The GiveWell Blog

GiveWell’s 2021 metrics report

| by Robin Dey

In 2021, GiveWell directed the largest amount of money in our history, over $500 million, which we believe will be beneficial or life saving to many people in need. We thank our donors for continuing to trust us to find and recommend some of the most highly cost-effective giving opportunities in the world.

Note that this year, we’ve also updated our metrics report to more clearly communicate about our work. Previously, we reported on our “money moved,” a metric that tried to provide a composite picture of both the funds we raised and directed in a given year. However, starting with our 2021 report, we’ll be reporting on these metrics separately as “funds raised” and “funds directed,” which we believe will be simpler and clearer.

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An update on GiveWell’s funding projections

| by Elie

As little as six months ago, we were in the position of having more funding available than we could spend on opportunities that met our very high cost-effectiveness bar. Today, the opposite is true—we don’t expect to have enough funding to support all the cost-effective opportunities we find.

In this post we will: provide an update on GiveWell’s projected funding position, explain how we have been successful in identifying cost-effective opportunities, and share our initial thoughts about what this update means for GiveWell’s forward-looking grantmaking strategy.

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Neil Buddy Shah has been appointed CEO of the Clinton Health Access Initiative

| by Elie

I am excited to share that GiveWell Managing Director Buddy Shah has been appointed CEO of the Clinton Health Access Initiative (CHAI), a major global health organization working across a range of issues including malaria prevention and maternal and neonatal health. This news is bittersweet for me. I’m sad to be losing the talent, advice, and thought partnership Buddy brought to GiveWell, but I’m thrilled that he is taking up this position—the global health sector will be stronger for it.

CHAI is gaining a great leader in Buddy. But perhaps more importantly for GiveWell and our supporters, this appointment is a signal that effective giving is contributing to more corners of the global health landscape than ever before. Buddy is a strong champion of impact maximization, and I am excited that he will apply this lens in his new role.

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A major update in our assessment of water quality interventions

| by Miranda Kaplan

As we continue to grow, GiveWell seeks to maximize both the cost-effectiveness of the funding we direct and the likely room for more funding of the programs we support. We think we’ve identified a category of interventions that rates really well on both: water treatment, such as chlorination.

This is a major update for us. Before 2020, based on the available evidence, we didn’t believe that water quality interventions had a large enough effect on mortality to make them a competitive target for funding. We’ve since seen new evidence that has led us to significantly increase our estimate of the mortality reduction in young children that’s attributable to these interventions: a 14% reduction in mortality from any cause, up from around 3%.

Though we have remaining uncertainties about these numbers, we’ve substantially updated our view of the promisingness of water treatment. Where we previously found that Evidence Action’s Dispensers for Safe Water program was about as cost-effective as unconditional cash transfers, we now believe it’s about four to eight times as cost-effective, depending on the location. That was a primary factor in our decision to recommend a grant of up to $64.7 million to Dispensers for Safe Water in January 2022.

We’re sharing this news in brief form before we’ve published a grant page, because we’re excited about the potential of this grant and what it represents. It’s an area of work we haven’t supported to a significant degree in the past, but one that we now think could absorb hundreds of millions of dollars in funding for cost-effective programming.

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