Copying over my thoughts from a recent comment thread (mostly because of the links to existing resources):
I think matching fundraisers tend to generally be dishonest by overstating the counterfactualness of a matching fund. See this old post for a lot of the standard arguments for that: https://forum.effectivealtruism.org/posts/a2gYyTnAP36TxqdQp/matching-donation-fundraisers-can-be-harmfully-dishonest
My response made some general points that I wish were more widely understood:
- Pitching matching donations as leverage (e.g. "double your impact") misrepresents the situation by overassigning credit for funds raised.
- This sort of dishonesty isn't just bad for your soul, but can actually harm the larger world - not just by eroding trust, but by causing people to misallocate their charity budgets.
- "Best practices" for a charity tend to promote this kind of dishonesty, because they're precisely those practices that work no matter what your charity is doing.
- If your charity is impact-oriented - if you care about outcomes rather than institutional success - then you should be able to do substantially better than "best practices".
See also this Jeff Kauffman post: https://forum.effectivealtruism.org/posts/hQtayqi3r6bo3EPoh/the-counterfactual-validity-of-donation-matching
Or this old GiveWell post: https://blog.givewell.org/2011/12/15/why-you-shouldnt-let-donation-matching-affect-your-giving/
You might find helpful the existing discussion on the topic that you can find with the tag here, which I also added to this post.