Have you ever considered how your small contribution could spark significant change in the world?In this episode, Sara Lomelin, the founding CEO of Philanthropy Together, joins us. Her dynamic organization is on a mission to democratize and diversify philanthropy globally. Sara discusses the positive impact of collective giving, breaking down barriers to traditional philanthropy, and cultivating inclusive communities that drive meaningful change.
Join us as we learn about stories of impact, the rise of collaborative funds, and the urgent call to action to join the movement.
[00:00 - 12:15] The Global Movement Towards Inclusive Collective Giving
Sara Lomelin, who leads Philanthropy Together, actively strives to democratize global philanthropy using various methods.
Giving circles and collaborative funds are both models for fostering community-based and high-net-worth donor philanthropy.
Challenges include global variations in fund management platforms and post-pandemic struggles for member engagement.
The rise of diverse giving circles and collaborative funds is reshaping philanthropy by supporting grassroots organizations and fostering civic engagement.
Philanthropy Together serves as a vital bridge, supporting smaller nonprofits and fostering a sense of community in global philanthropy.
[12:16 - 28:10] Bringing Collective Giving Back to Philanthropy
Giving circles provide an avenue for collective giving, fostering community engagement, and breaking down power dynamics.
Collective giving involves contributing the 5 T’s and fostering community engagement.
It's crucial to track the impact of informal generosity, challenging the conventional focus on monetary donations to established nonprofits.
Giving circles empower communities, fostering equity and justice in philanthropy.
Seed funding from these circles sparks significant growth for underfunded groups.
[28:11 - 30:08] Closing Segment
Check out the links below to connect with Sara!
Resources Mentioned:
https://www.dasra.org/resource/landscape-of-philanthropic-foundations-in-india
https://www.givingtuesday.org/
Connect with Sara!Website: https://philanthropytogether.org/
LinkedIn: https://www.linkedin.com/company/philanthropy-together/
Facebook: https://www.facebook.com/PhilanthropyTogether/
Twitter: https://twitter.com/phil_together?lang=en
Instagram: https://www.instagram.com/philanthropytogether/
Give with Greater Impact.Connect with visionary nonprofits that are working on society’s toughest challenges but are historically underfunded. Giving Compass guides donors toward the latest insights, strategies, and volunteering opportunities to create lasting social change. Connect with us at www.givingcompass.org
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Quotes:
"All the money in the world won't save us. Beloved communities will. Collaborative funds and giving circles tilt towards equity, shifting power to community-led decision-making." - Sara Lomelin
"In collective giving, we're not just moving dollars; we're creating an ecosystem of power, love, and joy that can transform a community." - Sara Lomelin