(first of two related articles)
Giving is supposed to help you fulfill your dreams. The
money you give to others should help realize your goals for
creating a better world.
For years, one of the main things we emphasize in our work
with donors is helping them find a cause that fits their passions.
But in recent years we've been seeing a new breed of donors--particularly
those in their 30s and 40s--who are finding creative new ways
to realize their passions.
Older generations of givers were largely content to write
a check and leave the details up to the professionals who
run the big international charities and supposedly know best
where the money is needed.
Not today's new donors. For many of them, the check ISN'T
in the mail. Rather, they are putting their money to work
locally and using it to do things that give proven, demonstrable
results.
There's a donor in his early 30s we'll call Kevin. A businessman
who lives in the south, Kevin--along with his circle of close-knit
friends--could serve as the poster boy for the emerging trends
that are currently transforming the world of philanthropic
giving and that promise to revolutionize the way people will
share their resources throughout the rest
of this century.
Like most Gen-Xers, Kevin places a premium on friendships
and community, and the core values play an important role
in how he gives.
About five years ago, he and nearly a dozen of the folks
he went to high school with in Tennessee formed a GIVING CIRCLE,
which is a small, informal and flexible means for group members
to share their lives with each other and their wealth with
people who need it.
"I feel like I've been given about 12 friendships I
need to be focused on in my life," says Kevin. "I
feel a responsibility to grow old with these people.
"We were all trying to figure out ways to stimulate
and stir the relationships on a day-to-day basis, and we thought
it would be a great idea to put some of our money together
into a common pool and set some criteria for the way we would
give it. We thought this would be a good way to be a part
of something together, and to have some accountability for
our giving."
The 12 couples involved in the giving circle are made up
of workers in a wide range of occupations: three are businessmen,
but the group also includes a doctor, a veterinarian, a school
teacher, a college professor, an artist, a film maker, and
two pastors.
The circle members don't all have the same income levels,
but that doesn't matter. Everyone is required to chip in at
least one percent of their annual income, and most contribute
much more.
Disbursements from the fund are handled in a relaxed and
low-key manner. If three of the couples agree that a project
should be funded, the circle gives whatever is needed, up
to $1,000. For grants of more than $1,000, five couples must
support the grant.
"The focus of giving areas is wide open as long our
people believe in it," says Kevin.
The people in Kevin's group have found a way to give that
is perfectly tailored to their values, beliefs, and passions.
Have you taken the opportunity to understand your giving goals
and values yet? With a little effort you too can have the
same experience that Kevin and his friends have personally
attained - increased satisfaction, participation, and the
overall feeling of excitement in their giving.
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