Word: melstrom
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...about 400, according to a study by the Forum of Regional Associations of Grantmakers in Washington. Growth has continued since then: giving circles have donated $100 million over the past four years. And the ragged economy may be accelerating the trend. In Cadillac, Mich., Laurie Melstrom formed a giving circle in early October--just as the stock market was swooning. "This economic downturn has a lot of people breaking out into a sweat," says the 54-year-old homemaker. "Yet everyone said, 'Count me in.'" Individually, the group's 10 or 12 prospective members can't make much difference...
Members of Melstrom's group will contribute $500 annually and meet up to four times a year to decide on local charities to support with a grant--any cause its members deem worthwhile. For instance, Party with Purpose, in Hoboken, N.J., has raised more than $125,000 to fight Alzheimer's and help preserve the oceans. In Charleston, S.C., Chicks with Checks has contributed big bucks to battle breast cancer and support a local hospice...
| 1 |