That is true holding the amount of money donated constant, i.e., a direct donation of $6,250 means more than a conditional commitment to donate $6,250. But I think a conditional commitment to donate up to $6,250 means more than a direct donation of $300 even if the EV of amount donated is $300.
The risk-adjusted personal cost can be more than $300 too.
The risk-adjusted personal cost can be more than $300 too.