If you expect to take in $3-6M by the end of this year, borrowing say $300k against that already seems totally reasonable.
Not sure if this is possible, but I for one would be happy to donate to LTFF today in exchange for a 120% regrant to the Animal Welfare Fund in December[1]
Thanks so much for your offer! That’d be a great option to have on the table! Hopefully enough donors will ameliorate our gaps in the next month, but I might check in with you against later this month if a) we have some more firm commitments for donations by end-of-year[1], and b) we’re still quite severely funding constrained as of Sept 20th, and c) we can’t find lower bids.
One issue with the straightforward “expect to get $3-6M by the end of this year” logic is that a model that spits out that sentence would also predict that this fundraising post + associated public and private comms should also work as fundraising for us; if we turn out to receive neither donations in the near future nor promises after our posts now, I should also strongly update against my original estimate of getting 3-6M by EOY.
If you expect to take in $3-6M by the end of this year, borrowing say $300k against that already seems totally reasonable.
Not sure if this is possible, but I for one would be happy to donate to LTFF today in exchange for a 120% regrant to the Animal Welfare Fund in December[1]
This would seem to be an abuse of the Open Phil matching, but perhaps that chunk can be exempt
Thanks so much for your offer! That’d be a great option to have on the table! Hopefully enough donors will ameliorate our gaps in the next month, but I might check in with you against later this month if a) we have some more firm commitments for donations by end-of-year[1], and b) we’re still quite severely funding constrained as of Sept 20th, and c) we can’t find lower bids.
One issue with the straightforward “expect to get $3-6M by the end of this year” logic is that a model that spits out that sentence would also predict that this fundraising post + associated public and private comms should also work as fundraising for us; if we turn out to receive neither donations in the near future nor promises after our posts now, I should also strongly update against my original estimate of getting 3-6M by EOY.