The practice of communal giving to address people’s needs is an old tradition in many cultures across the world. In more modern times, this approach has influenced the desire to look within the community to share knowledge, resources, and strategies for tackling shared problems. Since the establishment of the first U.S. community foundation in 1914, Cleveland Foundation, community giving has become increasingly institutionalized around the world. Rather than helping one another as the need arises, community foundations pool together resources and in most cases, set-up endowment funds for grantmaking towards organizations delivering development programmes.
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