The GiveWell Blog

Allocation of discretionary funds from Q2 2019

In the second quarter of 2019, donors gave a combined $2.3 million to GiveWell for granting to recommended charities at our discretion. We greatly appreciate this support, which enables us to direct funding where we believe it can be used most effectively. We grant this funding to one or more of our top charities each quarter.

We decided to allocate all $2.3 million to the Against Malaria Foundation (AMF). AMF is a GiveWell top charity that provides support for the distribution of long-lasting insecticide-treated nets to prevent malaria. AMF has been named a GiveWell top charity seven times. We chose to allocate the second-quarter funding to AMF because we believe AMF has a highly cost-effective and time-sensitive opportunity to spend it.

Our bottom line

We continue to recommend that donors giving to GiveWell choose the option on our donation form for “grants to recommended charities at GiveWell’s discretion” so that we can direct the funding to the top charity or charities with the most pressing funding needs. For donors who prefer to give to a specific charity, we note that if we had additional funds to allocate at this time, we would very likely allocate them to AMF, which we believe could use additional funding for highly cost-effective work, even after receiving the $2.3 million in funding mentioned above.

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Allocation of discretionary funds from Q1 2019

In the first quarter of 2019, donors gave a combined $4.7 million for granting to recommended charities at our discretion.

We really appreciate the generosity of our supporters in making it possible for us to regularly allocate funding to the top charity or charities that we believe can best use additional funding. Thank you!

In this post, we discuss our decision to allocate this $4.7 million to the Against Malaria Foundation (AMF), as well as the process we followed to arrive at this decision.

We continue to recommend that donors giving to GiveWell choose the option on our donation form for “grants to recommended charities at GiveWell’s discretion” so that we can direct the funding to the top charity or charities with the most pressing funding needs. For donors who prefer to give to a specific charity, we note that if we had additional funds to allocate at this time, we would very likely allocate them to AMF, which we believe could use additional funding for highly cost-effective work, even after receiving the $4.7 million in funding mentioned above.

Our bottom line

As we did last quarter, we focused our efforts on deciding between allocating funding to Malaria Consortium vs. AMF. We currently believe that AMF has a more time sensitive funding need than Malaria Consortium, and our best guess is that it will have equivalent impact per dollar to Malaria Consortium. This led us to allocate funding to AMF.

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Allocation of discretionary funds from Q2 2018

In April to June 2018, we received $1.2 million in funding for making grants at our discretion. In addition, GiveWell’s Board of Directors voted to allocate $2.9 million in unrestricted funds to making grants to recommended charities. In this post we discuss:

  • The decision to allocate the $4.1 million to the Against Malaria Foundation (AMF) (70 percent) and the Schistosomiasis Control Initiative (SCI) (30 percent).
  • Our recommendation that donors give to GiveWell for granting to top charities at our discretion so that we can direct the funding to the top charity or charities with the most pressing funding need. For donors who prefer to give directly to our top charities, we continue to recommend giving 70 percent of your donation to AMF and 30 percent to SCI to maximize your impact.
  • Why we have allocated unrestricted funds to making grants to recommended charities.

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Why we don’t use subnational malaria mortality estimates in our cost-effectiveness models

Summary

We recently completed a small project to determine whether using subnational baseline malaria mortality estimates would make a difference to our estimates of the cost-effectiveness of two of our top charities, the Against Malaria Foundation and Malaria Consortium. We ultimately decided not to include these adjustments because they added complexity to our models and would require frequent updating, while only making a small difference (a 3-4% improvement) to our bottom line.

Though this post is on a fairly narrow topic, we believe this example illustrates the principles we use to make decisions about what to include in our cost-effectiveness model.

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Allocation of discretionary funds from Q1 2018

In the first quarter of 2018, we received $2.96 million in funding for making grants at our discretion. In this post we discuss:

  • The decision to allocate the $2.96 million to the Against Malaria Foundation (AMF) (70 percent) and the Schistosomiasis Control Initiative (SCI) (30 percent).
  • Our recommendation that donors give to GiveWell for granting to top charities at our discretion so that we can direct the funding to the top charity or charities with the most pressing funding need. For donors who prefer to give directly to our top charities, we continue to recommend giving 70 percent of your donation to AMF and 30 percent to SCI to maximize your impact.

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Allocation of discretionary funds from Q4 2017

In the fourth quarter of 2017, we received $5.6 million in funding for making grants at our discretion. In this post we discuss:

  • The decision to allocate the $5.6 million to the Schistosomiasis Control Initiative (SCI).
  • Our recommendation that donors give to GiveWell for granting to top charities at our discretion so that we can direct the funding to the top charity or charities with the most pressing funding need. For donors who prefer to give directly to our top charities, we continue to recommend giving 70 percent of your donation to AMF and 30 percent to SCI to maximize your impact.

We noted in November that we would use funds received for making grants at our discretion to fill the next highest priority funding gaps among our top charities. We also noted that our best guess at the time was that we would give 70 percent to the Against Malaria Foundation (AMF) and 30 percent to SCI.

Based on information received since November, described below, we allocated the $5.6 million to SCI, rather than dividing these funds between AMF and SCI, as previously expected. GiveWell’s Executive Director, Elie Hassenfeld, the fund advisor on the Effective Altruism Fund for Global Health and Development also recommended that the fund grant out the $1.5 million that it held to SCI.

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