“Funding Circles: An AIM Guide to improving donor coordination” by Joey 🔸, Judith

Funding circles represent a simple yet powerful way to improve donor coordination across cause areas. We at AIM Grantmaking have recently published a Funding Circles Guide, explaining when they can be useful, what constitutes a good funding circle, and how to start one. Who this is for: We invite funders to have a read and consider joining an existing circle or setting one up in their preferred cause area to improve coordination in their field, facilitate decision-making and comprehensive coverage, and save time and effort on streamlined application processes for both applicants and funders. Background: In writing this guide, we relied on our experience setting up five AIM Funding Circles over the past year, focusing on diverse areas like global health & development, mental health, animal welfare, meta, and seed stage charities. Potential next steps: If you're interested in learning more about funding circles or discussing how they might [...] ---Outline:(01:25) Purpose of a funding circle(03:59) Key Components of a Funding Circle(04:10) Membership Criteria(05:39) The Circle's Grantmaking Process(06:49) Examples from the Field: Funding Circles in Action(07:29) Lower Coordination Examples(07:57) Mid-Level Coordination Examples(08:25) Higher Coordination Examples(09:08) Starting Your Own Funding Circle(10:12) A Default Structure for Funding Circles(11:50) Tips for Running a Great Funding Circle(12:02) What Works Well(13:31) What Hasnt Worked Well(14:42) Areas with Mixed or Unclear Results(15:32) ConclusionThe original text contained 1 image which was described by AI. --- First published: October 23rd, 2024 Source: https://forum.effectivealtruism.org/posts/vifXRWZsHJYdSB5d2/funding-circles-an-aim-guide-to-improving-donor-coordination-2 --- Narrated by TYPE III AUDIO. ---Images from the article:Apple Podcasts and Spotify do not show images in the episode description. Try Pocket Casts, or another podcast app.