I know that professional grant makers think that last-dollar funding is not cost effective because they aren’t funding more projects, but aren’t out of dollars.
None of our big donors were intending to spend all of their funding before now. It’s taken Open Phil years to grow their capacity and increase their giving in line with their standards of diligence. They intend to spend down their funds, I believe, within the lifetime of their funders.
None of our big donors were intending to spend all of their funding before now. It’s taken Open Phil years to grow their capacity and increase their giving in line with their standards of diligence. They intend to spend down their funds, I believe, within the lifetime of their funders.