My analysis applies to small donors who aren’t you, then. Alex commented to wait until after any upcoming fundraisers to then donate to REG and see if they have a funding gap. I think my analysis might still apply to you, we just need to scale how much RfMF you would take up. I think donating all $38k to REG at this point alone would be a mistake. I’m guessing Michael won’t actually convince ten people to donate a couple thousand dollars apiece to REG, but maybe five people. I’d guess you could donate $20k to REG right now, and it would still be safe. That is, you wouldn’t displace anyone who would’ve otherwise donated to REG, and then has to do a bunch more work to figure out where to donate to next.
Of course, I don’t recommend just donating $20k to REG anyway. You would at least want to talk to them first, or perhaps be one of the matchers in a donation matching fundraiser. $38k is enough money you could do a lot with that, and there are enough projects who could use more money but not tons it might even make sense to donate that money in two or three chunks to two or three different effective charities. I’m sure you’ve already been thinking about this, though.
Also, if you expect you’ll be able to donate at least five figures each year for many years in a row, consider contacting Tyler Alterman by joining as a funder at EA Ventures. That’s a sizable amount of money you can donate, and becoming part of the EA Ventures network outsources spotting great funding opportunities you might otherwise miss to a team working on that goal full-time.
I plan to donate about $38k more this year, but I appreciate your guessing :)
My reference Buck forecasting isn’t very good :/
My analysis applies to small donors who aren’t you, then. Alex commented to wait until after any upcoming fundraisers to then donate to REG and see if they have a funding gap. I think my analysis might still apply to you, we just need to scale how much RfMF you would take up. I think donating all $38k to REG at this point alone would be a mistake. I’m guessing Michael won’t actually convince ten people to donate a couple thousand dollars apiece to REG, but maybe five people. I’d guess you could donate $20k to REG right now, and it would still be safe. That is, you wouldn’t displace anyone who would’ve otherwise donated to REG, and then has to do a bunch more work to figure out where to donate to next.
Of course, I don’t recommend just donating $20k to REG anyway. You would at least want to talk to them first, or perhaps be one of the matchers in a donation matching fundraiser. $38k is enough money you could do a lot with that, and there are enough projects who could use more money but not tons it might even make sense to donate that money in two or three chunks to two or three different effective charities. I’m sure you’ve already been thinking about this, though.
Also, if you expect you’ll be able to donate at least five figures each year for many years in a row, consider contacting Tyler Alterman by joining as a funder at EA Ventures. That’s a sizable amount of money you can donate, and becoming part of the EA Ventures network outsources spotting great funding opportunities you might otherwise miss to a team working on that goal full-time.