than men in similar situations, and that women give more quantitatively.

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Let us look at some gendered differences in giving behavior, a set of statistics that establish that women and men give in vastly diverging ways:

  • Upper-class women everywhere in the world give 156% more than their male peers.
  • Baby boomer (1946-1960 birth years) women give the most of any donor group, averaging 89% more than their male counterparts.
  • Women give more in absolute values of money than men do, even if comparative financial resources are not uniformly shared between the genders, especially as people age.

These findings hold both in events of offline giving and online crowdfunding projects. Men and women in the twenty-first century utilize differently the crowdfunding options available to them.

Why is this so?

The answer might be embedded in the ways women and men, as girls and boys in early youth, are socialized in separate ways. Women grow up with the notion that caring for others, looking after the less fortunate, and being altruistic and self-sacrificing are good values to aspire to, Men do not receive similar inputs as children, and develop into individuals with less evolved empathetic dispositions. Therefore, women give from impulse and from a belief that social change will happen, while men’s charitable giving centers on personal or business fiscal strategies.

Women are more focused on grassroots reform and direct aid than men are. Women give significantly more to relatively small local and community level charitable enterprises, buy from charity shops and donate online to crowdfunding projects. Men give to prominent non-profit organizations as a rule, and tend also to give to macro causes such as poverty and hunger alleviation, higher education (often as alumni), and human rights. Women necessarily give more to women’s and children’s causes than their male peers.

Crowdfunding: How Women and Men donate

When it comes to crowdfunding, donors of both genders are put on a level platform. Each gender has equal scope and opportunity to give, equal convenience, and similar positions of autonomy. Interestingly, gendered giving trends hold strongly even in the cyber crowdfunding space, with more women than men frequently using crowdfunding options to instill positive change in the world. It is heartening, in the world of today, to see how women of all ages and from disparate socioeconomic backgrounds give from faith and trust, hoping always for a better future.

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