• Posts
  • RSS
  • ◂◂RSS
  • Contact

  • Money vs Talent: Ratios

    August 3rd, 2013
    giving  [html]
    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:

    High Costs are not About Scarcity

    I sometimes see a claim in comments here or on social media that the reason American costs are so high is that scarcity makes it hard to be efficient. This can be a statement about government practice: the US government supposedly doesn’t support transit …

    via Pedestrian Observations January 25, 2021

    Valentines

    Today I made valentines. I made fruit valentines. There were orange fruit valentines, and grape fruit valentines, watermelon fruit valentines, and pineapple too. I made them for my classmates and teacher. They had a little jokes or puns on the back. The j…

    via Lily Wise's Blog Posts January 23, 2021

    Fireside Friday, January 22, 2021

    It’s the first week of classes, so fireside this week. Next week, we’ll dive into a short series looking at the question of the ‘universal warrior,’ the idea – too often repeated – that there is either a single consistent experience or personality true to…

    via A Collection of Unmitigated Pedantry January 22, 2021

    more     (via openring)


  • Posts
  • RSS
  • ◂◂RSS
  • Contact