Hi @Vasco Grilo🔸 We spent approximately USD 80,000 in unrestricted funds on this program. However, we received over USD 100,000 in unrestricted donations this year because of this program—these donors likely would not have contributed if we had focused solely on cage-free initiatives. We believe it is fair and aligns well with our mission and theory of change.
Thanks, Carolina! Just one note, you do not have to tag me, as I receive email notifications even if you do not.
If I understand correctly, of your spending of 248 k$ on Nourishing Tomorrow in 2023, 80 k$ was unrestricted, and 168 k$ (= (248 − 80)*10^3) was restricted to that program. I think you are saying the program as a whole caused 100 k$ of additional unrestricted donations that year. If so, the program caused 0.403 $ (= 100*10^3/(248*10^3)) of additional unrestricted donations per $ spent (in reality, it is lower due to overhead[1]). That is less than 1 $, and I think the multiplier for the unrestricted funds is even lower due to diminishing returns[2], so it looks like you should not be spending unrestricted funds on the program. Am I missing something?
Thank you for letting me know about the tags. The methodology we use to allocate resources differs to yours. As I mentioned earlier, our mission and theory of change also play a significant role in the decision-making process.
Hi @Vasco Grilo🔸 We spent approximately USD 80,000 in unrestricted funds on this program. However, we received over USD 100,000 in unrestricted donations this year because of this program—these donors likely would not have contributed if we had focused solely on cage-free initiatives. We believe it is fair and aligns well with our mission and theory of change.
Thanks, Carolina! Just one note, you do not have to tag me, as I receive email notifications even if you do not.
If I understand correctly, of your spending of 248 k$ on Nourishing Tomorrow in 2023, 80 k$ was unrestricted, and 168 k$ (= (248 − 80)*10^3) was restricted to that program. I think you are saying the program as a whole caused 100 k$ of additional unrestricted donations that year. If so, the program caused 0.403 $ (= 100*10^3/(248*10^3)) of additional unrestricted donations per $ spent (in reality, it is lower due to overhead[1]). That is less than 1 $, and I think the multiplier for the unrestricted funds is even lower due to diminishing returns[2], so it looks like you should not be spending unrestricted funds on the program. Am I missing something?
I suppose some of the spending on people, operations, finance and management is related to the program.
I guess decreasing the spending on the program by 1 % would decrease the additional donations by less than 1 %.
Hi Vasco,
Thank you for letting me know about the tags. The methodology we use to allocate resources differs to yours. As I mentioned earlier, our mission and theory of change also play a significant role in the decision-making process.