The article focuses on the giving circle or a form of philanthropy that allows donors to put hundreds or thousands of dollars into a pool of funds in an effort to have a bigger social impact in the U.S. It a mentions a May 2009 study which discovers that more than 100 million U.S. dollars worth of endowments are given by about 600 giving circles in the country. It claims that there are various structures of giving circles including small, informal groups actively involved in volunteer works and large groups managing finances and administration. It also describes the Silicon Valley Social Venture Fund (SV2) which is a type of giving circle that has a donor-advised fund at the Silicon Valley Community Foundation.
