-by Andy Ho
With leadership from Asian Americans/Pacific Islanders in Philanthropy (AAPIP), giving circles are increasingly a vehicle of choice for Asian American giving. AAPIP describes this as
"Giving Circles are neither a substitute nor a stand-in for foundations and institutional philanthropic investment. Instead, Giving Circles represent both an opportunity and an open invitation to foundations—to invest significantly in community philanthropy as a strategic path to increasing philanthropic capital to our communities and in moving individuals to act on their own philanthropic initiative."
Three giving circles in the DC area gathered together Monday to celebrate their common goal of giving back and making a difference in the local AAPI community.
- Cherry Blossom Giving Circle
- MASALA Giving Circle
- Rainbow Dragon Fund
The MASALA Giving Circle and the Rainbow Dragon Fund are new and are joining the expanding network of Asian American Giving Circles through the leadership of AAPIP. MASALA is focused on the South Asian community (Mid-Atlantic South Asians Leveraging Assets), while the Rainbow Dragon Fund seeks to give back to the AAPI LGBTQ community. The Cherry Blossom Giving Circle, now in its third year, continues to give back to nonprofits serving the AAPI community. The giving circle also announced its latest request for proposals for this year's round of grantmaking.
Over 65 people came out to support the event and to network with others. It is very exciting to share the growing vision and passion of giving circles making a difference in the AAPI community. We live a shared experience, we have a shared passion, we have a shared community.
This weekend, AAPIP is hosting leaders from the 17 AAPI giving circles in San Francisco for a weekend of planning and learning to further the influence of giving circles. It's exciting to be part of this growing movement and yet another way philanthropy is making a difference in the communities we care about.