Hey Dawn! At Manifund we support crypto-based donations for adding to your donation balance; USDC over Eth or Solana is preferred but we could potentially process other crypto depending on the size you have in mind. We generally prefer to do this for larger donation sizes (eg $5k+) because of the operational overhead, but I’d be willing to make an exception in this case to help support the EA Philippines folks. More details here.
Oh, brilliant! USDC would also be my top choice. But I’m basically paying into a DAF, and so can’t get a refund if this project doesn’t succeed, right? That would have a high cost in option value since I don’t know whether my second-best donation opportunity will be on Manifund. Is there a way to donate to Rethink Priorities or the Center on Long-Term Risk through Manifund? That would lower-bound the cost in option value.
In principle we’d be happy to forward donations to RP, CLTR or other charities (in principle any 501c3, doesn’t have to be EA); in practice the operational costs of tracking these things mean that we don’t really want to be doing this except for larger donation sizes.
Although since EA Philippines has set its minimum project threshold at a fairly low $500, I’d 95% expect them to succeed and that this wouldn’t come up.
Hi Dawn, thanks for your interest in donating to EA Philippines! I’m unsure if I understood you correctly, but EA PH’s minimum funding goal on Manifund is $500, as the team would appreciate any amount of funding. So I think if your donation is at least $400, then the project would indeed be funded, and you wouldn’t need to be refunded. Let me know if this answers your concern!
Oh, great! I interpreted “This is an offer to donate this amount to the project on the condition that it eventually becomes active” to mean that the project might not become active for any number of reasons, only one of them being the funding goal.
Hey Dawn! At Manifund we support crypto-based donations for adding to your donation balance; USDC over Eth or Solana is preferred but we could potentially process other crypto depending on the size you have in mind. We generally prefer to do this for larger donation sizes (eg $5k+) because of the operational overhead, but I’d be willing to make an exception in this case to help support the EA Philippines folks. More details here.
Oh, brilliant! USDC would also be my top choice. But I’m basically paying into a DAF, and so can’t get a refund if this project doesn’t succeed, right? That would have a high cost in option value since I don’t know whether my second-best donation opportunity will be on Manifund. Is there a way to donate to Rethink Priorities or the Center on Long-Term Risk through Manifund? That would lower-bound the cost in option value.
In principle we’d be happy to forward donations to RP, CLTR or other charities (in principle any 501c3, doesn’t have to be EA); in practice the operational costs of tracking these things mean that we don’t really want to be doing this except for larger donation sizes.
Although since EA Philippines has set its minimum project threshold at a fairly low $500, I’d 95% expect them to succeed and that this wouldn’t come up.
Yep, that makes a lot of sense. I’ve done donation forwarding for < 10 projects once, and it was already quite time-consuming!
Hi Dawn, thanks for your interest in donating to EA Philippines! I’m unsure if I understood you correctly, but EA PH’s minimum funding goal on Manifund is $500, as the team would appreciate any amount of funding. So I think if your donation is at least $400, then the project would indeed be funded, and you wouldn’t need to be refunded. Let me know if this answers your concern!
Oh, great! I interpreted “This is an offer to donate this amount to the project on the condition that it eventually becomes active” to mean that the project might not become active for any number of reasons, only one of them being the funding goal.
Got it, no problem!