From the Council on Foundations
Emerging Issues: Philanthropy: Giving Circles: Past, Present, & Future: "Giving Circles: Past, Present, & Future
Giving Circles have emerged as a popular form of grassroots philanthropy. These are groups of individuals that pool their money and jointly decide how and where the money will be donated. Beginning in the early 1990’s, they are a way for people of all ages, backgrounds, and income levels to take an active and directed approach in their philanthropy. Women have been especially active through this mode of philanthropy"
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