RSF Launches Arts Shared Gifting Circle in Los Angeles
In the past four years RSF has been experimenting with a new model of giving called Shared Gifting. Shared Gifting aims to transform the power dynamics in philanthropy by giving the decision making authority for grant funds to the non-profits who will receive them.
Previously RSF has facilitated this process with organizations focused on sustainable food and agriculture. However, in January of 2015 we will be hosting the first Shared Gifting circle focused on the Arts!
In order to determine where to host Shared Gifting circles, RSF looks to our borrowers who are our partners in the field. RSF supports two wonderful borrowers in Los Angeles; LA Stage Alliance and 18th Street Arts Center. We worked with both of these organizations, as well as our community of grantees, donors, borrowers, and investors, to identify great non-profits working to provide services to the arts community in Los Angeles.
We are excited to announce the participants of Shared Gifting Los Angeles:
- 18th Street Arts Center
- Arts for LA
- California Lawyers for the Arts
- Center for Cultural Innovation
- LA Stage Alliance
- Latino Arts Network
Representatives from these organizations will participate in a full day meeting to distribute $50,000 in grant funding through a collaborative process in which the grantees will become grantors to each other. To learn more about the Shared Gifting process please visit our website at:http://rsfsocialfinance.org/services/donors/shared-gifting/
We are excited to be working with these organizations and look forward to sharing our experiences from the Shared Gifting meeting!
