Giving Circles

January 9, 2011 at 8:38 PM

In the Denver Post, philanthropic adviser Bruce DeBoskey outlines how to form a “giving circle.” Much like investment clubs, these are ways for average people to pool money and work together to grow it and give it away.

An estimated 800 giving circles donating millions of dollars to charity are now active in the U.S… [They are] a fun way to engage people in a common purpose to gain understanding of pressing issues, learn about philanthropy, and give back to local or distant communities to address critical problems.

Actually, this ups the ante considerably: you have all the decisions of an investment club, plus the added responsibility to define and agree on a mission and find grantees to effect the changes you seek. A group of like-minded people could turn this into a powerful community resource.

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