A $1,000 cash transfer costs a bit more than $1,000 to deliver
I’m surprised by this claim!
GiveDirectly’s published figures for delivery costs are 10-20% of the total funds, and the financials seem to back this up to my naive eye: “Direct Grants” dominate all other expenses. 9:1 or 8:1 is way different than 1:1 suggested here
I interpreted that as meaning that a $1,000 cash transfer costs a bit more than $1,000, including the direct cost of the cash transfer itself. So, something like$100 of delivery costs would mean that a $1,000 cash transfer would have a total cost of around $1,100.
Here HLI comes up with $1,170 as the total cost of a $1,000 cash transfer, which seems reasonably close to your numbers.
yes, thanks for this. I’ll be more careful when I say this in future. Providing a $1000 transfer costs a bit more than $1,000 in total, when you factor in the costs to deliver it.
I’m surprised by this claim!
GiveDirectly’s published figures for delivery costs are 10-20% of the total funds, and the financials seem to back this up to my naive eye: “Direct Grants” dominate all other expenses. 9:1 or 8:1 is way different than 1:1 suggested here
How’s this figure calculated?
I interpreted that as meaning that a $1,000 cash transfer costs a bit more than $1,000, including the direct cost of the cash transfer itself. So, something like $100 of delivery costs would mean that a $1,000 cash transfer would have a total cost of around $1,100.
Here HLI comes up with $1,170 as the total cost of a $1,000 cash transfer, which seems reasonably close to your numbers.
ah, of course. thanks!
yes, thanks for this. I’ll be more careful when I say this in future. Providing a $1000 transfer costs a bit more than $1,000 in total, when you factor in the costs to deliver it.
Threw me off as well at first. I’d second that it’s probably best to reword it in the future for better clarity