cleveland colectivo pools its money to help small businesses

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Judy Wright knows that there is strength in numbers. That’s the idea behind the Cleveland Colectivo, which has been getting together and raising money for good causes around town for the past seven years.

“We are a giving circle, which means we are a group of people who pool our money and then give it out collectively,” explains Wright. The Colectivo was founded by Wright and a group of friends working in the non-profit sector who wanted to make a difference but didn’t have the funds independently to make an impact.

But collectively, the group of about 30 people have made quite a difference. The group has raise $80,000 since its start, and has given the money raised to a wide spectrum of causes and organizations. “We made a specific decision not to have any theme,” says Wright. “We have the freedom to give to individuals, non-profits or small businesses.”

The Colectivo’s grants range from $500 to $5,000 and have gone to support anything from parent support groups to arts organizations to community development projects. “Our goal is to find champions to support,” says Wright. “You don’t have to be a millionaire to be a philanthropist. Our goal is to make philanthropy accessible and active.”


Source: Judy Wright
Writer: Karin Connelly

Karin Connelly Rice
Karin Connelly Rice

About the Author: Karin Connelly Rice

Karin Connelly Rice enjoys telling people's stories, whether it's a promising startup or a life's passion. Over the past 20 years she has reported on the local business community for publications such as Inside Business and Cleveland Magazine. She was editor of the Rocky River/Lakewood edition of In the Neighborhood and was a reporter and photographer for the Amherst News-Times. At Fresh Water she enjoys telling the stories of Clevelanders who are shaping and embracing the business and research climate in Cleveland.