GiveDirectly does not have the “top-rated” label on GWWC’s list, while SM does as of this morning.
I can’t find the discussion, but my understanding is that “top-rated” means that an evaluator GWWC trusts—in SM’s case, that was Founder’s Pledge—thinks that a charity is at a certain multiple (was it like 4x?) over GiveDirectly.
However, on this post, Matt Lerner @ FP wrote that “We disagree with HLI about SM’s rating — we use HLI’s work as a starting point and arrive at an undiscounted rating of 5-6x; subjective discounts place it between 1-2x, which squares with GiveWell’s analysis.”
So it seems that GWWC should withdraw the “top-rated” flag because none of its trusted evaluation partners currently rate SM at better than 2.3X cash. It should not, however, remove SM from the GWWC platform as it meets the criteria for inclusion.
GiveDirectly does not have the “top-rated” label on GWWC’s list, while SM does as of this morning.
I can’t find the discussion, but my understanding is that “top-rated” means that an evaluator GWWC trusts—in SM’s case, that was Founder’s Pledge—thinks that a charity is at a certain multiple (was it like 4x?) over GiveDirectly.
However, on this post, Matt Lerner @ FP wrote that “We disagree with HLI about SM’s rating — we use HLI’s work as a starting point and arrive at an undiscounted rating of 5-6x; subjective discounts place it between 1-2x, which squares with GiveWell’s analysis.”
So it seems that GWWC should withdraw the “top-rated” flag because none of its trusted evaluation partners currently rate SM at better than 2.3X cash. It should not, however, remove SM from the GWWC platform as it meets the criteria for inclusion.