Would you be open to taking funding earmarked for one of your specific proposed projects? And generally for a specific department?
Yes, donors can restrict their contributions to Rethink Priorities or specific projects. When making a donation, donors should specify their desired restrictions, and we will ensure the funds are allocated accordingly in our accounting. However, for relatively small donations, restricting funds to a specific project may be less practical if the project requires significantly more funding to proceed.
How might more general funding shift around in that case, i.e. funging?
The only way this would cause fungibility is if it changes how we allocate unrestricted money. Based on our current plans, this would not happen for donations to our animal welfare or AI work but could happen for donations to other areas. If this is a concern for you, please flag that and we can actually go and increase the budget for the area by the size of your donation, thus fully eliminating fungibility concerns.
We take donor preferences very seriously and do not think fungibility concerns should be a barrier to those giving to RP. That being said, we do appreciate those who trust us to allocate money to where we think it is needed most.
Thanks for engaging Michael!
Yes, donors can restrict their contributions to Rethink Priorities or specific projects. When making a donation, donors should specify their desired restrictions, and we will ensure the funds are allocated accordingly in our accounting. However, for relatively small donations, restricting funds to a specific project may be less practical if the project requires significantly more funding to proceed.
The only way this would cause fungibility is if it changes how we allocate unrestricted money. Based on our current plans, this would not happen for donations to our animal welfare or AI work but could happen for donations to other areas. If this is a concern for you, please flag that and we can actually go and increase the budget for the area by the size of your donation, thus fully eliminating fungibility concerns.
We take donor preferences very seriously and do not think fungibility concerns should be a barrier to those giving to RP. That being said, we do appreciate those who trust us to allocate money to where we think it is needed most.