Giving circles allow friends, neighbors, families and people with religious, civil, cultural and other connections to learn about issues of shared concern and decide where to donate their money.
And this past April—when 82 members of dozens of giving circles in the U.S. met for two days in Seattle, Washington, to share stories, hopes and plans for building a stronger giving circle movement—women were leading the conversation. They are usually created by women and/or members of ethnic minority, LGBTQ or other marginalized groups—those who typically hold a lesser share of power and money in the U.S.—though many open their doors to anyone with common values.
“Giving circles are a major part of the future of American philanthropy,” Marsha Morgan, chair of the Community Investment Network said in a statement. “People are coming together, pooling their money, networks and expertise, and investing in the change they want to make in the world.” “There is a rich history of generosity and collective action in our diverse communities,” LCF CEO, Jacqueline Martinez Garcel, said. “We are learning to look to each other for investments, and that’s powerful.”
Fittingly, many women-centric giving circles took part in the spring event, including For Her: A Black Women Giving Movement for Black Girls, the Women’s Catalytic Fund, Dining for Women and the Inspired Women Paying It Forward Network, among others.
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