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)

Referenced in: More Giving vs Doing

Comment via: google plus, facebook

Recent posts on blogs I like:

Solution-Focused Brief Therapy

Look! A therapy technique people don't already know!

via Thing of Things May 14, 2025

Workshop House case study

Lauren Hoffman interviewed me about Workshop House and wrote this post about a community I’m working on building in DC.

via Home April 30, 2025

Impact, agency, and taste

understand + work backwards from the root goal • don’t rely too much on permission or encouragement • make success inevitable • find your angle • think real hard • reflect on your thinking

via benkuhn.net April 19, 2025

more     (via openring)