In light of the 2020 Global Trends in Giving Report, a survey involving 15,285 participants indicated that 1817 individuals refrained from charitable donations in the past year. Financial constraints (42%) and a lack of trust in organizational spending (12%) were cited as primary concerns. Nonprofits like Be Humanitarian, striving to address malnutrition and education issues in Guatemala, face challenges due to these trends. To counter these concerns, the concept of giving circles emerged. But what exactly are they, and how do they operate? According to Philanthropy Together, a giving circle is a collaborative approach to philanthropy maximizing group donations. People with shared interests, concerns, or backgrounds unite to support causes that matter to them. At Be Humanitarian, sponsors contribute $15 or several hundred dollars monthly, demonstrating the versatility of giving circles. Even modest amounts can collectively make a substantial impact.
Joining a giving circle empowers individuals to effect change, enhance their impact and knowledge, enjoy the process, and connect with their local community. We firmly believe that even those claiming financial constraints (42% of respondents) can contribute positively through a giving circle. Here are four reasons to consider joining.
- Make a Meaningful Impact with Your Contribution
Giving circles foster philanthropic synergy, combining networking opportunities, social connections, and informed decision-making to create a deeper engagement with your community. Beyond supporting causes, this approach allows for significant impact and collective wisdom.
Be Humanitarian initiated its breakfast program without sponsors and expanded to lunch and educational sponsorships as sponsors joined. The kindness of contributors, regardless of their donation size, has significantly impacted lives.
- Forge Bonds with Like-Minded Philanthropists
Giving circles focus on proactive change and engagement rather than mere charity. Participants from diverse backgrounds unleash the power within their communities, fostering engagement through both financial contributions and volunteerism. Be Humanitarian, run by a volunteer board, welcomes new energy and ideas to serve its Guatemalan community.
- Proactive Learning Experience
Engage in a proactive learning experience through giving circles, gaining in-depth knowledge of communities and causes. Understand local and global nonprofit work, the challenges organizations face, and the impact they make. Be Humanitarian invites local volunteers to fundraisers and encourages out-of-state volunteers to host events to share insights and experiences.
- Empowerment Through Active Involvement
Joining a giving circle is both interesting and thrilling, offering a fun and fulfilling endeavor through communal giving and direct involvement in investments. Pooled funds enable support for large-scale projects that may seem daunting to individuals. Be Humanitarian’s goal to raise $250,000 for a community volunteer center exemplifies how collective contributions can overcome seemingly insurmountable challenges.
In conclusion, a 2009 study on giving circles highlighted their positive influence on engagement, knowledge, and attitudes toward philanthropy and civic life. Members tend to give more strategically and broadly, impacting overlooked groups. The combined impact of individuals sharing a vision can be transformative for the world.
