Thanks for sharing! I find it interesting that so many of you donate to multiple organisations/​funds. For small donations, I think it makes sense to overwhelmingly donate to the organisation/​fund with the highest marginal cost-effectiveness, such that the current global allocation is updated as efficiently as possible towards one’s optimal allocation (where the marginal cost-effectiveness of all donation opportunities would be the same).
Hi Vasco, I think you’re probably right in rational terms! For me personally, I find it’s actually helpful with donors sometimes to be able to talk about the different charities I donate to and meet them on their level. But I’m also probably not as rational as I could be!
Thanks, Grace. Fair enough. My comment mostly applies to the direct effects of the donations, but I agree donating to multiple organisations/​funds will tend to be more appealing to attract new donors. Likewise, I think people at GWWC opting into a lower salary is more cost-effective than donating to the best global health and development organisations/​funds, but this is again more appealing to attract new donors. In any case, I assume one should be open with potential new donors about why one is donating to multiple organisations/​funds even if this decreases the direct impact of one’s donations.
Thanks for sharing! I find it interesting that so many of you donate to multiple organisations/​funds. For small donations, I think it makes sense to overwhelmingly donate to the organisation/​fund with the highest marginal cost-effectiveness, such that the current global allocation is updated as efficiently as possible towards one’s optimal allocation (where the marginal cost-effectiveness of all donation opportunities would be the same).
Hi Vasco, I think you’re probably right in rational terms! For me personally, I find it’s actually helpful with donors sometimes to be able to talk about the different charities I donate to and meet them on their level. But I’m also probably not as rational as I could be!
Thanks, Grace. Fair enough. My comment mostly applies to the direct effects of the donations, but I agree donating to multiple organisations/​funds will tend to be more appealing to attract new donors. Likewise, I think people at GWWC opting into a lower salary is more cost-effective than donating to the best global health and development organisations/​funds, but this is again more appealing to attract new donors. In any case, I assume one should be open with potential new donors about why one is donating to multiple organisations/​funds even if this decreases the direct impact of one’s donations.