I also find it more instructive to think of it in terms of percentages—the Global Development fund still holds 49% of all money it has received all time, the far future fund holds 95%, and the community fund holds 71%.
There can definitely be good reasons for this (such as more merits for giving later vs. giving now, or saving up to give a larger grant in one big batch). I don’t know whether it’s an intentional application of one of those two things or just that Nick and Ellie are exceptionally busy and have more important priorities than the EA Funds, but it would be nice for more transparency as to why funds are distributed the way they are. (Lewis does a good job at this.)
I also find it more instructive to think of it in terms of percentages—the Global Development fund still holds 49% of all money it has received all time, the far future fund holds 95%, and the community fund holds 71%.
There can definitely be good reasons for this (such as more merits for giving later vs. giving now, or saving up to give a larger grant in one big batch). I don’t know whether it’s an intentional application of one of those two things or just that Nick and Ellie are exceptionally busy and have more important priorities than the EA Funds, but it would be nice for more transparency as to why funds are distributed the way they are. (Lewis does a good job at this.)
Minor typo: it’s “Elie” not “Ellie”