Some charities now offer a less cumbersome and more affordable version, called a "pooled common fund," which is a collection of smaller funds set up by many people.
This is the group's version of a so-called advised fund, a type of pooled common fund in which donors recommend the groups that receive grants.
Finding Texas land too expensive, they opted for 160 acres (647,497 square meters) in the Southern Arizona desert, which they bought with $1,400 in pooled funds.
Our segregated management service and wide range of pooled funds enable us to meet the needs of organisations of all sizes.
In New York, such pooled funds are staples of Trinidadian immigrant communities, and, with variants, of many other immigrant groups.
The statement also noted that US$ 3.8 million had already been allocated to the response from a local pooled fund.
One solution would be a pooled fund from which loans would be made, to which all suppliers contribute.
ALL the children in the target community benefit from the pooled fund of sponsorship money.
There are also several pooled funds that combine various pieces of the family fortune.
Research and promotion can be financed with pooled funds.