I wish to redistribute £100k I have inherited and have come up with the idea of recruiting a group of strangers in my city to decide which causes and charities the money should go towards.
The plan is for 12-15 participants to be selected at random from the electoral roll. They will take part in roughly eight hours of facilitated discussion over a period of a few weeks, after which they will be asked to agree or vote on a number of one-off donations towards charitable causes. The scope of this will be unrestricted - the funds could go towards local, national or international projects - except that people will not be able to benefit from the money directly. The participants will be remunerated for their time.
I am working with experts on philanthropy and deliberative democracy to design the process. The participants will be introduced to EA concepts (such as cause prioritisation and GiveWell) as part of the deliberation, although it is not an explicitly EA-aligned initiative.
I think it will be an interesting exercise in democratic decision-making and reveal something about 'ordinary people's' attitudes to philanthropy. The participants will be asked whether they believe it to be a valuable and/or rewarding experience to take part in. We will ensure that the process is publicised and that learnings from it are recorded.
I'm interested to hear the community's reactions to this idea and to know whether anything similar has been tried. (I'm aware of Giving Circles and of the EA Equality and Justice Project which ran a few years ago in the UK.) It will cost around £5k to administer the project, including facilitation and room hire. If anyone would be interested in supporting this, please let me know.
UPDATE: this project is due to launch in the summer of 2023 and has a website here: wealthshared.co.uk.