The GiveWell Blog

We aim to cost-effectively direct around $1 billion annually by 2025

A little over a decade ago in 2010, GiveWell directed around $1.5 million to the charities we recommended. In 2021, we expect we’ll raise at least $500 million, and may raise as much as $560 million or more.

We never anticipated that we’d grow this large this quickly. We’ve seen rapid growth from donors of all sizes, the most recent of which is a commitment of $300 million from Open Philanthropy.

While this growth comes with challenges—we’re working hard to hire enough researchers—it’s a testament to our donors’ trust in us and enthusiasm for our mission.

But these big numbers are relatively small in the long-term scope of what GiveWell hopes to achieve. We believe there are billions of dollars’ worth of annual cost-effective giving opportunities that we have yet to identify.

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GiveWell’s money moved in 2020

2020 was another year of tremendous growth. GiveWell donors contributed over $240 million to our recommended charities (our “2020 money moved”), a 60% increase from the approximately $150 million we directed in 2019. This is part of an exciting, long-term trend. Just a decade ago, in 2010, GiveWell’s total money moved was $1.5 million.

We believe these donations will save tens of thousands of lives and benefit many others. This incredible impact would not be possible without the continued support and generosity of our donors. While our research enables us to identify and recommend highly cost-effective giving opportunities, our donors are responsible for turning those recommendations into real change for some of the poorest individuals in the world.

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Early signs show that you gave more in 2020 than 2019—thank you!

Our donor community appears to have given significantly more in 2020 than 2019, according to early data on donations we processed.

Growth was strong relative to previous years—even 2019, which also had strong growth—and across many different dimensions. Overall, donations to GiveWell more than doubled in 2020.

We estimate that these donations will collectively save more than 12,000 lives; provide over 2 million deworming treatments to children, leading to an approximate increase in that group’s lifetime earnings of more than $21 million; and deliver almost 3,000 cash transfers to low-income households. For simplicity, the impact estimates in this paragraph exclude some donation types, and so don’t represent the full impact of donations to GiveWell in 2020.[1]

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GiveWell’s money moved in 2019

GiveWell donors contributed over $150 million to our recommended charities in 2019. This is the first year in our 13-year history we have reached this remarkable milestone.

While it is easy to celebrate this large headline figure, we should not lose sight of the transformative impact this number represents, nor should we overlook the compassion and generosity of the donors behind these dollars. We estimate that donations made to our top charities in 2019 will:

  • Avert the deaths of between 19,000 and 32,000 people,
  • Provide parasitic worm treatments to over 12 million children, and
  • Deliver unconditional cash transfers to over 14,000 families.[1]

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GiveWell’s plans for 2020

Each spring, we share our plans for the year. Here, we highlight the work we plan to do in 2020 that is most likely to help us realize our mission of identifying and directing funding to highly cost-effective giving opportunities.((This post does not include a complete accounting of everything we plan to do in 2020. In particular, it does not include work aimed at primarily internal-facing results, such as improvements to internal staff communications.)) We focus on three projects:

  1. Expanding into new areas of research.
  2. Searching for new, cost-effective funding opportunities in our traditional research areas.
  3. Building our donor community.

Sharing our annual plans and publicly reflecting back on them a year later is our typical practice. This year, of course, is atypical. The plans we laid out internally at the beginning of the year have been disrupted by the COVID-19 pandemic. The plans we share in this post take the pandemic into account, but we are more uncertain than usual about what will happen in 2020. We expect that much of our work will go forward as anticipated, but we will be flexible if there are unforeseen disruptions or changes to our research agenda that result from the pandemic.

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Reflecting on our progress in 2019

GiveWell grew significantly in 2019. We hired 13 full-time staff members, bringing our total size to 37, and expanded our ability to take on new projects across domains. We feel positioned to do more and better work going forward as a result.

We see a strong indication that the amount of funding we directed to our recommended charities increased last year, too. While we haven’t reconciled all giving from 2019, the value of donations we processed increased by about 30% in 2019.

We’re proud of what we accomplished in 2019. We also fell short of some goals last year. Most notably, we failed to make as much progress as we planned in researching new areas of global health and poverty alleviation.

This blog post provides a brief look at our key successes and failures last year. A more detailed accounting of how our progress in 2019 compared to the goals we set is available on this page.

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