The GiveWell Blog

GiveWell’s 2024 Giving Recommendations

Our three Giving Funds—all of which focus on maximizing the impact of your gift—were designed for donors with different preferences, and we encourage you to donate to the one that makes the most sense for you:

  • If you trust GiveWell to decide where and when to allocate your donation, we recommend you donate to our Unrestricted Fund, which can be spent on any GiveWell priority, including both grantmaking and our own operating expenses. We often use unrestricted funding for our operating expenses, but when we have more than we need, we allocate the rest to grantmaking.
  • If you trust GiveWell’s research and want to limit your donation to grantmaking, we recommend you donate to the All Grants Fund, which makes rolling grants to the highest-impact opportunities we can identify in global health and well-being, including some with high expected value that carry a higher risk of not achieving their potential impact.
  • If you want your donation to be allocated quickly to the programs we’re most confident about, we recommend you donate to the Top Charities Fund. We expect to commit donations to this fund, which are used for the highest-priority funding needs at our four Top Charities, in the quarter after they are received.

We think donors can do a huge amount of good by supporting these funds. The rest of this post describes some of the work that donations to these funds have enabled over the past year.

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Malengo: Supporting students to pursue education internationally

GiveWell recently recommended a grant of up to $750,000 to Malengo, an educational migration program. Malengo supports students from low-income countries in moving to high-income countries for university. The goal is to enable them to earn a higher income over time, benefiting both the students and their families.

This post shares why we think Malengo’s program could be cost-effective, how filling this specific funding gap might enable Malengo’s program to become more financially sustainable, and what we hope to learn next.

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What we fund, #1: We fund many opportunities outside our top charities

GiveWell aims to find and fund programs that have the greatest impact on global well-being. We’re open to funding whichever global health and development opportunities seem most cost-effective. So while our top charities list is still what we’re best known for, it’s only part of our impact; we also dedicate substantial funding and research effort to opportunities beyond top charities.

In 2022, 71% of the funds we directed supported our four current top charities, and 29% were directed to other programs. However, most of our research capacity goes toward programs other than our top charities. This is because (a) most programs we direct funding to aren’t top charities (we have four top charities but directed funding to about 40 other grantees in 2022), and (b) it requires more effort to investigate a program we know less deeply.

In this post we’ll share:

  • The overall scope of our grantmaking
  • Why we dedicate funding and research capacity to programs other than our top charities
  • The types of opportunities we support

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GiveWell’s 2023 recommendations to donors

We’re excited about the impact donors can have by supporting our All Grants Fund and our Top Charities Fund. For donors who want to support the programs we’re most confident in, we recommend the Top Charities Fund, which is allocated among our four top charities. For donors with a higher degree of trust in GiveWell and willingness to take on more risk, our top recommendation is the All Grants Fund, which goes to a wider range of opportunities and may have higher impact per dollar. Read more about the options for giving below. We estimate that donations to the programs we recommend can save a life for roughly $5,000 on average, or have similarly strong impact by increasing incomes or preventing suffering.

Why your support matters

We expect to find more outstanding giving opportunities than we can fully fund unless our community of supporters substantially increases its giving. Figures like $5,000 per life saved are rough estimates; while we spend thousands of hours on our cost-effectiveness analyses, they’re still inherently uncertain. But the bottom line is that we think donors have the opportunity to do a huge amount of good by supporting the programs we recommend.

For a concrete sense of what a donation can do, let’s focus briefly on seasonal malaria chemoprevention (SMC), which involves distributing preventive medication to young children.

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Our recommendations for giving in 2022

We wrote back in July that we expected to be funding-constrained this year. That remains true as we approach the end of the year, putting us in the unusual position of leaving impact on the table.

We’ve set a goal of raising $600 million in 2022, but our research team has identified $900 million in highly cost-effective funding gaps. That leaves $300 million in funding gaps unfilled. By donating this year, you can help us not only meet but exceed our goal—and say yes to more excellent opportunities to save and improve lives.

Additionally, our giving guidance for donors has changed this year. For the first time, our top recommendation is to give to our new All Grants Fund, which we allocate to any need that meets our cost-effectiveness bar. We think it’s the best bet for donors who want to support the most promising opportunities we’ve found to help people, regardless of program or location. And it reflects our current views on how we can best meet our goal of maximizing global well-being—by taking advantage of every path to impact, whether that’s funding top charities, seeding and scaling newer programs, or funding research.

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