This is the fundamental question of the Effective Altruism movement, and it should be the fundamental question of all charitable giving. I think the first fundamental insight of effective altruism (which really took it from Peter Singer) is that your donation can change someone’s life, and the wrong donation can accomplish nothing. People do not imagine charity in terms of “investments” and “payoffs”, yet GiveWell estimates that you can save a human life for somewhere in the magnitude of $2500.
Many American households donate that much to charity every year, and simply put, if the charities we donate to don’t try to maximize their impact, our donations may not help many people, when they could be saving a life.
This post is a short reminder that we have researched empirical evidence that you can make a difference in the world! The EA movement has already done very impressive work on how we might evaluate charitable giving, why the long term future matters, and what the most important and tractable issues might be.
Apart from the baseline incredible giving opportunities in global poverty (see GiveWell’s top charities), the long term future is an important and underfocused area of research. If humanity lives for a long time, then the vast majority of conscious humans who will exist will exist in the far future. Taking steps to ensure their existence could have massive payoffs, and concrete research in this area to avoid things like existential risk seems very important and underfunded.
I write this blog post not to shame people into donating their entire incomes (see Slate Star Codex on avoiding being eaten by consequentialist charitable impacts), but rather to ask donors to evaluate where you are sending your money within your budget and to see if perhaps the risk of paying such a high opportunity cost is worth it. Alma maters and church groups are the most common form of charity Americans give to, but the impacts from these areas seem much lower than donating to global poverty programs or the long term future.
Finally, part of this blog post is simply to publicly discuss what I donate to and to encourage others to create a charitable budget and allocate it to address problems that are large in the number of people they impact, highly neglected, and highly solvable. I thus donate about a third of my budget to GiveWell as a baseline based on evidence backed research to save lives today. I then donate another third of my budget to long term causes where I think the impact is the highest, but the tractability is perhaps the lowest. Top charities I’ve donated to here include the Machine Intelligence Research Institute for AI alignment research, as well as the Long Term Future Fund from EA Funds.
The last third of my budget is reserved to focusing on policy, which is where I believe the EA movement is currently weakest. I donate money to the Institute for Justice, as they work on fairly neglected problems in a tractable way, winning court cases to improve civil liberties for U.S. citizens. I also like the Center for Election Science as they work to improve the democratic processes in the US. It would be great to be able to move good policies to polities with bad institutions (i.e. many developing nations), but that problem seems highly intractable. It may be that the best we can do is create good institutions here and hope they are copied. I’m open to different ideas, but I am a relatively small donor and so I believe that taking risks with a portion of my donations in ways that differ from the main EA thrust is warranted. This is by far my most uncertain category, and thus usually I will not entirely fulfill my budget for policy charities. I plan on giving anything remaining to GiveWell.
There are many resources from the Effective Altruism community, and I’ll include several links of similar recommendations from around the EA community. If you haven’t heard of EA charities, consider giving some of your charity budget to GiveWell, or other EA organization you find convincing. If you don’t have a charity budget, consider making one for next year. Even small amounts a year can potentially save dozens of cumulative lives!