>Last year I mentioned that EA Long Term Future Fund did not seem to be actually making grants. After a series of criticism on the EA forum by Henry Stanley and Evan Gaensbauer, CEA has now changed the management of the funds and committed to a regular series of grantmaking. However, I’m skeptical this will solve the underlying problem. Presumably they organically came across plenty of possible grants – if this was truly a ‘lower barrier to giving’ vehicle than OpenPhil they would have just made those grants. It is possible, however, that more managers will help them find more non-controversial ideas to fund.
The last sentence is one of the key reasons it was refreshed. It’s also worth noting that I believe the new managers do not have access to large pots of discretionary funding (easier to deploy than EA Funds) that they can use to fund opportunities that they find. I could be wrong about that.
It’s also worth noting that I believe the new managers do not have access to large pots of discretionary funding (easier to deploy than EA Funds) that they can use to fund opportunities that they find.
>Last year I mentioned that EA Long Term Future Fund did not seem to be actually making grants. After a series of criticism on the EA forum by Henry Stanley and Evan Gaensbauer, CEA has now changed the management of the funds and committed to a regular series of grantmaking. However, I’m skeptical this will solve the underlying problem. Presumably they organically came across plenty of possible grants – if this was truly a ‘lower barrier to giving’ vehicle than OpenPhil they would have just made those grants. It is possible, however, that more managers will help them find more non-controversial ideas to fund.
The last sentence is one of the key reasons it was refreshed. It’s also worth noting that I believe the new managers do not have access to large pots of discretionary funding (easier to deploy than EA Funds) that they can use to fund opportunities that they find. I could be wrong about that.
Good point!