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Great idea and I wish you all the best. Assuming this becomes very successful, what effect will this have on new non-profits if most people adopt this approach
by a_w 10y ago
Great idea and I wish you all the best.
Assuming this becomes very successful, what effect will this have on new non-profits if most people adopt this approach? Will it make it difficult for them to raise funds?
- colophonemes 10y agoThanks! Ideally this makes it significantly easier for effective non-profits to raise money. We're not locking in the set of organizations we fund. Being flexible about which cause you support at any given time, given the available facts is a core part of effective altruism. We're especially excited about funding new nonprofits that seem like they're going to be able to have a big impact, because at the moment they can spend north of 30-40% of their time fundraising (which, especially when they're new, would be time better spent on validating their programs and scaling up).