A giving circle is a formal or informal voluntary participatory group of individuals and/or entities that come together to volunteer their time or donate money and/or resources to an agreed upon charitable cause.
Launching a giving circle can be a great way to bring together a group of people who are passionate about supporting a particular cause or community.
- Define the purpose and goal of every giving circle.
- Only recruit members who share similar interests.
How to Start a Giving Circle
It is quite easy to launch a giving circle. Here are some suggestions to get you started.
1. Define Your Purpose and Goals
Before launching, it’s important to define your purpose and goals. What issues or causes do you want to support? What outcomes do you want to achieve? Having a clear purpose and goals will help guide your decision-making process and keep your giving circle focused.
2. Determine The Structure of Your Giving Circle
Giving circles can be structured in different ways. Some are informal and have few rules, while others have formal bylaws and require regular meetings. You’ll need to decide what kind of structure works best for your group. Consider areas like the number of members, how decisions will be made, and how funds will be collected and distributed.
3. Recruit Members
Once you have a clear purpose and structure in place, it’s time to recruit members. Reach out to friends, family, and colleagues who share your values and may want to participate. You can also leverage social media, community bulletin boards, and other platforms to spread the word about your circle.
4. Build Relationships With Organizations
To make the most impact, you’ll need to build relationships with organizations that align with your purpose and goals. Reach out to local charities and non-profits and ask how your circle can support their work. Consider visiting the organizations in person and meeting with their staff to better understand their needs.
5. Communicate And Collaborate
Communication is the key to the success. Be sure to establish regular meetings and set up a system for communicating between meetings. Encourage members to share their ideas and opinions and work collaboratively to make decisions. Remember that everyone’s time and resources are valuable, so be respectful of each other’s schedules and priorities
You can commemorate the beginning of your giving circle by taking these actions. Also, remember to recognize and appreciate the hard work of everyone involved.
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