The concept of collective giving is very simple, but yet very powerful.  Like many things in life, doing things together is so much more fun and meaningful than doing things alone.

Donors do not need a large sum of money to make a significant difference in the world because of collective giving. They only need to be a part of something bigger than themselves. Giving circles are springing up all over the world as a way for donors to achieve their philanthropic goals by pooling their resources. This amount comes from regular social networks of friends, family, neighbours, or other like-minded people who pool their resources to have a greater impact.

Collective giving is regarded as a form of “new philanthropy” – giving that places a premium on responsibility and entrepreneurship. A giving circle is a group of people who meet to fund and distribute resources, educate members about philanthropy and community issues, include a social component, engage members, and remain independent of non-profit organisations.

Since its launch in 2019, Oktion has assisted numerous not for profits and charities in raising funds. Giving circles and donor circles are gaining traction at a time when software like Oktion is king. It’s fascinating to see how technology has altered the concept of donating and fundraising. This is a new type of fundraising group that appeals to donors of all ages.

• Collective giving increases diversity. By lowering the entry point for collective giving, you also lower barriers to philanthropy. This allows donors of all ages and income levels to participate in doing good for their community and creates new opportunities for underrepresented groups to participate in philanthropy

2.Collective giving fosters cooperation. Collaboration can take many different forms. Collaboration among donors who band together to make a difference happens when they take part in collective giving, but it also happens when more grant money becomes available to regional non-profit groups so they may carry out long-term impactful work.

3.Collective giving strengthens democracy. The fact that grant decisions are made by a wider group with more donors having a say in how those grant money will be used is one of the defining characteristics of communal giving activity.

4.Collective giving strengthens ties. More donors will be able to engage with the community and other donors in fresh and deeper ways by lowering the cost of participation.

The game is fairly straightforward. You’ll need to amass a diverse collection of one-of-a-kind Christmas and summer experience gifts, most likely in the form of gift certificates. On Oktion, you can buy them or request donations.

Giving circles share all of these characteristics, though their function and structure can vary depending on member preferences. They can be run entirely by volunteers, have professional staff and/or corporate sponsors, be part of a community foundation, or be composed of a large or small group of friends, all while using Oktion. Oktion is for individuals and organisations looking for a quick and inexpensive way to collect money and solicit fundraising donations.

Giving circles, in whatever form they take, transform collective giving into collective action for the good of the community by increasing the amount of money going into philanthropy and the number of knowledgeable, active donors. Keep up with your collective giving while on the go with Oktion, and let us automate the entire process for you!