What kind of transparency can users expect around the total size of the DAF, the grant recipients, the sizes of grants to individual recipients, and dates of grants made? I’ve noticed this information is lacking from the current EA Giving Group DAF.
Also, how does this idea interact with, if at all, the current EA Giving Group DAF?
We plan to send quarterly updates to all EA Funds donors detailing the total size of the fund and details of any grants made in the period. We will also publish grant reports on the EA Funds website and will keep an updated grant history on the fund description page, much in the same manner as Open Phil. We plan to publish a more detailed review of the project in 3 months, at which time we will reassess, and possibly make significant changes to the current iteration of the funds.
While the EA Giving Group DAF (EAGG) will continue to run, we suspect that many donors interested in the EAGG will prefer to donate to the EA Community fund or the Far Future fund. These funds will be easier to use, tax deductible in both the UK and the US, and will not have a large minimum donation amount. We were actually inspired to create these funds, in part, due to the success of the EAGG—we saw this as something like a super-MVP version of this idea.
Peter’s question was one I asked in the previous post as well. I’m pleased with this answer, thanks Tara.