The GiveWell Blog

What we fund, #1: We fund many opportunities outside our top charities

GiveWell aims to find and fund programs that have the greatest impact on global well-being. We’re open to funding whichever global health and development opportunities seem most cost-effective. So while our top charities list is still what we’re best known for, it’s only part of our impact; we also dedicate substantial funding and research effort to opportunities beyond top charities.

In 2022, 71% of the funds we directed supported our four current top charities, and 29% were directed to other programs. However, most of our research capacity goes toward programs other than our top charities. This is because (a) most programs we direct funding to aren’t top charities (we have four top charities but directed funding to about 40 other grantees in 2022), and (b) it requires more effort to investigate a program we know less deeply.

In this post we’ll share:

  • The overall scope of our grantmaking
  • Why we dedicate funding and research capacity to programs other than our top charities
  • The types of opportunities we support

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February 2024 updates

Every month we send an email newsletter to our supporters sharing recent updates from our work. We publish selected portions of the newsletter on our blog to make this news more accessible to people who visit our website. For key updates from the latest installment, please see below!

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January 2024 updates

Every month we send an email newsletter to our supporters sharing recent updates from our work. We publish selected portions of the newsletter on our blog to make this news more accessible to people who visit our website. For key updates from the latest installment, please see below!

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December 2023 updates

Every month we send an email newsletter to our supporters sharing recent updates from our work. We publish selected portions of the newsletter on our blog to make this news more accessible to people who visit our website. For key updates from the latest installment, please see below!

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GiveWell from A to Z

To celebrate the end of 2023, we’re highlighting a few key things to know about GiveWell—from A to Z. These aren’t necessarily the 26 most important parts of our work (e.g., we could include only “transparency” or “top charities” for T) but they do fit the alphabet, and we’ve linked to other pages where you can learn more.

All Grants Fund. Our recommendation for donors who have a high level of trust in GiveWell and are open to programs that might be riskier than our top charities.

Bar. We set a cost-effectiveness bar, or threshold, such that we expect to be able to fully fund all the opportunities above that level of cost-effectiveness. This bar isn’t a hard limit; we consider qualitative factors in our recommendations, as discussed here. This post also discusses our bar in more detail.

Cost-effectiveness. The core question we try to answer in our research is: How much good can you do by giving money to a certain program? This blog post describes how we approach cost-effectiveness estimates and use them in our work.

Donors. Unlike a foundation, we don’t hold an endowment. Our impact comes from donors choosing to use our recommendations.

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GiveWell’s 2022 metrics report

In 2022, the most recent year for which data is available and analyzed, GiveWell raised the largest amount of money in our history, over $600 million. We thank our donors for continuing to trust us to find and recommend highly cost-effective giving opportunities. The following table summarizes our funds raised and our funds directed to programs in metrics year 2021 and 2022.

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