Thank you for this initiative. I am sure there are jurisdictions that can incorporate this program. For example, in Czechia, it takes “two afternoons” to register an organization. There is only an online form (for a foundation, for an institute you also have to go to the post office). You need 3 persons and about $300. There are a few types of orgs. A foundational fond can be the best option for you because it gathers assets (used for socially or economically beneficial purposes) but does not need to make profit (what a foundation should). You an also look into an institute, that can act beneficially in addition to using its assets for such purpose. Feel free to contact CZEA if they have some legal advice, could possibly help you with registering, and are aware if donations from EU/etc are tax-deductible. Also, Charity Entrepreneurship is advising its charities in setting up orgs in different countries and has a financial housing (“Players Philanthropy Fund (Federal Tax ID: 27-6601178), a Maryland charitable trust”) for its incubated organizations. I suggest that you chat with CE.
If you want a story, there was someone who knew about EA for many years but was not very connected with the community. At their place, due to the current war, one of their family members was injured by a shooting. The person at the time did not have the funds to pay the overwhelmed doctors for the operation. They asked 2 EAs and they did not give them the funds. So, they asked several family members to each contribute a fraction of the cost.
This person has donated their skilled time over several months to an EA-related project but was generally not in the position to donate funds. A question can be if this fund should also compensate people for their time, for example at the rate of the employment they could get instead of EA volunteering (or a rate that volunteers in EA doing this task would generally get, purchasing power adjusted or unadjusted) or somehow by others’ (comparably skilled/counterfactually or directly beneficial) time.
Then, I suggest that there is some checking for the counterfactuals. For example, if the person gets the funding, does it mean that a patient in a greater need of care gets deprioritized (or, systemic discrimination in education perpetuated, research of affluent persons’ issues prioritized over that of global health solutions, …)? Or, will the person be able to find funding elsewhere (family, friends, local community institution, employer/school, …) (I suggest that they have to sincerely attempt to approach all other reasonable sources before applying for/getting a refund)? And if so, what would the alternative funders sacrifice (for example, if their family forgoes investing into a green tech venture, or school funding a student who is struggling otherwise) and what the dynamics and reputational effects would be (e. g. employer loses interest in following the employee’s advice on impact/more donations because they see that it can cause financial issues, a school loses interest in EA-related ventures because the subjective perception of ‘effortless prestige’ of the students is lost).
Setting up a non-profit is relatively easy. Registering a non-profit as a tax-exempt charity is more challenging. Tax-exemption of charities is not something that is coordinated at the EU level, unfortunately.
Thank you for this initiative. I am sure there are jurisdictions that can incorporate this program. For example, in Czechia, it takes “two afternoons” to register an organization. There is only an online form (for a foundation, for an institute you also have to go to the post office). You need 3 persons and about $300. There are a few types of orgs. A foundational fond can be the best option for you because it gathers assets (used for socially or economically beneficial purposes) but does not need to make profit (what a foundation should). You an also look into an institute, that can act beneficially in addition to using its assets for such purpose. Feel free to contact CZEA if they have some legal advice, could possibly help you with registering, and are aware if donations from EU/etc are tax-deductible. Also, Charity Entrepreneurship is advising its charities in setting up orgs in different countries and has a financial housing (“Players Philanthropy Fund (Federal Tax ID: 27-6601178), a Maryland charitable trust”) for its incubated organizations. I suggest that you chat with CE.
If you want a story, there was someone who knew about EA for many years but was not very connected with the community. At their place, due to the current war, one of their family members was injured by a shooting. The person at the time did not have the funds to pay the overwhelmed doctors for the operation. They asked 2 EAs and they did not give them the funds. So, they asked several family members to each contribute a fraction of the cost.
This person has donated their skilled time over several months to an EA-related project but was generally not in the position to donate funds. A question can be if this fund should also compensate people for their time, for example at the rate of the employment they could get instead of EA volunteering (or a rate that volunteers in EA doing this task would generally get, purchasing power adjusted or unadjusted) or somehow by others’ (comparably skilled/counterfactually or directly beneficial) time.
Then, I suggest that there is some checking for the counterfactuals. For example, if the person gets the funding, does it mean that a patient in a greater need of care gets deprioritized (or, systemic discrimination in education perpetuated, research of affluent persons’ issues prioritized over that of global health solutions, …)? Or, will the person be able to find funding elsewhere (family, friends, local community institution, employer/school, …) (I suggest that they have to sincerely attempt to approach all other reasonable sources before applying for/getting a refund)? And if so, what would the alternative funders sacrifice (for example, if their family forgoes investing into a green tech venture, or school funding a student who is struggling otherwise) and what the dynamics and reputational effects would be (e. g. employer loses interest in following the employee’s advice on impact/more donations because they see that it can cause financial issues, a school loses interest in EA-related ventures because the subjective perception of ‘effortless prestige’ of the students is lost).
This was really helpful and had in depth knowledge about CZ entities, thanks!
Setting up a non-profit is relatively easy. Registering a non-profit as a tax-exempt charity is more challenging. Tax-exemption of charities is not something that is coordinated at the EU level, unfortunately.
oh, I see where the issue may be.