as for question 21 (reduced donations due to recession):
i guess, we are all pretty sure: donations will go down. many people are loosing their jobs/ their income, some will get huge medical bills, … other people lost money in the stock market, others see their real estate or their pension savings loosing worth… i guess, that many people will “save” some money via donating less.
that might affect many valuable organizations/ employees of those organizations. their work might/will be disrupted.
i think it is a good idea to have a security net for cases like this, some kind of insurance. my best idea (beside having billionairs-pledges to increase donations in recession-times): put- options in the stock market. those gain in value as markets fall. and I don´t think of inidviduals buying a small amount of put-options (that would be pretty expensive, as I expect some costs per trade per person). i think of one or more ea-associated organizations which bundle some money to invest in put-options. this money would be lost in booming times, but it would multiply in bad ones. to be clear: all in all: it would mean loosing some money (the put-options sellers want to make some money too). let´s say “we” loose 2% of the money. but what could we gain? i guess, that having a smooth(er) running of ea- organizations might be of higher worth, than those organizations running constantly on 98%-funding. i guess, that having all those costs which usually come along with shrinking donations (f. e. loosing valuable employees -maybe forever… in better times: costs of time needed to find new fitting employees, to incorporate them… loosing connections, closing organizations, and so on) is higher.
i am not saying, that individual ea-organizations should spent money on a security net (in the stock market). it might seem weird to the broader public, if altruistic organizations would invest money in the stock market. but It would be nice, if those organization would know: there is a back-up, some kind of security for bad times. if one or two organizations would do so, that might be great. they could call themselves: “anticyclical donating” or something like this.
imagine you (=ea) want to drive as far as you can get with a limited amount of energy (=doing the most good with limited ressources). one option might be simply going full throttle (=like us now?). another one might be, to invest some energy in levelling your track (=like investing in a security net for the “bumbs” of a recession?).
actually, I hope that his post is not of worth, because there are no such described downfalls, or because other people already had the same idea. but as i´ve never heard of it. here it is (see above) ;-)
as for question 21 (reduced donations due to recession):
i guess, we are all pretty sure: donations will go down. many people are loosing their jobs/ their income, some will get huge medical bills, … other people lost money in the stock market, others see their real estate or their pension savings loosing worth… i guess, that many people will “save” some money via donating less.
that might affect many valuable organizations/ employees of those organizations. their work might/will be disrupted.
i think it is a good idea to have a security net for cases like this, some kind of insurance. my best idea (beside having billionairs-pledges to increase donations in recession-times): put- options in the stock market. those gain in value as markets fall. and I don´t think of inidviduals buying a small amount of put-options (that would be pretty expensive, as I expect some costs per trade per person). i think of one or more ea-associated organizations which bundle some money to invest in put-options. this money would be lost in booming times, but it would multiply in bad ones. to be clear: all in all: it would mean loosing some money (the put-options sellers want to make some money too). let´s say “we” loose 2% of the money. but what could we gain? i guess, that having a smooth(er) running of ea- organizations might be of higher worth, than those organizations running constantly on 98%-funding. i guess, that having all those costs which usually come along with shrinking donations (f. e. loosing valuable employees -maybe forever… in better times: costs of time needed to find new fitting employees, to incorporate them… loosing connections, closing organizations, and so on) is higher.
i am not saying, that individual ea-organizations should spent money on a security net (in the stock market). it might seem weird to the broader public, if altruistic organizations would invest money in the stock market. but It would be nice, if those organization would know: there is a back-up, some kind of security for bad times. if one or two organizations would do so, that might be great. they could call themselves: “anticyclical donating” or something like this.
imagine you (=ea) want to drive as far as you can get with a limited amount of energy (=doing the most good with limited ressources). one option might be simply going full throttle (=like us now?). another one might be, to invest some energy in levelling your track (=like investing in a security net for the “bumbs” of a recession?).
actually, I hope that his post is not of worth, because there are no such described downfalls, or because other people already had the same idea. but as i´ve never heard of it. here it is (see above) ;-)