In general, it kind of seems like the “point” of the lottery is to do something other than allocate to a capital allocator. The lottery is “meant” to minimise work on selecting a charity to give to, but if you’re happy to give that work to another allocator I feel like it makes less sense?
When I entered the lottery, I hadn’t given much thought to what I’d do if I won—I was convinced by the argument that giving to the lottery dominated giving to the LTFF (for example), since if I won the lottery I could just decide to give the money to the LTFF. I think you’re right that it makes less sense to enter the donor lottery if you think you’ll end up giving the money to a regranting organization, but I think it still makes some sense.
Lottery again! You could sponsor CEA to do a $1m lottery. If you thought it was worth it for $500k, surely it would be worth it for $1m!
Someone else suggested that to me a while ago, but I’m not sure how much it would change things—if I don’t have interesting ideas about what to do with $500k, I probably wouldn’t have interesting ideas about what to do with $1m. There would also be some overhead to setting up another lottery.
Be quite experimental, give largish grants to multiple young organisations, see how they do, and then direct your ordinary giving toward them in the future. This money can buy access to more organisations, and setup relationships for your future giving.
Thanks for suggesting that—it seems like an idea worth considering for at least a portion of the money.
I’ve been impressed recently with the work of the Simon Institute for Long-Term Governance, which might match the brief for new, experimental long-termist organizations.
https://www.simoninstitute.ch/
When I entered the lottery, I hadn’t given much thought to what I’d do if I won—I was convinced by the argument that giving to the lottery dominated giving to the LTFF (for example), since if I won the lottery I could just decide to give the money to the LTFF. I think you’re right that it makes less sense to enter the donor lottery if you think you’ll end up giving the money to a regranting organization, but I think it still makes some sense.
Someone else suggested that to me a while ago, but I’m not sure how much it would change things—if I don’t have interesting ideas about what to do with $500k, I probably wouldn’t have interesting ideas about what to do with $1m. There would also be some overhead to setting up another lottery.
Thanks for suggesting that—it seems like an idea worth considering for at least a portion of the money.
I’ve been impressed recently with the work of the Simon Institute for Long-Term Governance, which might match the brief for new, experimental long-termist organizations. https://www.simoninstitute.ch/