The GiveWell Blog

Coefficient Giving Commits $175 Million to GiveWell Opportunities

We are excited to share that Coefficient Giving, formerly Open Philanthropy, has decided to renew and increase their funding for GiveWell, committing to set aside $175 million in 2026 for opportunities we recommend.

This is great news for the people our grants help, and it comes at a critical moment. Following 2025’s aid cuts, we think needs are greater than they were a year ago, and we expect they will continue to grow in the coming years as the impacts of current and future cuts mount. We’re grateful to see donors—including Coefficient Giving—stepping up and signaling that they trust us to help in the years ahead.

We think donating now to our Giving Funds remains an excellent way to help people in need, and we’re actively seeking donors who want to be part of this moment of substantial need and opportunity. Every dollar you give will be put to work, saving and improving lives through the most cost-effective programs our research identifies.

Growing Our Impact

Last year, we raised $415 million and directed $397 million. This new commitment from Coefficient Giving, combined with recent updates from other donors, will make a real difference in the amount of funding we use to help people over the next few years.

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Open Philanthropy’s 2023-2025 funding of $300 million total for GiveWell’s recommendations

This year, Open Philanthropy plans to give $300 million for GiveWell to spend over the next three years. We’re grateful for what this support will enable us to do.

Annualized, this is similar to what Open Philanthropy gave in 2020 and roughly in line with what we projected earlier this year. It’s less than Open Philanthropy gave in 2021 and 2022, and we’ll need strong growth in donations in order to make up the difference. We expect to identify more great funding opportunities than we’ll be able to fund, and your support can fill those cost-effective gaps, helping to save and improve people’s lives.

Below, we share:

  • How this update affects GiveWell’s work
  • More background on Open Philanthropy and GiveWell’s relationship
  • Why Open Philanthropy’s spending is changing
  • The impact donors can have by supporting GiveWell’s recommendations

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Separating GiveWell and the Open Philanthropy Project

GiveWell has been planning to separate the Open Philanthropy Project from GiveWell for over a year. We’re happy to announce that as of June 1, GiveWell and the Open Philanthropy Project are separate organizations. GiveWell sold assets and transferred staff to the Open Philanthropy Project LLC, an entity created for the purpose of potentially acquiring the Open Philanthropy Project’s assets and continuing its operations. (Read more about the Open Philanthropy Project LLC here.) The transaction was unanimously approved by GiveWell’s non-conflicted Board members.

We do not expect this change to impact most of GiveWell’s donors. We’re proud to have incubated the Open Philanthropy Project as part of GiveWell and are excited to see what it achieves as an independent organization.

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New posts on the Open Philanthropy Blog: Our early farm animal welfare grants, philosophy of hits-based giving

We are now posting content relevant to the Open Philanthropy Project to the Open Philanthropy Blog, rather than the GiveWell Blog. For a period of time, we will be posting notices here when new content appears, in order to ease the transition. We encourage those interested in the Open Philanthropy Project to follow it via…

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New posts on the Open Philanthropy Blog: Our approach to grantmaking so far, and the launch of the Alliance for Safety and Justice

We are now posting content relevant to the Open Philanthropy Project to the Open Philanthropy Blog, rather than the GiveWell Blog. For a period of time, we will be posting notices here when new content appears, in order to ease the transition. We encourage those interested in the Open Philanthropy Project to follow it via…

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