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For many years now, largely undemocratic, white-led foundations and wealthy donors may have been supporting good work, yes, but in doing so, were also increasing their influence on society through their donations to nonprofits. Giving has never been equitable in the US—those who have more have greater capacity to give, after all—but over the past two decades, the concentration of giving has increased dramatically...

https://nonprofitquarterly.org/can-giving-circles-democratize-phila...