DENVER – On May 15th, over a dozen African American men launched the Denver African American Philanthropists (DAAP), a giving circle that is the first of its kind in the nation’s west. The group is comprised of men from all ages and backgrounds that bonded from a love of community and a strong desire to give back. A giving circle is a philanthropic vehicle where individuals pool their monies and time, and decide collectively where to give them away.
The group has worked with the Denver Foundation over the past several months to develop the fund, which will be housed at the Foundation, where their contributions will be pooled. They have also consulted with LaDawn Sullivan, Associate Program Officer for the Foundation‘s Strengthening Neighborhoods Program, among other staff, to develop a good working structure and to begin determining their long-term goals. The Foundation administers well over 900 donor funds, but none are quite like this.
“We are heartened that these men have forged a bond in the interest of the community,” said David Miller, President and CEO of The Denver Foundation. “We believe that philanthropy is not about wealth, it’s about giving, and we hope that more people will come to realize that each of us is capable of playing a role in shaping the community in a very significant way, and that The Denver Foundation is here to support each person’s philanthropic goals.”
Posted By: Elynor Moss
Tuesday, May 22nd 2012 at 3:07PM