Other than regranting, GiveWell’s largest expense in 2020 was staff salaries—they spent just over $3 million on salaries. In total, they spent about $6 million (excluding regranting). GiveWell would have to grow to 20x the size in order to become a $100 million ‘megaproject’ [1].
I don’t see why we should treat the funds they regrant differently than their salary expenses (in this context). GiveWell is a good counter example to the claim that “It is very hard for a charity to scale to more than $100 million per year without delivering a physical product.” GiveWell can easily use another an additional $100M (e.g. by simply regranting it to GiveDirectly).
I wanted to avoid double-counting, so I didn’t want to say “both GiveWell and GiveDirectly can absorb $100M” when actually it’s the same $100M—that’s why I excluded regranting
I don’t see why we should treat the funds they regrant differently than their salary expenses (in this context). GiveWell is a good counter example to the claim that “It is very hard for a charity to scale to more than $100 million per year without delivering a physical product.” GiveWell can easily use
anotheran additional $100M (e.g. by simply regranting it to GiveDirectly).I wanted to avoid double-counting, so I didn’t want to say “both GiveWell and GiveDirectly can absorb $100M” when actually it’s the same $100M—that’s why I excluded regranting