For other funders I guess the response will be simmilar.
I guess a short common sense answer for funders could be: 1st) put commitments on hold and wait until there is more clarity of the actual impact 2nd) identify gaps, assess by urgency/importance 3rd) reprioritize and balance portfolios
For workers and organizations relying on donors: 1st) do not assume you will not be impacted if you don’t receive directly funds from FTX. The money you were relying on may be redirected in the future to other projects previously funded by FTX 2nd) put on hold financial decisions (hiring staff, buying, etc.) in the short term until you get a bit more clarity 3rd) reorganize your personal/organization budget
For Open Philanthropy it is responded in this post:
https://forum.effectivealtruism.org/posts/mCCutDxCavtnhxhBR/some-comments-on-recent-ftx-related-events
For other funders I guess the response will be simmilar.
I guess a short common sense answer for funders could be:
1st) put commitments on hold and wait until there is more clarity of the actual impact
2nd) identify gaps, assess by urgency/importance
3rd) reprioritize and balance portfolios
For workers and organizations relying on donors:
1st) do not assume you will not be impacted if you don’t receive directly funds from FTX. The money you were relying on may be redirected in the future to other projects previously funded by FTX
2nd) put on hold financial decisions (hiring staff, buying, etc.) in the short term until you get a bit more clarity
3rd) reorganize your personal/organization budget