For what it’s worth: I stopped doing salary sacrifice at a well-funded EA org mainly due to worries about fungibility.
I switched to (mostly) trying to seed fund and encourage individuals that other EA funders might miss, or would be less able to credibly and helpfully encourage.
This has gradually come to seem less useful as EA Funds has been growing and the FTX Future Fund started the regranter programme.
Nonetheless, my guess is that at least 1⁄3 of the value on this approach comes from encouragement and raising aspirations. So I’m keeping going with this for now.
For what it’s worth: I stopped doing salary sacrifice at a well-funded EA org mainly due to worries about fungibility.
I switched to (mostly) trying to seed fund and encourage individuals that other EA funders might miss, or would be less able to credibly and helpfully encourage.
This has gradually come to seem less useful as EA Funds has been growing and the FTX Future Fund started the regranter programme.
Nonetheless, my guess is that at least 1⁄3 of the value on this approach comes from encouragement and raising aspirations. So I’m keeping going with this for now.