Given that annual zakat donations are $550 - $600 billion a year, even steering 1% of that to funding opportunities 0.1x as cost-effective as the 1,000x bar would lead to impact comparable to Open Philanthropy’s entire GHD funding, so starting a new zakat-compliant effective giving org (e.g. inspired by these orgs) seems straightforwardly good to do?
Yeah on the face of it, this simple case is extremely appealing. As you do more work looking at the specifics, it becomes more evident that there are a number of pretty significant hurdles
Given that annual zakat donations are $550 - $600 billion a year, even steering 1% of that to funding opportunities 0.1x as cost-effective as the 1,000x bar would lead to impact comparable to Open Philanthropy’s entire GHD funding, so starting a new zakat-compliant effective giving org (e.g. inspired by these orgs) seems straightforwardly good to do?
Yeah on the face of it, this simple case is extremely appealing. As you do more work looking at the specifics, it becomes more evident that there are a number of pretty significant hurdles