Giving circles are one way for people to organize and pool their time, talent, and treasure collectively, and redirect these collective assets strategically to benefit their community. It is important to note that although giving circles are garnering most of the attention as a giving trend within the field of philanthropy, we see other forms of collective giving take place in communities, fueling the demographic transition. They are just as effective and are based in deep historical and cultural traditions. These collective giving models include hometown associations, mutual aid societies, fraternities and sororities, or organized giving through faith or religious practices.