The Giving Circle (based on The Funding Network, UK model) creates a community of donors, who are interested in various philanthropic causes and looking for direct contact with organizations, seeking funding. The Giving Circle meets periodically (2-4 times a year) in order to raise funds for preliminary selected projects, which are presented in front of the donors by the organizations that are going to implement them. In the period May 2012 – August 2013, the community foundations in Bulgaria hosted 10 meetings of giving circles in total, organized in Burgas, Gabrovo, Ruse, Stara Zagora, Varna and Yambol. The total amount raised by them was BGN 129,070, and it was used for financing of 41 local projects.


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