How did Facebook’s $7 million match in 2019 compare with the probabilities modeled?
I see two reasons to adjust the benefit of this practice downward:
1) Some of Facebook’s potential match would otherwise have nonzero benefit, and some (small) fraction would go to EA causes.
2) (More importantly) You can’t donate stock through the Facebook Fundraiser platform. Donating stock (or index funds) allows you to not incur capital gains taxes, which for most people would be about 15% LTCG tax * 10% return = 1.5% per year.
How did Facebook’s $7 million match in 2019 compare with the probabilities modeled?
I see two reasons to adjust the benefit of this practice downward:
1) Some of Facebook’s potential match would otherwise have nonzero benefit, and some (small) fraction would go to EA causes.
2) (More importantly) You can’t donate stock through the Facebook Fundraiser platform. Donating stock (or index funds) allows you to not incur capital gains taxes, which for most people would be about 15% LTCG tax * 10% return = 1.5% per year.