May 31, 2007

Donor 'Giving Circles' Awarded $13-Million in Grants to Charities Last Year, Report Says

By Elizabeth Schwinn

By Elizabeth Schwinn

Groups of people around the country who pool their contributions and then decide collectively how to donate them gave an estimated $13-million to charity in 2006, according to a new report.

Over all, such "giving circles" have raised a total of about $88-million. Most of the money has been donated since 2000, according to the latest research, which was conducted last year and this year by the Forum of Regional

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