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Giving Circles in Cross-Cultural Context, from Felicia Herman

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In this blog post by Felicia Herman, written for Philanthropy New York, the power of giving circles to bridge cultural gaps is explored.

Felicia writes: "By banding together and formalizing — even professionalizing — their giving, people new to philanthropy can use giving circles to leverage each other’s financial contributions for greater impact, access the “wisdom of the crowd” to strengthen their decision-making, and uncover new and innovative grantees through a process of strategic and proactive philanthropy that is often difficult for the individual giver to access."