Update on Our Planned Allocation to GiveWell’s Recommended Charities in 2022

By Alexander_Berger, Peter Favaloro, Open Philanthropy @ 2022-07-11T06:50 (+22)

This is a linkpost to https://www.openphilanthropy.org/research/update-on-our-planned-allocation-to-givewells-recommended-charities-in-2022/

Last year, we recommended $300 million of grants to GiveWell’s evidence-backed, cost-effective recommendations in global health and development, up from $100 million the year before. We recently decided that our total allocation for this year will be $350 million. 

That’s a $50 million increase over last year, significantly driven by GiveWell’s impressive progress on finding more cost-effective opportunities. We expected GiveWell to identify roughly $430 million of 2022 “room for more funding” in opportunities at least 8 times more cost effective than cash transfers to the global poor. Instead, we estimate that GiveWell is on track to identify at least $600 million in such opportunities. However, due to reductions in our asset base, the growth in our commitment this year is smaller than the $200 million increase we had projected last fall.

The rest of this post:

• Reviews our framework for allocating funding across opportunities to maximize impact. (More)
• Discusses how changes in asset values influence the appropriate distribution of funding across our program areas. (More)
• Explains how we chose this year’s allocation to GiveWell, given our asset changes and GiveWell’s significant progress in finding more cost-effective opportunities. (More)
• Shares Alexander’s personal thoughts on why GiveWell seems like an unusually compelling opportunity for individual donors this year. (More)

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