I think Open Philanthropy probably would not reduce it’s grantmaking because of a recession. It seems Open Philanthropy is recommending around $200 million in grants per year. Forbes estimates that Dustin Moskovitz has a net worth of around $10 billion. So they’re only spending down a mere 2% of Moskovitz’s net worth each year. If Moskovitz’s net worth declined to $5 billion that would still only be 4% of Moskovitz’s net worth. In addition, better funding opportunities for Open Philanthropy may arise during a recession as other large funders pull back.
I think Open Philanthropy probably would not reduce it’s grantmaking because of a recession. It seems Open Philanthropy is recommending around $200 million in grants per year. Forbes estimates that Dustin Moskovitz has a net worth of around $10 billion. So they’re only spending down a mere 2% of Moskovitz’s net worth each year. If Moskovitz’s net worth declined to $5 billion that would still only be 4% of Moskovitz’s net worth. In addition, better funding opportunities for Open Philanthropy may arise during a recession as other large funders pull back.