Over the next few weeks, the Centre for Effective Altruism will be reaching out to the community to raise funds to support our next year of work.
So far, more than 300 effective altruists have contributed to CEA. If it were not for your help, we would not have been able to create a community of effective givers who have pledged more than half a billion dollars to charity, guide hundreds of graduates into careers that make a difference, advise policy-makers around the world on effective policy, or support the effective altruist movement through events like EA Global. Now we need your continued support to help us build on that work. You can find much more detail in the 2015 CEA Winter Prospectus.
As a whole, CEA is committed to making sure that effective altruist ideas reach their potential to shape the world's future for the better. Each of the parts of CEA addresses a different component of that challenge.
- Giving What We Can supports effective donation to charity
- 80,000 Hours helps people lead effective altruist careers
- EA Outreach enables the effective altruist community to grow healthily
- Global Priorities Project helps policy-makers apply EA ideas in their work
Supporting all of this is our operations team which delivers shared services that let each project focus on delivering their core objectives.
Each part of CEA will be raising more this winter to help us hire great people, cover our costs for the year ahead, and make our existing work better and bigger.
- Giving What We Can aims to raise £475,000 and still needs £282,000 to reach that goal.
- 80,000 Hours aims to raise £220,000 and still needs £48,000 to reach that goal.
- EA Outreach aims to raise £474,000 and still needs £274,000 to reach that goal.
- Global Priorities Project aims to raise £300,000 and still needs £160,000 to reach that goal.
- CEA shared services aim to raise £200,000 and still need £150,000 to reach that goal.
Each organisation will be communicating more about their plans and funding needs. You can find an overview of all of our work in the 2015 CEA Winter Prospectus.
I'm happy to answer any of your questions here. You can find details on how to donate here. You can also contact us to discuss donations. You can contact any of the project leaders directly using the details available in our prospectus.
I'm not following the second paragraph. CEA has an overall budget and the general theme I've heard w.r.t. reserves has been 'we want to have about 12 months' reserves'. 12 months reserves is the same number whether the org budgets are consolidated or split out.
Is the thinking that with a large pool of unrestricted funding CEA as a whole would be comfortable running with significantly less, say 6 months reserves (which would still be more than 12 months for any individual org)?
At the moment most of the orgs within CEA target 12 months reserves (though some have less and, in particular, they sometimes fall quite low at some point in the course of the year because we avoid on-going fundraising).
If we had something like 3 months of reserves for all costs unrestricted it would give us either greater financial security or the ability to cut the size of restricted overall reserves to, say, 7 months while keeping similar stability. This would free up EA capital for other projects.
It's a little unclear what the right level of reserves o... (read more)