Do grants to charities crowd out other income? Evidence from the UK
James Andreoni,
A. Payne and
Sarah Smith
The Centre for Market and Public Organisation from The Centre for Market and Public Organisation, University of Bristol, UK
Abstract:
We present new evidence on the effect of grants on charities’ incomes. We employ a novel identification strategy, focusing on charities that applied for lottery grant funding and comparing outcomes for successful and unsuccessful applicants. Overall, grants do not crowd out other income but the effect of grant-funding is not uniform. Looking in more detail we show first, that the positive effects of receiving a grant can persist for several years post-award; second, that grants have a stronger positive effect for small charities; and, third, that grants may have a more positive effect when they provide seed funding.
Keywords: Charities; crowd out; grants; seed funding (search for similar items in EconPapers)
JEL-codes: H3 H41 H44 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2013-03
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
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Related works:
Journal Article: Do grants to charities crowd out other income? Evidence from the UK (2014) 
Working Paper: Do Grants to Charities Crowd Out Other Income? Evidence from the UK (2013) 
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Persistent link: https://EconPapers.repec.org/RePEc:bri:cmpowp:13/301
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