The EA Infrastructure Fund also has $1.2–$4 million in room for more funding
The EA Infrastructure Fund will grant out around $1.2 million during this funding round. Extrapolating from that number and expecting some further growth, I’d guess it’ll want to spend around $3–$6 million this year.
The fund has $1.8 million available currently, leaving a $1.2–$4.2 million funding gap. I expect that donors will by default give around $1.4 million by November, likely leaving to a funding shortfall of $0–$2.8 million (with a median guess of $1 million).
Similar to the Long-Term Future Fund, the EA Infrastructure Fund has greatly increased its grantmaking capacity: It received 79 applications as part of the current round (up 2x compared to last round), desk-rejected 21 of them, and decided to fund 25 (up 3x) out of the remaining 58, with a total grant volume of $1.2 million (up 3x), while (in my view) maintaining and perhaps increasing the quality of the grants.
The EA Infrastructure Fund also has $1.2–$4 million in room for more funding
The EA Infrastructure Fund will grant out around $1.2 million during this funding round. Extrapolating from that number and expecting some further growth, I’d guess it’ll want to spend around $3–$6 million this year.
The fund has $1.8 million available currently, leaving a $1.2–$4.2 million funding gap. I expect that donors will by default give around $1.4 million by November, likely leaving to a funding shortfall of $0–$2.8 million (with a median guess of $1 million).
Similar to the Long-Term Future Fund, the EA Infrastructure Fund has greatly increased its grantmaking capacity: It received 79 applications as part of the current round (up 2x compared to last round), desk-rejected 21 of them, and decided to fund 25 (up 3x) out of the remaining 58, with a total grant volume of $1.2 million (up 3x), while (in my view) maintaining and perhaps increasing the quality of the grants.