Giving circles growing in Central Texas: "Seven years ago, giving circles were an anomaly in Austin.
Back then, Impact Austin was one of the few such groups in the city. In typical giving circle form, its members got together, pooled their money and donated it to charity. Since then, the group has donated $2.6 million to area nonprofits.
But these days, Impact Austin isn't the only game in town. Since the group's 2003 inception, other giving circles have emerged, pouring hundreds of thousands of dollars into local charities."
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