The GiveWell Blog

Announcing the Change Our Mind Contest for critiques of our cost-effectiveness analyses

We’re extremely excited to be announcing the Change Our Mind Contest to encourage critiques of our cost-effectiveness analyses that could lead to substantial improvements of our overall allocation of funds. For all the details, see this page.

Cost-effectiveness is the single most important input in our decisions about what programs to recommend, and we believe it’s possible that we’re missing important considerations or making mistakes that lead us to allocate funding suboptimally. We’ve been excited to see people engaging with our cost-effectiveness analyses, and we’d like to inspire more of that engagement.

With that in mind, we’re inviting you to identify potentially important mistakes or weaknesses in our existing cost-effectiveness analyses and tell us about them!

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GiveWell’s 2021 metrics report

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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GiveWell’s money moved in 2020

2020 was another year of tremendous growth. GiveWell donors contributed over $240 million to our recommended charities (our “2020 money moved”), a 60% increase from the approximately $150 million we directed in 2019. This is part of an exciting, long-term trend. Just a decade ago, in 2010, GiveWell’s total money moved was $1.5 million.

We believe these donations will save tens of thousands of lives and benefit many others. This incredible impact would not be possible without the continued support and generosity of our donors. While our research enables us to identify and recommend highly cost-effective giving opportunities, our donors are responsible for turning those recommendations into real change for some of the poorest individuals in the world.

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Early signs show that you gave more in 2020 than 2019—thank you!

Our donor community appears to have given significantly more in 2020 than 2019, according to early data on donations we processed.

Growth was strong relative to previous years—even 2019, which also had strong growth—and across many different dimensions. Overall, donations to GiveWell more than doubled in 2020.

We estimate that these donations will collectively save more than 12,000 lives; provide over 2 million deworming treatments to children, leading to an approximate increase in that group’s lifetime earnings of more than $21 million; and deliver almost 3,000 cash transfers to low-income households. For simplicity, the impact estimates in this paragraph exclude some donation types, and so don’t represent the full impact of donations to GiveWell in 2020.[1]

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GiveWell’s money moved in 2019

GiveWell donors contributed over $150 million to our recommended charities in 2019. This is the first year in our 13-year history we have reached this remarkable milestone.

While it is easy to celebrate this large headline figure, we should not lose sight of the transformative impact this number represents, nor should we overlook the compassion and generosity of the donors behind these dollars. We estimate that donations made to our top charities in 2019 will:

  • Avert the deaths of between 19,000 and 32,000 people,
  • Provide parasitic worm treatments to over 12 million children, and
  • Deliver unconditional cash transfers to over 14,000 families.[1]

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GiveWell’s plans for 2020

Each spring, we share our plans for the year. Here, we highlight the work we plan to do in 2020 that is most likely to help us realize our mission of identifying and directing funding to highly cost-effective giving opportunities.((This post does not include a complete accounting of everything we plan to do in 2020. In particular, it does not include work aimed at primarily internal-facing results, such as improvements to internal staff communications.)) We focus on three projects:

  1. Expanding into new areas of research.
  2. Searching for new, cost-effective funding opportunities in our traditional research areas.
  3. Building our donor community.

Sharing our annual plans and publicly reflecting back on them a year later is our typical practice. This year, of course, is atypical. The plans we laid out internally at the beginning of the year have been disrupted by the COVID-19 pandemic. The plans we share in this post take the pandemic into account, but we are more uncertain than usual about what will happen in 2020. We expect that much of our work will go forward as anticipated, but we will be flexible if there are unforeseen disruptions or changes to our research agenda that result from the pandemic.

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