We wrote back in July that we expected to be funding-constrained this year. That remains true as we approach the end of the year, putting us in the unusual position of leaving impact on the table.
We’ve set a goal of raising $600 million in 2022, but our research team has identified $900 million in highly cost-effective funding gaps. That leaves $300 million in funding gaps unfilled. By donating this year, you can help us not only meet but exceed our goal—and say yes to more excellent opportunities to save and improve lives.
Additionally, our giving guidance for donors has changed this year. For the first time, our top recommendation is to give to our new All Grants Fund, which we allocate to any need that meets our cost-effectiveness bar. We think it’s the best bet for donors who want to support the most promising opportunities we’ve found to help people, regardless of program or location. And it reflects our current views on how we can best meet our goal of maximizing global well-being—by taking advantage of every path to impact, whether that’s funding top charities, seeding and scaling newer programs, or funding research. See below for more on all three of our giving funds.
Why your support is so important
We rely heavily on numbers to think through our funding decisions. But it’s important to remind ourselves what those numbers represent. If we reach our goal of $600 million this year, we speculatively guess that that funding would save around 70,000 lives. That’s approximately the population of Portland, Maine.
To make the image a little more specific: we also expect most of the lives saved will be those of very young children, under five years old. If they reach their fifth birthday, they’ll have a much higher chance of surviving into adulthood. We think about 49,000 of the lives these donations are expected to save will be those of children under five—enough to fill more than 2,000 average US primary school classrooms.
But raising $600 million is not a given. We expect $350 million of our funding this year to come from Open Philanthropy, our single largest donor. The rest will come from our broader community of supporters (like you!), and our projections for this category of our fundraising are fairly uncertain.
What $600 million will enable
Last year, our research team had tremendous success in identifying new room for more funding, and those efforts have continued to bear fruit in 2022. We’ve found highly cost-effective funding opportunities in both the interventions implemented by our top charities—malaria prevention, incentives for vaccination, and vitamin A supplementation (VAS)—and newer-to-us areas, such as water treatment, iron fortification, and maternal syphilis screening and treatment.
Below are just a few examples of what the money we raise this year will likely fund:
- $30.2 million to New Incentives for continued expansion of its program. New Incentives, a top charity since 2020, provides cash transfers to incentivize caregivers in northern Nigeria to get their infants vaccinated. Funding from GiveWell and others has enabled the program to grow rapidly over the past couple of years. Prior to this grant, New Incentives had raised funding to reach approximately 3.2 million children across northern Nigeria; we estimate that this grant will allow it to reach approximately 1.4 million additional children.
- $2.4 million to r.i.c.e., a nonprofit that has partnered with the government of Uttar Pradesh, India, to continue operating the Project on Breastfeeding and Newborn Care. The project focuses on kangaroo mother care (KMC), and r.i.c.e. is exploring potential avenues to expand its scale. KMC supports caregivers to adopt best practices for low-birthweight infants, including skin-to-skin contact and early initiation of breastfeeding. Our best guess is that KMC reduces neonatal mortality in low-birthweight infants by 27% compared with conventional neonatal intensive care. We think the effect might be larger for low-birthweight infants who aren’t getting other targeted care, such as those in the hospital where r.i.c.e. works.
- $6.2 million to PATH to conduct a pilot of perennial malaria chemoprevention (PMC), formerly called intermittent preventive treatment in infants for malaria, in the Democratic Republic of the Congo (DRC). PMC provides antimalarial drugs to infants at routine vaccination visits to protect them from malaria. We believe PMC is potentially a very cost-effective way to prevent malaria deaths, but it isn’t yet widely implemented. This grant for implementation research could help demonstrate feasibility and open up the possibility for PMC to be brought to scale in DRC, by GiveWell or another funder.
- Around $40 million to Malaria Consortium for its seasonal malaria chemoprevention (SMC) program in Nigeria. SMC involves distributing preventive antimalarial drugs during peak malaria season to children living in places where malaria is highly seasonal. This grant will enable Malaria Consortium to continue delivering SMC to children in Nigerian states that have a high malaria burden, but no other large, dedicated sources of SMC funding.
What we could do with more
We’re thrilled about the expected impact of the above grants, all of which we estimate are above our bar of 10 times as cost-effective as cash transfers. But if our donor community gives beyond our goal, we’d have no shortage of funding gaps to fill with those donations, too.
We’ve identified another $300 million in cost-effective opportunities (at least 6 times as cost-effective as cash transfers) that we’d be excited to consider funding. Programs in this category include Evidence Action’s in-line chlorination program in Kenya, Nutrition International’s support for vitamin A supplementation (VAS) in Angola, and Malaria Consortium’s SMC program in countries that haven’t yet delivered SMC at large scale. We very roughly estimate that funding this additional work could result in more than 30,000 additional lives saved.
Our giving funds, and our top recommendation
GiveWell has three distinct giving funds. Which fund you choose to support depends largely on how much you value confidence and established track record in a program, and how much you trust GiveWell to direct funding where it’s most needed.
All Grants Fund (top recommendation)
Our All Grants Fund, which is allocated to any grant that meets our cost-effectiveness bar, is our top recommendation for most donors. It allows donors to contribute to the most impactful grant opportunities we’ve identified, regardless of program or location. Supporting the All Grants Fund is an especially good fit for donors who have a high level of trust in GiveWell and are open to some calculated risk, but also want their donation to support programs (as opposed to GiveWell’s operations). You can find examples of the types of grants that could be funded by the All Grants Fund here.
Top Charities Fund
The Top Charities Fund is allocated to the highest-priority funding gaps among our top charities only. It’s a good fit for donors who trust GiveWell’s approach to identifying excellent programs, but want to restrict their gifts to those that warrant our highest degree of confidence, in accordance with our top charity criteria. Our current top charities are:
Our Unrestricted Fund can be spent on any GiveWell priority, including our own operating expenses (such as staff salaries, website maintenance, and other routine costs).
If we raise more funding than we need for our operating costs, we will grant out the excess. Because of this, donors needn’t worry that GiveWell’s operating budget will ever be overfunded.
The Unrestricted Fund is the best fit for a donor who’s excited about GiveWell’s work and wants to fund the activities, such as research, recruitment, and fundraising, that fuel our success.
You can learn more about all of our giving funds here. If you’d like to donate directly to one of our top charities, you can find a list of links here. Read more about all options for supporting recommended programs here.
What we’re asking from donors
The generosity of donors to GiveWell and our recommended charities since our founding will be responsible for transformative change. We expect that funding directed by GiveWell from our inception to the end of 2022 will save at least 200,000 lives, an achievement we can all be incredibly proud of. Still, the very cost-effective funding gaps we’re likely to leave unfilled this year illustrate that a significant need remains.
If you’re an impact-focused donor, we ask that you give what you can this year to help reduce the gap—with the knowledge that you’ll be contributing toward exceptionally cost-effective work. We’re grateful for your support of effective programs!