“The current limiting factor for new charities” by CE, Joey🔸

TLDR: we think the limiting factor for new charities has shifted from founder talent to early stage funding being the top limiting factor.

We have historically written about limiting factors and how they affect our thinking about the highest impact areas. For new charities, over the past 4-5 years, fairly consistently, the limiting factor has been people; specifically, the fairly rare founder profile that we look for and think has the best chance at founding a field-leading charity. However, we think over the last 12 months this picture has changed in some important ways:

1. Firstly, we have started founding more charities: After founding ~5 charities a year in 2021 and 2022 we founded 8 charities in 2023 and we think there are good odds we will be able to found ~10-12 charities in 2024. This is a pretty large change. We have not changed our standards for [...]

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First published:
March 19th, 2024

Source:
https://forum.effectivealtruism.org/posts/AXhC4JhWFfsjBB4CA/the-current-limiting-factor-for-new-charities

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Narrated by TYPE III AUDIO.