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Giving Circles and Group Philanthropy

Giving Circles and Group Philanthropy

FromThe Nonprofit Show


Giving Circles and Group Philanthropy

FromThe Nonprofit Show

ratings:
Length:
31 minutes
Released:
Dec 7, 2023
Format:
Podcast episode

Description

Listen to this energizing discussion on increasing the impact of giving to nonprofits with two remarkable guests: Kim Tarnopolski and Lori Richter, who share insights into the world of giving circles and group philanthropy. Kim Tarnopolski, the Chief Community Builder of 100 Plus Women Who Care Valley of the Sun, shares her inspirational journey from a 20-year career as an HR executive to becoming deeply involved in philanthropy. She emphasizes the inclusivity of giving circles, saying, "Anybody can be a philanthropist. You don't have to give $1,000,000 to be a philanthropist." Lori Richter, Co-founder of 100 Who Care Alliance, hailing from Chicago, reflects on her transition into philanthropy after retirement and her role in founding a giving circle in North Suburban Chicago, now in its 11th year. She adds, "It's just a way of collecting resources and pooling resources to have a bigger impact." The conversation centers on demystifying the concept of giving circles. Kim shares that giving circles bring proactive giving into focus by empowering members to collectively decide where to allocate funds. Lori describes giving circles as "getting a group of people together so that they can pull their resources to have a bigger impact than they could have on their own." Both highlight the transformative effect of turning reactive giving into a more intentional and impactful process. Kim and Lori share the remarkable results achieved by their giving circles. Kim's group in Phoenix, with three sister groups, donated close to $1.2 million to local charities over nine years. Lori's suburban Chicago circle raises around $17,000 to $18,000 each quarter, making a significant difference for local nonprofits. Kim points out, "We're delivering $10,000 plus every quarter, and the beauty of it is we do that in one hour." Lori adds, "It's a way of collecting resources and pooling resources to have a bigger impact." When discussing ways to increase membership and attendance in giving circles, Lori suggests hosting separate happy hour events to foster social connections and engage potential members outside official meetings. Kim emphasizes the importance of creating an energetic atmosphere at events and leveraging the enthusiasm of existing members to attract new participants. She says, "It's the energy that you create at your event." To find or start giving circles, Kim and Lori recommend visiting the websites of organizations like 100 Who Care Alliance or Philanthropy Together. They encourage individuals to start their own circles if none exist in their area, offering resources and support to newcomers. Lori emphasizes, "You can play with this model 100 different ways and make it work for the universe that you're in." Their passion for community-led giving is evident throughout the episode and will inspire you to explore and join the world of giving circles. Watch on video: https://bit.ly/41eMdtvFollow us on the Twitter: @Nonprofit_ShowSend us your ideas for Show Guests or Topics: HelpDesk@AmericanNonprofitAcademy.comVisit us on the web:The Nonprofit Show
Released:
Dec 7, 2023
Format:
Podcast episode

Titles in the series (100)

The Nonprofit Show is the daily live broadcast where our national nonprofit community comes together for problem solving, innovations, and reflections to foster greater social impacts.  Each day the hosts and their guest experts cover relevant topics, from money to management to missions, with fresh thinking and ideas to help you and your nonprofit amplify your social impact and better achieve your mission, vision and values. //Join in with The Nonprofit Show Co-Hosts Julia C. Patrick, CEO of The American Nonprofit Academy and Jarrett Ransom, The Nonprofit Nerd and CEO of The Rayvan Group.   Watch or listen to The Nonprofit Show for new knowledge and amazing inspirations.  Connect with nonprofit and social impact experts from across the globe. More details . . . https://bit.ly/34yEYk1 //Signup to watch the Live video broadcast of The Nonprofit Show and receive a show time reminder: http://bit.ly/3nxnADf // The Nonprofit Show is a production of the American Nonprofit Academy http://bit.ly/2LsVonu