Jonas, just to clarify, could you confirm that the non-global health funds have been making grants on the planned Feb/July/November schedule even if some of the reports haven’t been published yet? I ask because the Infrastructure Fund shows a zero balance as of the end of Nov (suggesting a Nov grant round took place) but the Animal Fund and LTFF show non-zero balances that suggest no grants have been made since the last published grant reports (Jul and Apr respectively).
For example, LTFF shows a balance of ~$2.5m as of the end of nov, which is the same as the difference between the cumulative $3.6m the fund had raised in 2021 through the end of nov, and the cumulative $1.1m the fund had raised through the end of April (date of the last grant report). If the LTFF had a July (or November) grant round, I’d expect a lower current balance.
There have been dozens of grants made since the last published reports, much more than over the same period last year, both in numbers and dollar amounts.
Both LTFF and EAIF have received large amounts of funding recently, some of which has already been processed, and some of which hasn’t.
Thanks for clarifying Jonas. Glad to hear the funds have been making regular grants (which to me is much more important than whether they follow a specific schedule). But FYI the fund pages still refer to the Feb/Jul/Nov grant schedule, so probably worth updating that when you have a chance.
Re: the balances on the fund web pages, it looks like the “fund payout” numbers only reflect grants that have been reported but not the interim grants since the last report, is that correct? Do the fund balances being displayed also exclude these unreported grants (which would lead to higher cash balances being displayed than the funds currently have available)? Just trying to make sure I understand what the numbers on the funds’ pages are meant to represent.
But FYI the fund pages still refer to the Feb/Jul/Nov grant schedule, so probably worth updating that when you have a chance.
Thanks, fixed!
Re: the balances on the fund web pages, it looks like the “fund payout” numbers only reflect grants that have been reported but not the interim grants since the last report, is that correct?
Correct.
Do the fund balances being displayed also exclude these unreported grants (which would lead to higher cash balances being displayed than the funds currently have available)?
No, they don’t.
I can see that this is confusing. We will likely de-emphasize the fund balance (probably move it to the Stats page) because it’s hard to clarify what it means and people frequently read too much into it.
Jonas, just to clarify, could you confirm that the non-global health funds have been making grants on the planned Feb/July/November schedule even if some of the reports haven’t been published yet? I ask because the Infrastructure Fund shows a zero balance as of the end of Nov (suggesting a Nov grant round took place) but the Animal Fund and LTFF show non-zero balances that suggest no grants have been made since the last published grant reports (Jul and Apr respectively).
For example, LTFF shows a balance of ~$2.5m as of the end of nov, which is the same as the difference between the cumulative $3.6m the fund had raised in 2021 through the end of nov, and the cumulative $1.1m the fund had raised through the end of April (date of the last grant report). If the LTFF had a July (or November) grant round, I’d expect a lower current balance.
No, the EAIF and LTFF now have rolling applications: https://forum.effectivealtruism.org/posts/oz4ZWh6xpgFheJror/you-can-now-apply-to-ea-funds-anytime-ltff-and-eaif-only
There have been dozens of grants made since the last published reports, much more than over the same period last year, both in numbers and dollar amounts.
Both LTFF and EAIF have received large amounts of funding recently, some of which has already been processed, and some of which hasn’t.
Thanks for clarifying Jonas. Glad to hear the funds have been making regular grants (which to me is much more important than whether they follow a specific schedule). But FYI the fund pages still refer to the Feb/Jul/Nov grant schedule, so probably worth updating that when you have a chance.
Re: the balances on the fund web pages, it looks like the “fund payout” numbers only reflect grants that have been reported but not the interim grants since the last report, is that correct? Do the fund balances being displayed also exclude these unreported grants (which would lead to higher cash balances being displayed than the funds currently have available)? Just trying to make sure I understand what the numbers on the funds’ pages are meant to represent.
Thanks, fixed!
Correct.
No, they don’t.
I can see that this is confusing. We will likely de-emphasize the fund balance (probably move it to the Stats page) because it’s hard to clarify what it means and people frequently read too much into it.
Thanks for the feedback!
Thanks Jonas!