I wrote about my donation decisions this year on my blog. I’m hoping to ramp up my giving over the next four years so I’ve decided to be more public about my thoughts.
TL;DR: I’m giving away £35k this year. £3.5k to SCI and the remainder to the Long Term Future Fund.
Hi George, thanks for sharing this! You wrote in your blog that you were considering investing your money, but that this was difficult in the UK. If you are referring to investing to give rather than just postponing for a year, FYI we’ll likely have a Long-Term Investment Fund at Founders Pledge by the end of next year, which we might open up to the public and will likely be accessible from the UK. Do let me know if this would interest you, as knowing there is non-member interest might inform our decisions around opening it up.
I meant investing for a shortish period of time, and retaining control of the funds until I donate. So it would mostly be about deferring the decision for a bit while still getting tax benefits, as opposed to delegating the decision to the trustees of the Long-Term Fund.
I lean towards giving sooner instead of later for “hinginess” reasons. I also think the vast majority of EA resources are already invested in some sense (in human capital, expansion orientated organisations or Open Philanthropy finances).
I do think your fund is a good idea though, I can imagine changing my mind and there are certainly plenty of people who disagree with me!
Thanks for writing about your 2020 donations and future donation plans, and for sharing a link here!
I found the linked post interesting. Really cool to hear you’ll be ramping up your giving even further in the coming years, and putting (even) more time into finding and deciding on donation opportunities.
I wrote about my donation decisions this year on my blog. I’m hoping to ramp up my giving over the next four years so I’ve decided to be more public about my thoughts.
TL;DR: I’m giving away £35k this year. £3.5k to SCI and the remainder to the Long Term Future Fund.
Hi George, thanks for sharing this! You wrote in your blog that you were considering investing your money, but that this was difficult in the UK. If you are referring to investing to give rather than just postponing for a year, FYI we’ll likely have a Long-Term Investment Fund at Founders Pledge by the end of next year, which we might open up to the public and will likely be accessible from the UK. Do let me know if this would interest you, as knowing there is non-member interest might inform our decisions around opening it up.
Thanks for reading!
I meant investing for a shortish period of time, and retaining control of the funds until I donate. So it would mostly be about deferring the decision for a bit while still getting tax benefits, as opposed to delegating the decision to the trustees of the Long-Term Fund.
I lean towards giving sooner instead of later for “hinginess” reasons. I also think the vast majority of EA resources are already invested in some sense (in human capital, expansion orientated organisations or Open Philanthropy finances).
I do think your fund is a good idea though, I can imagine changing my mind and there are certainly plenty of people who disagree with me!
Thanks for writing about your 2020 donations and future donation plans, and for sharing a link here!
I found the linked post interesting. Really cool to hear you’ll be ramping up your giving even further in the coming years, and putting (even) more time into finding and deciding on donation opportunities.