Giving circles are a form of philanthropy where groups of individuals donate their own money or time to a pooled fund, decide together where to give these away to charity or community projects and, in doing so, seek to increase their awareness of and engagement in the issues covered by the charity or community project. Many circles, in addition to donating their money, also contribute their time and skills to support local causes.
Recent research found that that:
- Giving circles influence members to give more.
- Giving circles influence members to give more strategically.
- Giving circles members give to a wide array of organizations.
- Giving circle members are highly engaged in the community.
- Giving circles increase members’ knowledge about philanthropy, nonprofits, and the community.
- Giving circles have a mixed influence on members’ attitudes about philanthropy, nonprofit and government roles, and political/social abilities and values.