At this time of Thanksgiving and giving, many Cape nonprofits are reaching out to donors to encourage them to support the good work of their organizations.
One nonprofit that serves the Cape’s young professionals, Cape Cod Young Professionals, (CCYP) recently launched a Giving Circle so that CCYP members and sponsors could pool their donations and fund selected programs throughout the Cape that aid young professionals as they build lives on Cape Cod. These initiatives directly support CCYP’s mission.
CCYP’s take on Giving Circles is unique, however, as their giving circle actually benefits other nonprofits through direct grants, and creates awareness of the community work of these organizations. In 2016, CCYP’s Giving Circle gave back $10,000 during its first year to area nonprofits to fund specific initiatives that directly support CCYP’s mission. These included Cape Cod YMCA, We Can, Housing Assistance Corporation, Community Development Partnership and Cape Cod Community College. “People that become part of CCYP’s Giving Circle learn about many other nonprofits and their programs that may not have heard about these through each organization’s annual fundraising process,” commented Matt Cronin, CCYP Board Chair, and President of Boardwalk Business Group. “Over the past year, the creation of the CCYP Giving Circle has allowed us to collectively have a greater impact in our community. Through the donations of giving circle members, we’ve been able to invest in wonderful nonprofit programs within our community – from assisting women starting their own businesses, to supporting at risk youth to become the first in their families to attend to college, and from free fiscal health programs to online first-time homebuyer programs and the creation of a new community engagement speaker series.”
The impact of giving back to the community and Cape nonprofits has recently caught the attention of an anonymous donor to CCYP’s Giving Circle. CCYP received a $10,000 matching grant–facilitated by The Cape Cod Foundation–from an individual that was impressed by the impact the CCYP Giving Circle has already had in its first year. With this matching grant, CCYP is now actively soliciting donations from other individuals interested in funding causes that support young adults on Cape Cod. Giving Circle members typically commit to donating $10, $20 or $50 per month toward the fund. CCYP’s partnership with The Cape Cod Foundation has provided the necessary administrative infrastructure for CCYP’s Giving Circle, per Cronin. He emphasizes that utilizing a partner such as The Cape Cod Foundation that has the infrastructure in place is essential for CCYP to administer the giving circle.
Dara Gannon, Program Officer for The Cape Cod Foundation, commented about the Foundation’s role in helping CCYP’s giving circle efforts. “The Cape Cod Foundation is thrilled to partner with CCYP on the Giving Circle. This initiative supports CCYP’s mission by engaging members in the community. Through the giving circle process, we are creating informed citizens who are making funding decisions, collectively, on issues that affect them. By building permanent charitable resources and leveraging our community knowledge and grant making expertise, the CCYP Giving Circle is also supporting the Foundation’s mission. Together we are sustaining CCYP now and in the future, as well as growing the next generation of philanthropists and civic leaders on Cape Cod.”