Crossposted in r/EffectiveAltruism if anyone wants to look at more responses.
I've entirely donated to GiveWell's discretionary fund thus far, but now I'm looking to broaden my donation portfolio with criminal justice reform and x-risk.
Looking at Open Philanthrophy's process of grantmaking, it looks like they fund an ecosystem of organizations working on a cause and their capital enables them to accomplish that.
Are small donors able to take the same approach? Or is it better for us to donate to one organization indefinitely, given the small magnitude of our donations (e.g. $200 per month)?
I like the idea of an ecosystem approach since you're donating to where the ecosystem of a cause has the most need. Thus, your dollars will do the most good within that cause.
For example:
- Org A is tackling the most pressing need in the ecosystem right now, so let's donate there.
- After 2 months, the most pressing need changes and Org B is tackling that, so now let's donate there instead, because our dollars would do the most good there rather than Org A.
Whether a small donor takes an ecosystem or a single org approach, how do they determine which org to donate to? I know that 80k recommends people to 'top up' the funding that Open Phil grants. To highlight an example they give:
If you’re interested in giving to support pandemic preparedness, you can get a list of all their grants in that area, read through some recent ones, and donate to an organisation you find attractive and which still has room to absorb some more funding.
This is my interpretation of Open Phil's ecosystem approach and I only heard about them last week, so please correct me if this isn't correct.
The problem for me is how do I know which organization is doing the most good in a cause area? And how do I keep tabs on that?
For global health, GiveWell provides all of that, so I defer to them by donating to their discretionary fund every month.
With criminal justice reform and x-risk, the seemingly best deferral option is Open Phil - which is ... (read more)