Tag Archives: Top Charities Fund

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,[1] 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. We’ve directed funding to Malaria Consortium to implement SMC in several countries, including Burkina Faso.[2]
In Burkina Faso, community health promoters go from household to household across the country, every month during the rainy season (when malaria is most common). They give medicine to each child under the age of five, which involves mixing a medicated tablet into water and then spoon-feeding the medicine to infants and having young children drink it from a cup. They also give caregivers instructions to give additional preventive medicine over the next two days.
It costs roughly $6 to reach a child with a full season’s worth of SMC (though this figure doesn’t account for fungibility, which pushes our estimate of overall cost-effectiveness downward).[3] If a child receives a full course of SMC, we estimate that they’re about five times less likely to get malaria during the rainy season (which is when roughly 70% of cases occur).
Community distributor providing SMC medication to a child sitting on mother’s

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The Maximum Impact Fund is now the Top Charities Fund

We’ve decided to rename the Maximum Impact Fund to better describe what opportunities this fund supports. The Maximum Impact Fund will now be called the Top Charities Fund.
We recently announced changes to our top charity criteria that include a new requirement for our top charities: that we have a high degree of confidence in our expectations about the impact of their programs. Alongside this update, we also introduced a new giving option, the All Grants Fund. The All Grants Fund supports the full range of GiveWell’s grantmaking and can be allocated to any grant that meets our cost-effectiveness bar—including opportunities outside of our top charities and riskier grants with high expected value.1The expected value of a grant is the value of the grant’s outcomes multiplied by the probability that those outcomes will be realized. jQuery(‘#footnote_plugin_tooltip_13910_1_1’).tooltip({ tip: ‘#footnote_plugin_tooltip_text_13910_1_1’, tipClass: ‘footnote_tooltip’, effect: ‘fade’, predelay: 0, fadeInSpeed: 200, delay: 400, fadeOutSpeed: 200, position: ‘top right’, relative: true, offset: [10, 10], });
The new All Grants Fund is a complement to what we have called our Maximum Impact Fund, which is granted to cost-effective opportunities among our top charities. However, we’ve received feedback that describing the fund that supports grantmaking only to our top charities as having “Maximum Impact” is confusing in light of the opportunity to support a wider range of opportunities (with potentially higher expected value) through the All Grants Fund.
Based on this feedback, we’ve decided to change the name of the Maximum Impact Fund to the Top Charities Fund.
Only the name is changing—we aren’t making any further changes to the underlying fund beyond those discussed in our previous post, so any incoming donations designated for the Maximum Impact Fund will automatically be allocated to the Top Charities Fund. We will continue to use donations to this fund to support the highest-priority funding needs among our top charities each quarter. As before, we will apply the same cost-effectiveness bar across our grantmaking, regardless of whether the funding comes from the All Grants Fund or Top Charities Fund.
We appreciate everyone who provided feedback and hope that the new name provides more clarity about how donations to our funds will be used.
More details about our funds and their impact are here.
Notes[+] Notes

↑1 The expected value of a grant is the value

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