Good Ventures awarded a grant of $2 million to GiveDirectly in December 2013 and matched $5 million in additional donations to GiveDirectly from December 3, 2013 through January 31, 2014. Both grants were for general operating support in recognition of GiveDirectly’s earning a “top charity” ranking from GiveWell in 2013. Read more about the rationale behind our 2013 giving season grants.
GiveWell recommends charities that (1) focus on programs with a strong track record and excellent cost-effectiveness, (2) can use additional funding to expand their core programs and (3) are exceptionally transparent. Our grants to GiveWell-recommended charities are intended to help these outstanding organizations scale their programs and to signal the importance of qualities like cost-effectiveness and transparency to other charities and donors. These grants are unrestricted so that the organizations can decide for themselves how best to translate the funds into impact. Read GiveWell’s review of GiveDirectly to learn more about its activities and follow its progress.