“Our sense is we’re able to generate >2x more value per time with our other activities [than with open calls]”: does this number include an estimate of the time spent by regrantors? (Even if it doesn’t, the 2x figure is still interesting.)
Either way it looks pretty hard to have a real apples-to-apples comparison, since presumably the open call takes significantly more time from prospective grantees (but you wouldn’t want to count that the same as grantmaker time).
“Our sense is we’re able to generate >2x more value per time with our other activities [than with open calls]”: does this number include an estimate of the time spent by regrantors? (Even if it doesn’t, the 2x figure is still interesting.)
Either way it looks pretty hard to have a real apples-to-apples comparison, since presumably the open call takes significantly more time from prospective grantees (but you wouldn’t want to count that the same as grantmaker time).