Site icon Personal Finance News

Global Impact Democratizes Philanthropy Through Growfund

An anonymous writes: “Global Impact, whose mission is to build partnerships and resources for the world’s most vulnerable people, announced the launch of Growfund—an online, community-based charitable giving platform. Growfund is a donor-advised fund that operates like a personal foundation or a 401(k) plan. Contributions can be saved or invested, grown over time and granted to the charities and causes that matter most to the donor. Unlike other donor-advised funds that require sizeable contributions before the funds are invested, Growfund contributions can be invested with the first dollar.” (charity.org)

Exit mobile version