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Kerry_Vaughan comments on Introducing the EA Funds - Effective Altruism Forum

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Comment author: Kerry_Vaughan 10 February 2017 11:24:00PM 1 point [-]

What reason do donors have to think they aren't just crowding out donations from OpenPhil's main fund?

The idea is that crowding out OpenPhil is likely better than the alternative for a lot of individual EAs. For example, if you were going to donate to AMF, crowding out OpenPhil is better if you buy OpenPhil's belief that their grantmaking is better in expectation than AMF. If you think 1) that your donations are better than crowding out OpenPhi in expectation and 2) that OpenPhil staff serving as fund managers will use the money to crowd out OpenPhil, then it makes sense to not donate via the fund in its MVP configuration.

In the future, we plan to use the funds as a platform that will let a wider variety of people do in-depth charity research and have money to support the charities they find. In the future, I think EA Funds will contribute to a much wider variety of ideas.