The GiveWell Blog

How did we do in 2019? A preliminary look at our growth.

We see an early indication that GiveWell continued its trajectory of robust donor growth last year. The total value of donations processed by GiveWell increased 30% in 2019.[1]

We’re sharing this data now because we believe it is an informative early update about our growth last year. However, GiveWell-processed donations don’t tell the full story of our impact. Many donors who rely on our research give via our partner organizations or directly to our top charities. Their gifts account for the majority of donations due to our work and are not processed by GiveWell. Information about these gifts is time-consuming to gather and has usually led us to release our metrics data many months after the end of the year. We plan to release a complete 2019 metrics report and assessment of our impact, including donations not processed by GiveWell, later this year.

Here’s what we know so far, based on the nearly complete information we have about donations we processed:

  • We processed $54.1 million in donations in 2019. Sixty-five percent of this amount was restricted to our recommended charities and 35% was unrestricted, which we may use to support GiveWell’s operations.
  • Support from donors giving $10,000 to $100,000 comprised the largest proportion of our growth (35%).[2]
  • Returning donors who gave more than last year made up 75% of our growth in funds donated (excluding anonymous donations).[3]
  • We believe that the majority of our growth was organic and would have occurred without any outreach and marketing efforts from GiveWell, although we can attribute some to specific outreach and marketing initiatives.[4]

We’re encouraged by this growth and excited to write about it. We also discuss below some ways that GiveWell-processed donations could be a misleading indicator of our overall impact.

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GiveWell’s money moved and web traffic in 2018

GiveWell is dedicated to finding outstanding giving opportunities and publishing the full details of our analysis. In addition to evaluations of other charities, we publish substantial evaluation of our own work. This post lays out highlights from our 2018 metrics report, which reviews what we know about how our research impacted donors. Please note:

  • We report on “metrics years” that run from February through January; for example, our 2018 data cover February 1, 2018 through January 31, 2019.
  • In an effort to present a more comprehensive measure of our influence on charitable giving, this year’s metrics report includes GiveWell Incubation Grants in our headline “money moved” figure. In previous reports we have excluded Incubation Grants from this figure.

Summary of influence: In 2018, GiveWell influenced charitable giving in several ways. The following table summarizes our understanding of this influence.

Headline money moved: In 2018, we tracked $141 million in money moved to our recommended charities and via our Incubation Grants program. Our money moved only includes donations that we are confident were influenced by our recommendations.

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GiveWell’s plans for 2019

Our top priorities this year support our goals to (a) increase the impact per dollar of the funds we direct and (b) increase our money moved. In 2019, we are focused on:

  • Building research capacity. (More)
  • Experimenting with approaches to outreach to find ones that we can scalably use to drive additional money moved. (More)
  • Exploring new areas of research. (More)
  • Improving GiveWell’s organizational strength. (More)
  • Ongoing research. (More)

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Review of GiveWell’s work in 2018

2018 was a successful year for GiveWell. We achieved most of our goals and our money moved (donations made to our recommended charities due our research) increased significantly.

Each year, we look back at the goals we set the previous year and reflect on how our progress compared to our expectations.

This post will briefly discuss our key achievements and failures in 2018. We describe in detail our progress on the goals we outlined in 2018 here.

In 2018, we:

  • Directed an estimated $65 million in donations to our top charities, not including the contributions of Good Ventures, a large foundation with which we work closely.
  • Added senior hires in operations and outreach: a Director of Operations (Whitney Shinkle) and Head of Growth (Ben Bateman). We expect Whitney and Ben to make major contributions to our work in these domains.
  • Continued to improve and expand our core research product, completing new intervention reports, deepening our analysis for several key inputs into our cost-effectiveness model, and providing more transparent explanations for how we decided to allocate funds between top charities.

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How GiveWell’s research is evolving

To date, most of GiveWell’s research capacity has focused on finding the most impactful programs among those whose results can be rigorously measured. This work has led us to recommend, and direct several hundred million dollars to, charities improving health, saving lives, and increasing income in low-income countries.

One of the most important reasons we have focused on programs where robust measurement is possible is because this approach largely does not rely on subject-matter expertise. When Holden and I started GiveWell, neither of us had any experience in philanthropy, so we looked for charities that we could evaluate through data and evidence that we could analyze, to make recommendations that we could fully explain. This led us to focus on organizations that had impacts that were relatively easy to measure.

The output of this process is reflected in our current top charities and the programs they run, which are analyzed in our intervention reports.

GiveWell has now been doing research to find the best giving opportunities in global health and development for 11 years, and we plan to increase the scope of giving opportunities we consider. We plan to expand our research team and scope in order to determine whether there are giving opportunities in global health and development that are more cost-effective than those we have identified to date.

We expect this expansion of our work to take us in a number of new directions, some of which we have begun to explore over the past few years. We have considered, in a few cases, the impact our top and standout charities have through providing technical assistance (for example, Deworm the World and Project Healthy Children), supported work to change government policies through our Incubation Grants program (for example, grants to the Centre for Pesticide Suicide Prevention and Innovation in Government Initiative), and begun to explore areas like tobacco policy and lead paint elimination.

Over the next several years, we plan to consider everything that we believe could be among the most cost-effective (broadly defined) giving opportunities in global health and development. This includes more comprehensively reviewing direct interventions in sectors where impacts are more difficult to measure, investigating opportunities to influence government policy, as well as other areas.

Making progress in areas where it is harder to determine causality will be challenging. In my opinion, we are excellent evaluators of empirical research, but we have yet to demonstrate the ability to make good judgments about giving opportunities when less empirical information is available. Our values, intellectual framework, culture, and the quality of our staff make me optimistic about our chances, but all of us at GiveWell recognize the difficulty of the project we are embarking on.

Our staff does not currently have the capacity or the capabilities to make enough progress in this direction, so we are planning to significantly increase the size of our staff. We have a research team of ten people, and we are planning to more than double in size over the next three years. We are planning to add some junior staff but are primarily aiming to hire people with relevant experience who can contribute as researchers and/or managers on our team.

GiveWell’s top charities list is not going to change dramatically in the near future, and it may always include the charities we recommend today. Our top charities achieve outstanding, cost-effective results, and we believe they are some of the best giving opportunities in global health and development. We expect to conclude that many of the opportunities we consider in areas that are new for us are less cost-effective than those we currently recommend, but we also think it is possible that we will identify some opportunities that are much more cost-effective. We believe it is worth a major effort to find out.

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GiveWell’s money moved and web traffic in 2017

GiveWell is dedicated to finding outstanding giving opportunities and publishing the full details of our analysis. In addition to evaluations of other charities, we publish substantial evaluation of our own work. This post lays out highlights from our 2017 metrics report, which reviews what we know about how our research impacted donors. Please note:

  • We report on “metrics years” that run from February through January; for example, our 2017 data cover February 1, 2017 through January 31, 2018.
  • We differentiate between our traditional charity recommendations and the work of the Open Philanthropy Project, which became a separate organization in 2017 and whose work we exclude from this report.
  • More context on the relationships between GiveWell, Good Ventures, and the Open Philanthropy Project can be found here.

Summary of influence: In 2017, GiveWell influenced charitable giving in several ways. The following table summarizes our understanding of this influence.

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