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What we fund, #1: We fund many opportunities outside our top charities

1 week 2 days ago

GiveWell aims to find and fund programs that have the greatest impact on global well-being. We're open to funding whichever global health and development opportunities seem most cost-effective. So while our top charities list is still what we're best known for, it's only part of our impact; we also dedicate substantial funding and research effort to opportunities beyond top charities.

In 2022, 71% of the funds we directed supported our four current top charities, and 29% were directed to other programs. However, most of our research capacity goes toward programs other than our top charities. This is because (a) most programs we direct funding to aren't top charities (we have four top charities but directed funding to about 40 other grantees in 2022), and (b) it requires more effort to investigate a program we know less deeply.

In this post we’ll share:

  • The overall scope of our grantmaking
  • Why we dedicate funding and research capacity to programs other than our top charities
  • The types of opportunities we support

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Isabel Arjmand

GiveWell from A to Z

3 months ago

To celebrate the end of 2023, we're highlighting a few key things to know about GiveWell—from A to Z. These aren't necessarily the 26 most important parts of our work (e.g., we could include only "transparency" or "top charities" for T) but they do fit the alphabet, and we've linked to other pages where you can learn more.

All Grants Fund. Our recommendation for donors who have a high level of trust in GiveWell and are open to programs that might be riskier than our top charities.

Bar. We set a cost-effectiveness bar, or threshold, such that we expect to be able to fully fund all the opportunities above that level of cost-effectiveness. This bar isn't a hard limit; we consider qualitative factors in our recommendations, as discussed here. This post also discusses our bar in more detail.

Cost-effectiveness. The core question we try to answer in our research is: How much good can you do by giving money to a certain program? This blog post describes how we approach cost-effectiveness estimates and use them in our work.

Donors. Unlike a foundation, we don't hold an endowment. Our impact comes from donors choosing to use our recommendations.

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Isabel Arjmand

GiveWell’s 2022 metrics report

3 months ago

In 2022, the most recent year for which data is available and analyzed, GiveWell raised the largest amount of money in our history, over $600 million. We thank our donors for continuing to trust us to find and recommend highly cost-effective giving opportunities. The following table summarizes our funds raised and our funds directed to programs in metrics year 2021 and 2022.

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Isabel Arjmand

December 2023 open thread

3 months 2 weeks ago

Our goal with hosting quarterly open threads is to give blog readers an opportunity to publicly raise comments or questions about GiveWell or related topics (in the comments section below). As always, you’re also welcome to email us at info@givewell.org or to request a call with GiveWell staff if you have feedback or questions you’d prefer to discuss privately. We’ll try to respond promptly to questions or comments.

You can view previous open threads here.

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Jeremy Rehwaldt

How we work, #3: Our analyses involve judgment calls

3 months 3 weeks ago

This post is the third in a multi-part series, covering how GiveWell works and what we fund. Through these posts, we hope to give a better understanding of our research and decision-making.

Our goal is to recommend funding to the programs we believe have the greatest impact per dollar donated. There's no simple algorithm for this question. Answering it necessarily involves making judgment calls. Our first post in this series discussed the importance of cost-effectiveness analyses and the many factors we consider; in this post, we'll share:

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Isabel Arjmand

GiveWell’s 2023 recommendations to donors

4 months 1 week ago

We're excited about the impact donors can have by supporting our All Grants Fund and our Top Charities Fund. For donors who want to support the programs we're most confident in, we recommend the Top Charities Fund, which is allocated among our four top charities. For donors with a higher degree of trust in GiveWell and willingness to take on more risk, our top recommendation is the All Grants Fund, which goes to a wider range of opportunities and may have higher impact per dollar. Read more about the options for giving below. We estimate that donations to the programs we recommend can save a life for roughly $5,000 on average, or have similarly strong impact by increasing incomes or preventing suffering.

Why your support matters

We expect to find more outstanding giving opportunities than we can fully fund unless our community of supporters substantially increases its giving. Figures like $5,000 per life saved are rough estimates; while we spend thousands of hours on our cost-effectiveness analyses, they're still inherently uncertain. But the bottom line is that we think donors have the opportunity to do a huge amount of good by supporting the programs we recommend.

For a concrete sense of what a donation can do, let's focus briefly on seasonal malaria chemoprevention (SMC), which involves distributing preventive medication to young children.

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The post GiveWell’s 2023 recommendations to donors appeared first on The GiveWell Blog.

Isabel Arjmand

November 2023 updates

4 months 2 weeks ago

Every month we send an email newsletter to our supporters sharing recent updates from our work. We’ve decided to start publishing selected portions of the newsletter on our blog to make this news more accessible to people who might visit our website. For key updates from the latest installment, please see below!

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Jeremy Rehwaldt

How we work, #2: We look at specific opportunities, not just general interventions

4 months 2 weeks ago

This post is the second in a multi-part series, covering how GiveWell works and what we fund. The first post, on cost-effectiveness, is here. Through these posts, we hope to give a better understanding of our research and decision-making.

Looking forward, not just backward

When we consider recommending funding, we don't just want to know whether a program has generally been cost-effective in the past—we want to know how additional funding would be used.

People sometimes think of GiveWell as recommending entire programs or organizations. This was more accurate in GiveWell's early days, but now we tend to narrow in on specific opportunities. Rather than asking whether it is cost-effective to deliver long-lasting insecticide-treated nets in general, we ask more specific questions, such as whether it is cost-effective to fund net distributions in 2023 in the Nigerian states of Benue, Plateau, and Zamfara, given the local burden of malaria and the costs of delivering nets in those states.

Geographic factors affecting cost-effectiveness

The same program can vary widely in cost-effectiveness across locations. The burden of a disease in a particular place is often a key factor in determining overall cost-effectiveness. All else equal, it's much more impactful to deliver vitamin A supplements in areas with high rates of vitamin A deficiency than in areas where almost everyone consumes sufficient vitamin A as part of their diet. Similarly, one of our top charities, New Incentives, has chosen to operate in northern Nigeria largely because relatively low baseline vaccination rates mean its work is especially impactful there.

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Isabel Arjmand

How we work, #1: Cost-effectiveness is generally the most important factor in our recommendations

5 months ago

This post is the first in a multi-part series, covering how GiveWell works and what we fund. We'll add links to the later posts here as they're published. Through these posts, we hope to give a better understanding of our research and decision-making.

Why cost-effectiveness matters

The core question we try to answer in our research is: How much good can you do by giving money to a certain program?

Consider how much good your donation could do if you give to a program that costs $50,000 to save a life versus one that costs $5,000 to save a life (which is roughly what we estimate for our top charities). Giving to the latter would have 10 times more impact. While in an ideal world both programs would receive funding, we focus on identifying the most cost-effective programs so that the limited amount of funding available can make the greatest difference.

The basics

We've written in detail here about our approach to cost-effectiveness analysis and its limitations. Our bottom-line estimates are always uncertain, and we don't expect them to be literally true. At the same time, they help us compare programs to each other so that we can direct funding where we believe it will have the greatest impact.

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Isabel Arjmand

Open Philanthropy’s 2023-2025 funding of $300 million total for GiveWell’s recommendations

5 months 3 weeks ago

This year, Open Philanthropy plans to give $300 million for GiveWell to spend over the next three years. We're grateful for what this support will enable us to do.

Annualized, this is similar to what Open Philanthropy gave in 2020 and roughly in line with what we projected earlier this year. It's less than Open Philanthropy gave in 2021 and 2022, and we'll need strong growth in donations in order to make up the difference. We expect to identify more great funding opportunities than we’ll be able to fund, and your support can fill those cost-effective gaps, helping to save and improve people’s lives.

Below, we share:

  • How this update affects GiveWell's work
  • More background on Open Philanthropy and GiveWell's relationship
  • Why Open Philanthropy's spending is changing
  • The impact donors can have by supporting GiveWell's recommendations

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The post Open Philanthropy’s 2023-2025 funding of $300 million total for GiveWell’s recommendations appeared first on The GiveWell Blog.

Isabel Arjmand

September 2023 updates

6 months ago

Every month we send an email newsletter to our supporters sharing recent updates from our work. We’ve decided to start publishing selected portions of the newsletter on our blog to make this news more accessible to people who might visit our website. For key updates from the latest installment, please see below!

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The post September 2023 updates appeared first on The GiveWell Blog.

Jeremy Rehwaldt

September 2023 open thread

6 months 3 weeks ago

Our goal with hosting quarterly open threads is to give blog readers an opportunity to publicly raise comments or questions about GiveWell or related topics (in the comments section below). As always, you’re also welcome to email us at info@givewell.org or to request a call with GiveWell staff if you have feedback or questions you’d prefer to discuss privately. We’ll try to respond promptly to questions or comments.

You can view previous open threads here.

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Miranda Kaplan

Why we’re funding clubfoot treatment through MiracleFeet

8 months 3 weeks ago

For many people, GiveWell is practically synonymous with our short list of top charities. But the amount of money we've sent to other organizations, doing other important work, has been increasing. In 2021, we made or recommended about $190 million in grants to non–top charity programs, like water treatment and malnutrition treatment, and in 2022, we set up the All Grants Fund specifically so donors could contribute to programs in this category.

We want to use this blog to give you more frequent, brief insights into these newer areas of our grantmaking before we publish our formal grant write-ups. Below we'll discuss, in light detail, a program that's well outside of our traditional wheelhouse, but that we think significantly improves children's lives—treatment for clubfoot with an organization called MiracleFeet.

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Miranda Kaplan

June 2023 open thread

9 months 2 weeks ago

Our goal with hosting quarterly open threads is to give blog readers an opportunity to publicly raise comments or questions about GiveWell or related topics (in the comments section below). As always, you’re also welcome to email us at info@givewell.org or to request a call with GiveWell staff if you have feedback or questions you’d prefer to discuss privately. We’ll try to respond promptly to questions or comments.

You can view previous open threads here.

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Miranda Kaplan

Why GiveWell funded the rollout of the malaria vaccine

10 months 2 weeks ago

Since our founding in 2007, GiveWell has directed over $600 million to programs that aim to prevent malaria, a mosquito-borne disease that causes severe illness and death. Malaria is preventable and curable, yet it killed over 600,000 people in 2021—mostly young children in Africa.

Following the World Health Organization’s approval of the RTS,S/AS01 malaria vaccine (RTS,S) in late 2021, GiveWell directed $5 million to PATH to accelerate the roll out of the vaccine in certain areas of Ghana, Kenya, and Malawi. This grant aimed to enable these communities to gain access to the vaccine about a year earlier than they otherwise would, protecting hundreds of thousands of children from malaria.

Although we’re very excited about the potential of the RTS,S malaria vaccine to save lives, it isn’t a panacea. We still plan to support a range of malaria control interventions, including vaccines, nets, and antimalarial medicine.

In this post, we will:

  • Explain how we found the opportunity to fund the malaria vaccine
  • Discuss why we funded this grant
  • Share our plan for malaria funding moving forward

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The post Why GiveWell funded the rollout of the malaria vaccine appeared first on The GiveWell Blog.

Audrey Cooper
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10 minutes 29 seconds ago
Exploring how to get real change for your dollar.