Regardless, there is a much more important issue from my point of view: donating to individuals is much cheaper than to institutions, or universities, because individuals don’t have many of the fixed costs and bureaucratic costs those institutions bear.
First, I’m fully in support of this kind of model, and I hope that maybe someday I am funded by it. But I don’t think your core thesis is correct, because:
1.) Some organizations don’t have high costs. The only organization I have knowledge of, Charity Science, does not have such costs.
2.) When you’re funding an organization on the margin, you aren’t funding the fixed or bureaucratic costs.
3.) These costs carry with them corresponding advantages of coordination and shared access to resources.
4.) Donating to an organization can be done tax deductibly, which, in the US, is often a savings of 25%.
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Young EAs cost their institutions (and thus their donors) up to 90k per year
First, I’m fully in support of this kind of model, and I hope that maybe someday I am funded by it. But I don’t think your core thesis is correct, because:
1.) Some organizations don’t have high costs. The only organization I have knowledge of, Charity Science, does not have such costs.
2.) When you’re funding an organization on the margin, you aren’t funding the fixed or bureaucratic costs.
3.) These costs carry with them corresponding advantages of coordination and shared access to resources.
4.) Donating to an organization can be done tax deductibly, which, in the US, is often a savings of 25%.
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Can you explain how you arrived at this figure?