Growfund Aims to “Democratize” Philanthropy
March 16, 2016Devex
On Tuesday, Global Impact launched Growfund, a new platform aimed at “democratizing” philanthropy by giving donors of any income level access to a tool commonly used by foundations and wealthy givers: the donor-advised fund. The new tool allows anyone to put money into their own Growfund account and begin giving donations as they choose, something Global Impact describes as akin to having a personal foundation. More