• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • Money vs Talent: Ratios

    August 3rd, 2013
    ea
    GiveWell has eight full time employees and has identified good charities with room for around $25M for additional annual funding. [1] Naively this is $3M of giving opportunities per employee, but most of the identification and investigation of these charities was when GiveWell had fewer employees, so maybe $5M is a better guess. Earning to give I can move about $50K/year to their recommended organizations. $5M is 100 times $50K, so very roughly this indicates you want about 100 times more people earning to give than researching charities.

    People who want to do whatever most improves the world still have varying preferences and talents, so I suspect that fewer than 99 out of 100 prospective effective altruists would like going into earning to give. This suggests that people on the fence should lean towards the "make money, give money" approach.

    (This is very rough and ignores a lot of issues, but is an attempt to get the scale of things.)

    Update 2015-08-20: This overlooks that people earning to give aren't the only source of funds. Foundations etc have a lot of money. It also ignores that GiveWell's recommendations are based off the work of a lot of development researchers, which I'm not counting.


    [1] This is my estimate from reading their "room for more funding" analysis on each of their top charities. They tend not to give a specific number, but an upper bound. They also don't mention annual vs total numbers, but a lot of their limits are based on how much money the charity currently has experience handling and not the size of the problem. (AMF, GiveDirectly, SCI)

    Comment via: google plus, facebook

    Recent posts on blogs I like:

    Be less scared of overconfidence

    deferring to markets • deferring to experts • deferring to low-information heuristics • why they fail • blindness to outliers • what to do instead

    via benkuhn.net November 30, 2022

    Corncob Dolls

    I went to a farm and at the farm I got to see a corncrib and the corn that had fell out of the corncrib that no one wanted I got to use my fingers to take off the corn kernels and once the cobs were empty I put them in a bag and then once I got back to the…

    via Anna Wise's Blog Posts November 7, 2022

    Light Switch

    When I got my loft bed it was just so annoying every morning to have to get out of bed, climb down the ladder, turn the light on, and climb back up, just so I could see stuff. I decided to make a string for my light switch because I really wanted to be abl…

    via Lily Wise's Blog Posts November 7, 2022

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact