But I suppose there could still be funging; the funders may have specific total funding targets below filling their near term RFMF, and the closer to those targets, the less they give.
Yeah. Or it could work in reverse: if they commit to giving only, say, 50% of an org’s budget, then if individual donors give more, this “unlocks” the ability for the big donors to give more also. However, Karnofsky says it’s a myth that Open Phil has a hard rule like this. Also, as I noted in the post, I wouldn’t want them to have a hard rule like this, because it could leave really valuable orgs significantly underfunded, which seems bad.
Probably the answer of how it actually works varies depending on the specific case. For example, I imagine that an org that everything thinks is outstanding would be more likely to get fully topped up, while an org that seems average wouldn’t be. But as an outsider, I can only speculate about how these decisions are made, which is why I posted this question.
Yeah. Or it could work in reverse: if they commit to giving only, say, 50% of an org’s budget, then if individual donors give more, this “unlocks” the ability for the big donors to give more also. However, Karnofsky says it’s a myth that Open Phil has a hard rule like this. Also, as I noted in the post, I wouldn’t want them to have a hard rule like this, because it could leave really valuable orgs significantly underfunded, which seems bad.
Probably the answer of how it actually works varies depending on the specific case. For example, I imagine that an org that everything thinks is outstanding would be more likely to get fully topped up, while an org that seems average wouldn’t be. But as an outsider, I can only speculate about how these decisions are made, which is why I posted this question.