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EA Funds organisational update: Open Philanthropy matching and distancing
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calebp
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3/5
Good(3)Good quality. Reputable source with community review or editorial standards, but less rigorous than peer-reviewed venues.
Rating inherited from publication venue: EA Forum
This 2023 announcement is relevant to understanding EA funding ecosystem dynamics, Open Philanthropy's influence on longtermist infrastructure, and efforts to diversify control over key AI safety and EA grantmaking bodies.
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126
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40
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eaforum
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Building effective altruismCommunityEffective givingEffective Altruism FundsAnnouncements and updatesCoefficient GivingDonation matchingEffective Altruism Infrastructure FundGrantmakingLong-Term Future FundOrganization updates
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Importance: 38/100blog postnews
Summary
EA Funds announced structural changes to increase independence from Open Philanthropy, including the resignation of LTFF and EAIF chairs who also work at Open Phil. To bridge funding gaps, Open Philanthropy offered 2:1 donation matching up to $3.5M each for LTFF and EAIF over six months.
Key Points
- •LTFF chair Asya Bergal and EAIF chair Max Daniel are stepping down due to conflicts from simultaneously holding Open Philanthropy staff roles.
- •Open Philanthropy has covered the entire operations budget of EA Funds and a substantial proportion of EAIF and LTFF grant budgets.
- •A 2:1 donation match (up to $3.5M each) is offered for LTFF and EAIF to reduce financial dependence on Open Philanthropy.
- •LTFF faces a ~$3.84M funding gap and EAIF faces a ~$3.6M gap over the next six months.
- •The move reflects broader EA ecosystem efforts to diversify funding and reduce concentration of influence from a single major donor.
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EA Funds organisational update: Open Philanthropy matching and distancing — EA Forum
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by calebp Aug 2 2023 6 min read 40 126
Building effective altruism Community Effective giving Effective Altruism Funds Announcements and updates Coefficient Giving Donation matching Effective Altruism Infrastructure Fund Grantmaking Long-Term Future Fund Organization updates Frontpage EA Funds organisational update: Open Philanthropy matching and distancing Our relationship with Open Philanthropy Comments from Open Philanthropy on the planned changes Current Funding Gaps LTFF funding gap EAIF funding gap Appendix: Open Philanthropy donation matching 40 comments We want to communicate some changes that are happening at EA Funds, particularly on the EA Infrastructure Fund and the Long-Term Future Fund.
In summary:
EA Funds (particularly the EAIF and LTFF) and Open Philanthropy have historically had overlapping staff, and Open Phil has supported EA Funds, but we (staff at EA Funds and Open Philanthropy) are now trying to increase the separation between EA Funds and Open Philanthropy. In particular:
The current chairs of the LTFF and the EAIF, who have also joined as staff members at Open Philanthropy, are planning to step down from their respective chair positions over the next several months. Max Daniel is going to step down as the EAIF’s chair on August 2nd, and Asya Bergal is planning to step down as the LTFF’s chair in October.
To help transition EA Funds away from reliance on Open Philanthropy’s financial support, Open Philanthropy is planning to match donations to the EA Infrastructure and Long-Term Future Fund at 2:1 rates, up to $3.5M each, over the next six months.
The EAIF and LTFF have substantial funding gaps - we are looking to raise an additional $3.84M for the LTFF and $3.6M for the EAIF. over the next six months. By default, I expect, the LTFF to have ~$720k, and the EAIF to have ~$400k by default.
Our relationship with Open Philanthropy
EA Funds started in 2017 and was largely developed during CEA’s time at Y Combinator. It spun out of CEA in 2020, though both CEA and EA Funds are part of the Effective Ventures Foundation. Last year, EA Funds moved over $35M towards high-impact projects through the Animal Welfare Fund (AWF), EA Infrastructure Fund (EAIF), Global Health and Development Fund (GHDF), and Long-Term Future Fund (LTFF).
Over the last two years, the EAIF and LTFF used some overlapping resources with Open Philanthropy in the following ways:
Over the last year, Open Philanthropy has contributed a substantial proportion of EAIF and LTFF budgets and has covered our entire operations budget. [1] They also made a sizable grant in February 2022. (You can see more detail on Open Philanthro
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