> but if other donors are looking for a more hands-on role, we’d be open to that as well!
My guess is that some donors don’t exactly want to be hands-on for specific grants, but do want to get updates and ask specific questions to the grantmaker. This could be a bit of a pain to the grantmaker, but would be a better experience for the funder. In some cases, this seems worth it (mainly if we want to get more funders).
> trying to catch up to what other funders have figured out For what it’s worth, at the LTFF (and I think other EA Funds), there’s a voting system where people vote on scores, and proposals that achieve a certain average or higher get funded. I agree this is overkill for many small grants.
> and I suspect FF’s may have had bad incentives + optics, so we opted to launch first and revisit this later. I like that strategy. Later on though, I’d imagine that maybe regranters could request different perks. If there were a marketplace—funders choose regranters—then some regranter could request ~5%, and funders would take that into consideration. I suspect some granters don’t need the money, but others might only be able to do it if there were pay.
do want to get updates and ask specific questions to the grantmaker
Ah, I see, makes sense. Perhaps a strategy of “we send out weekly updates to the donor about where their money has been going” is a better fit than “live chat”. Will think about this!
a voting system where people vote on scores
Def makes sense for grants above some dollar threshold (eg $100k?) I would love to be a fly on the wall (or even participate in LTFF grantmaking?) to learn what best practices have been, and see if they make sense for us
If there were a marketplace—funders choose regranters
Haha, love the idea of a regrantors picking their own compensation models in a competitive marketplace!
Thanks for the replies! Quickly,
> but if other donors are looking for a more hands-on role, we’d be open to that as well!
My guess is that some donors don’t exactly want to be hands-on for specific grants, but do want to get updates and ask specific questions to the grantmaker. This could be a bit of a pain to the grantmaker, but would be a better experience for the funder. In some cases, this seems worth it (mainly if we want to get more funders).
> trying to catch up to what other funders have figured out
For what it’s worth, at the LTFF (and I think other EA Funds), there’s a voting system where people vote on scores, and proposals that achieve a certain average or higher get funded. I agree this is overkill for many small grants.
> and I suspect FF’s may have had bad incentives + optics, so we opted to launch first and revisit this later.
I like that strategy. Later on though, I’d imagine that maybe regranters could request different perks. If there were a marketplace—funders choose regranters—then some regranter could request ~5%, and funders would take that into consideration. I suspect some granters don’t need the money, but others might only be able to do it if there were pay.
Ah, I see, makes sense. Perhaps a strategy of “we send out weekly updates to the donor about where their money has been going” is a better fit than “live chat”. Will think about this!
Def makes sense for grants above some dollar threshold (eg $100k?) I would love to be a fly on the wall (or even participate in LTFF grantmaking?) to learn what best practices have been, and see if they make sense for us
Haha, love the idea of a regrantors picking their own compensation models in a competitive marketplace!