• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • Founder Stories and Low-Paid CEOs

    November 15th, 2012
    ea
    The default state for charities has been and still is that no one involved really knows how much good their program is doing. It's only recently that measuring the effect of charities has become at all practical, and there are still many causes (education, scientific research, existential risk reduction, ...) that we can't evaluate well at all.

    If you can't directly evaluate the effects of a charity you can instead try to approximate that by evaluating the people running it. The idea is that if they're committed and take the cause seriously then they're not going to waste your money. If someone is willing to run the charity for substantially below-market rates, that indicates they really care, while a CEO that requires compensation similar to what they'd get in the private sector could easily be just doing it as a job. A story about a person like you who when met with a case of overwhelming need felt compelled to help, founding this charity, indicates pure motivation.

    While these may be good things to look for when you're trying to keep being scammed (though they're pretty easy to fake, especially the founder story) the problem isn't primarily avoiding scammy charities. Two founders, equally committed, with excellent stories and willing to work for little on donated equipment, may have a huge difference in what they can achieve with your money. Not because one founder is better, but because one approach is better. (See 1000x variance: seeing eye dogs vs cataract surgery.)

    If the effects of charities vary dramatically in a way you can externally verify, it doesn't make sense to focus on the people running them.

    (If we limit our scope only to charities that do very well on the aspects we can measure, however, should we go back to trying to figure out whether the founders have their hearts in the right place? Should we evaluate the people? Is my impression correct that founders/CEOs willing to work for below market rates, in effect donating a portion of their salary to their charity, tend to do better work?)

    Comment via: google plus, facebook, r/smartgiving

    Recent posts on blogs I like:

    Moral aesthetics

    “Doing good” differs by subculture The post Moral aesthetics appeared first on Otherwise.

    via Otherwise September 29, 2022

    Futurist prediction methods and accuracy

    I've been reading a lot of predictions from people who are looking to understand what problems humanity will face 10-50 years out (and sometimes longer) in order to work in areas that will be instrumental for the future and wondering how accurate thes…

    via Posts on September 12, 2022

    On the Beach

    I really like going in the water and this beach is a great place for building sand castles and boogie boarding. I also like trying to float on top of big waves. I'm not very good at it. I only float on the flat waves.

    via Anna Wise's Blog Posts July 12, 2022

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact