One issue is that the longer the fund holds on to donations, the more likely it is for the donor’s intention and the fund’s direction to diverge.
I might donate to the Animal Welfare fund expecting the money will be handed out to vegan advocacy and clean meat charities (and trust the fund manager to pick the best ones amongst these), but if the money isn’t disbursed for two years, well, maybe wild animal suffering research will be the new hotness by then, and that’s where my donation will end up going.
If I just want my donation to go to the expert’s choice, then that might be fine. But if I had something more specific in mind (and in line with what the fund had recently donated to), this might not be ideal.
One issue is that the longer the fund holds on to donations, the more likely it is for the donor’s intention and the fund’s direction to diverge.
I might donate to the Animal Welfare fund expecting the money will be handed out to vegan advocacy and clean meat charities (and trust the fund manager to pick the best ones amongst these), but if the money isn’t disbursed for two years, well, maybe wild animal suffering research will be the new hotness by then, and that’s where my donation will end up going.
If I just want my donation to go to the expert’s choice, then that might be fine. But if I had something more specific in mind (and in line with what the fund had recently donated to), this might not be ideal.