We significantly increased our grantmaking capacity through increasing the number of fund managers (recently increased to six from four), implementing a new evaluation system, and significantly increasing the time commitment per fund manager.
What do you think are the main benefits of the increased grantmaking capacity? For example, is it more about generally increasing the precision of your estimates about grants or about allowing you to consider more grants or allowing you to reach a degree of certainty about some grants that you feel confident making them (whereas otherwise you might lean in favour of granting, but not feel you had been able to give it enough consideration to feel confident granting) or other things?
More time for in-depth evaluation, therefore increasing the average ROI of grants,
Increased capacity for active grantmaking. Previously we were mainly evaluating applications submitted through the application form. Now we have more time to create RPF, individually distribute it to potential grantees, and help with coordinated efforts. As a result, we may be able to create uniquely impactful opportunities that wouldn’t have existed counterfactually,
Enabled more specialization and therefore even more informed decisions, especially in relation to more unusual opportunities, e.g., neglected species, research, or new approaches,
Increased ability to support grantees with resources other than funding, e.g., connecting with relevant experts,
Increased capacity for communicating Fund’s approach, like this AMA.
What do you think are the main benefits of the increased grantmaking capacity? For example, is it more about generally increasing the precision of your estimates about grants or about allowing you to consider more grants or allowing you to reach a degree of certainty about some grants that you feel confident making them (whereas otherwise you might lean in favour of granting, but not feel you had been able to give it enough consideration to feel confident granting) or other things?
There are multiple benefits I see:
More time for in-depth evaluation, therefore increasing the average ROI of grants,
Increased capacity for active grantmaking. Previously we were mainly evaluating applications submitted through the application form. Now we have more time to create RPF, individually distribute it to potential grantees, and help with coordinated efforts. As a result, we may be able to create uniquely impactful opportunities that wouldn’t have existed counterfactually,
Enabled more specialization and therefore even more informed decisions, especially in relation to more unusual opportunities, e.g., neglected species, research, or new approaches,
Increased ability to support grantees with resources other than funding, e.g., connecting with relevant experts,
Increased capacity for communicating Fund’s approach, like this AMA.