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> Disadvantage of charities is that only approximately 10% of donated money are making it directly to the cause. 93% of a donation to GiveDirect will end up in
by IanCal 13y ago
> Disadvantage of charities is that only approximately 10% of donated money are making it directly to the cause.
93% of a donation to GiveDirect will end up in the hands of the recipient.
> Disadvantage of giving money directly to the poor is that half of them will end up buying pot, booze or getting robbed.
Nope to the first two, I don't know about theft, but they have no reported incidents of violence (they perform follow up calls)
http://www.givedirectly.org/pdf/litreview_2.pdf http://www.givedirectly.org/pdf/litreview_2.pdf
They've performed randomised trials to see if the money makes a difference, and find that it's making a huge difference to peoples lives.
- nknighthb 13y agoEven in the "robbed" case, as a general rule, the wealthy aren't wandering the streets mugging people. That money is going to get spent on goods and services somewhere along the way, at least providing economic stimulus.