What is a Giving Circle?
Giving circles are a relatively new trend in Australia as women and men realise the value of working with other like-minded people to pool their giving. They have been described as a cross between a book club and an investment group, creating a low-key environment to learn about and support social issues.
What are the benefits for participants?
Women involved in giving circles remark that they themselves are often the greatest beneficiaries with the opportunity to learn, share and grow as philanthropists and active community members. Participants of the Capital Giving have the opportunity to manage their level engagement in the giving circle, which provides flexibility for busy lifestyles. For the Community Giving circles bring value to the community in the form of increased philanthropic investment and well-informed, engaged social investors and volunteers. The giving circle model is appealing to individual donors due to the opportunity to multiply the effect of their donation by being part of a larger group. Capital Giving is established to support programs benefiting women and girls in the local ACT & Surrounding region.
How can I contribute?
You can contribute either financially and or with skills we require from time to time. There are three levels of financial contribution at $250, $500 or $1,000 per year. There is no obligation for you to continue beyond the initial 12 months, but of course we hope that you will. We also welcome one off larger donations. An example of skills required will generally be in the areas of promotion; media, social media and event management.
Growing our Group
Capital Giving also relies on our members to be our ambassadors, spreading the word among their networks. The snowball effect provides a larger pool of funds to donate back to community.
The founder of Capital Giving, Lesley Harris, undertakes her role in a voluntary capacity, and shares the costs of events and promotional activities. We are on the lookout for sponsors/partners who may be able to support us with these costs, so we would welcome your introductions to local business owners, who might like to hear more.
Why women and girls?
Our preference to support projects to advance opportunities for women and girls is due to evidence that investing in women and girls has a flow on effect to families, communities and the environment – therefore, we’re actually supporting men and boys too, just not as directly.
What are the types of initiatives that will be funded, and how will this be decided?
We’re about supporting projects that advance opportunities for women and girls in the ACT and local rural region. We are in the process of developing basic criteria that will be referred to when assessing what initiatives/organisations to fund. The Founders of the group will make the final decision on projects to be funded, however if members themselves wish to undertake research on local projects and become one of our ‘spotters’ they are certainly welcome to bring their ideas forward by contacting Lesley at email@example.com.
How do I make a donation?
Donations are made using a secure link on the Foundation for National Australian Women (NFAW) Website or manual donation forms are available on request. Please see our donate page for more detailed instructions.
Where are the donated funds held?
The funds are held by the NFAW, and donations we make will be distributed by them, however under the name of our preferred donor fund, Capital Giving.
Are donations tax deductible?
Yes, we are set up as a Preferred Donor Fund with the NFAW which allows for all donations to be tax deductible, as they have Deductible Gift Recipient (DGR) status with the Australian Tax Office. When donating, you will be emailed a receipt.
How much of my donation will reach the actual initiative?
There is small administration fee charged by the NFAW for the management of funds. Capital Giving itself does not have any overheads, meaning that over 90% your donation will go directly to the initiative.
Demonstrating the impact of your giving
Members will be provided with an annual report with financial information of the balance and transactions of the fund, with detail on the initiatives being funded. We also aim to provide opportunities for the recipients of the fund to share their stories on how the funds have made a difference.