Suppose that by donating $1k to an EAIF project, they get 1 new person to consider donating more effectively.
This 1 new person pledges to give 1% of their salary to GiveWellâs top charities, and they do this for the next 10 years.
If they make (say) $50k /â year, then over 10 years they will donate $5k to GiveWell charities.
The net result is that a $1k donation to EAIF led to $5k donated to top GiveWell charitiesâor a dollar donated to EAIF goes 5x further than a GiveWell Top charity
Of course, there are a bunch of important considerations and nuance that have been ignored in this hypotheticalâindeed, I think itâs pretty important to be cautious /â suspicious about calculations like the above, so we should often discount the âmultiplierâ factor signficantly. Nonetheless, I think (some version of) the above argument goes through for a number of projects EAIF supports.
Hey, good question!
Hereâs a crude rationale:
Suppose that by donating $1k to an EAIF project, they get 1 new person to consider donating more effectively.
This 1 new person pledges to give 1% of their salary to GiveWellâs top charities, and they do this for the next 10 years.
If they make (say) $50k /â year, then over 10 years they will donate $5k to GiveWell charities.
The net result is that a $1k donation to EAIF led to $5k donated to top GiveWell charitiesâor a dollar donated to EAIF goes 5x further than a GiveWell Top charity
Of course, there are a bunch of important considerations and nuance that have been ignored in this hypotheticalâindeed, I think itâs pretty important to be cautious /â suspicious about calculations like the above, so we should often discount the âmultiplierâ factor signficantly. Nonetheless, I think (some version of) the above argument goes through for a number of projects EAIF supports.