I've always been a proponent of donating those old magazines to doctors offices, dialysis centers, cancer treatment facilities, dentists, and boys and girls clubs. Any place where you have a semi captive audiance.
A good way to attract new members to your club is to place a label on the cover "Donated by (Name of Club)" . Be sure to provide meeting location and time.
Which reminds me, its time for me to do that myself, fortunately my neighbor is one of the physicians at several of the area dialysis centers.