We decided on a dual-entity structure because some of 80k’s work — for example, giving career advice to someone who is considering work at a for-profit — falls outside the scope of what the UK Charity Commission considers clearly charitable, and having only a charitable entity would restrict our ability to engage in this work. At the same time, receiving donations through a non-charity entity is much less tax efficient. These two considerations mean we settled on a dual-entity structure — where the charity funds only our clearly charitable work — even though it’s more complex.
(Note that 80,000 Hours Limited is a non-profit — it’s just not a registered charity.)
Hi Vasco,
We decided on a dual-entity structure because some of 80k’s work — for example, giving career advice to someone who is considering work at a for-profit — falls outside the scope of what the UK Charity Commission considers clearly charitable, and having only a charitable entity would restrict our ability to engage in this work. At the same time, receiving donations through a non-charity entity is much less tax efficient. These two considerations mean we settled on a dual-entity structure — where the charity funds only our clearly charitable work — even though it’s more complex.
(Note that 80,000 Hours Limited is a non-profit — it’s just not a registered charity.)
- Inés
Thanks for clarifying, Inés!