Hi David, thanks for engaging! Responding to your questions below.
Yes, sometimes we do this if we think that some opportunity is a particularly good fit for a different funder. Yeah, I would say applicants usually remain active long enough to reapply again in the future. It seems rare to me that our funding is the deciding factor for their continued existence.
I can’t easily pull that information, and I think it depends on the year, but my very rough guess is between 3-30% of funds raised in any given year of the fund’s existence so far were crypto-related. Note that variance too, wherein some years we don’t receive any major crypto-associated donations, and other years our largest donations are crypto-related. When I think about fluctuations for this year or next, I am more thinking about, as Luke put it in one comment:
One thing that I’ve found when speaking with pledgers/​donors and other people in the charitable sector is that economic conditions are also a very important part of the story. This has held since early 2022 when the dollar value of large donations dropped when financial markets and crypto markets declined (our larger donors tend to be more likely to have made money in tech or finance instead of other industries).
Hi David, thanks for engaging! Responding to your questions below.
Yes, sometimes we do this if we think that some opportunity is a particularly good fit for a different funder. Yeah, I would say applicants usually remain active long enough to reapply again in the future. It seems rare to me that our funding is the deciding factor for their continued existence.
I can’t easily pull that information, and I think it depends on the year, but my very rough guess is between 3-30% of funds raised in any given year of the fund’s existence so far were crypto-related. Note that variance too, wherein some years we don’t receive any major crypto-associated donations, and other years our largest donations are crypto-related. When I think about fluctuations for this year or next, I am more thinking about, as Luke put it in one comment:
3. As far as I know this has never happened.
Hope that helps.
Perfect, this was all very insightful— thanks Kieran.