Open Philanthropy (organization)

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Open Philanthropy
Open Philanthropy logo.svg
NicknameOpen Phil[1]
FormationJune 2017; 5 years ago (2017-06)
Founders
Location
Area served
Global
MethodsGrants, funding, research
Co-Chief Executive Officers
Holden Karnofsky, Alexander Berger
President
Cari Tuna
Websitewww.openphilanthropy.org
Formerly called
Open Philanthropy Project

Open Philanthropy is a research and grantmaking foundation that aims to share its findings openly. Its current co-chief executive officers are Holden Karnofsky and Alexander Berger, and its main funders are Cari Tuna and Dustin Moskovitz. Dustin says that their wealth, worth $11 billion, is "pooled up around us right now, but it belongs to the world. We intend not to have much when we die."[2][3]

History[edit]

Cari Tuna speaking at EA Global 2016 in her Fireside Chat about doing philanthropy better

Dustin Moskovitz made an $11 billion fortune through co-founding Facebook, and later Asana.[2] He and his wife Cari Tuna were inspired by Peter Singer's The Life You Can Save, and became the youngest couple to sign Bill Gates and Warren Buffett’s Giving Pledge, where they've promised to give away most of their money.[4][5][6] Cari quit her journalist job at The Wall Street Journal[6] to do philanthropy full-time,[5] and the couple started the Good Ventures foundation in 2011. Good Ventures partnered with GiveWell, a charity evaluator founded by Karnofsky and Elie Hassenfeld.[1] The partnership named itself the "Open Philanthropy Project" in 2014, and began operating independently in 2017.[7][8] Good Ventures holds the funds and distributes them according to recommendations by Open Philanthropy.[9] It is the fifth largest foundation in Silicon Valley.[10]

Operations[edit]

Open Philanthropy adheres to the giving philosophy of effective altruism.[3][1][11] The organization does not have a mission centered around a cause area. Rather, it does "substantial empirical research"[1] before funding projects that "deliver the greatest social benefits as efficiently as possible".[12] Open Philanthropy has a goal of giving more than $100 million a year.[13][2] The organization does research openly, publishing hundreds of interviews[3][2] and a spreadsheet ranking US policy issues by how effectively money might be able to have an impact on their website.[11][12] They calculate impact using disability-adjusted life years.[1] Moskovitz and Tuna hope that by being open about their work, they can "help others become better philanthropists".[12] They consider their work "high-risk philanthropy", and expect "that most of our work will fail to have an impact".[12] Open Philanthropy can also "fund longer timelines than government or industry".[14]

Notable people that Open Philanthropy has consulted with include Avril Haines (Biden's director of national intelligence)[15] and Steven Teles (political scientist).[1]

Other funders who have contributed to Open Philanthropy include Instagram co-founder Mike Krieger, who pledged $750,000.[1]

Focus areas[edit]

Open Philanthropy has four categories of focus areas: global health and development, U.S. policy, global catastrophic risks, and science.[2][3][1][16] The organization also invests in animal welfare.[17]

Global health and development[edit]

Women and children receive anti-malarial bednets in Malawi. Nets were provided by the Against Malaria Foundation and distributed by local organizations.

Open Philanthropy's investments in global health and development include efforts to cure iodine deficiencies, repair the environment,[3] and prevent malaria.[18][19] Of their global health and development giving, Cari Tuna said, “I am still optimistic that we can do better than just giving money to poor people, but in the meantime, we’re doing a lot of just giving money to poor people.”[1] In 2021, GiveWell decided to defer $110 million out of its $300 million annual grant from Open Philanthropy, including money allocated to GiveDirectly, which gives money to poor people, to be spent in future years.[20][21] This was done because GiveWell expects that "they'll be able to spend all of the money in a way that's at least five times as effective as giving money directly to the world's poorest people".[20]

Grants include:

  • $17.5 million to Target Malaria, for gene-drive technology to control malaria-carrying mosquitoes[17]
  • Over $47 million to GiveDirectly,[12] partially for research to compare the effectiveness of giving money with more traditional developmental aid,[11] and including at least $16 million to be given directly to extremely poor people in Kenya and Uganda[22]
  • $1 million to Population Services International for work on drug resistance to antimalarial medication[18]
  • Nearly $30 million to the Against Malaria Foundation[12]

U.S. policy[edit]

Open Philanthropy ranks US policy issues based on how effectively they predict their funding might be able to move the issue forward.[1][11] The top two issues are criminal justice reform and macroeconomic stabilization policy.[11] For criminal justice reform, the organization calculates that "a year in prison is half as good as one on the outside"[1] and notes that "the United States incarcerates a larger percentage than almost any other country in the world at great fiscal cost and it has highest rate of criminal homicides in the developed world".[2] For macroeconomic stabilization policy, the organization expects that the value of preventing recessions will be so many times higher than the cost of effective advocacy work that it is willing to invest in it despite success being "highly uncertain".[1] Open Philanthropy has also made grants to help advance marriage equality.[18][19]

Grants include:

  • $335,000 to the Full Employment Project at the Center for Budget and Policy Priorities[1]
  • $100,000 to the Center for Popular Democracy’s Fed Up campaign[1]
  • $6.3 million to the Accountable Justice Action Fund[23]
  • Over $5.5 million to organizations controlled by Patrisse Cullors, a founder of the Black Lives Matter movement.[4] Patrisse also engages in net neutrality advocacy, however Open Philanthropy has not given money to net neutrality causes “whether to Patrisse Cullors or any other organizations or individuals.”[4]
  • $50 million to Just Impact Advisors, to advise philanthropists and make grants related to criminal justice[24]
  • $3 million to the Pew Charitable Trusts’ Public Safety Performance Project, to “reduce incarceration and correctional spending while maintaining or improving public safety and concentrating prison beds on high level offenders" at the state level[1]
  • $500,000 to California YIMBY.[25][26] Open Philanthropy was the first institutional funder of the YIMBY movement;[27] however, the movement has garnered individual financial support from many tech executives.[25]

Dustin Moskovitz and Cari Tuna have also given tens of millions of dollars to political campaigns and parties as individuals.[28][4][29][30][31][16] Of this giving, Dustin states, "This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections. That said, we believe in trying to do as much good as we can, which in this case means using the tools available to us (as they are also available to the opposition)."[16]

Global catastrophic risks[edit]

Areas under this category include nearly $40 million given for biosecurity and pandemic preparedness,[13] and over $100 million for potential risks from advanced artificial intelligence.[13] Open Philanthropy has also invested in mitigating asteroid collision risk.[3] The organization has been criticized for its narrow focus on risks that might "kill enough people to threaten civilization as we know it".[1] By "flooding" money into biosecurity, Open Philanthropy is "absorbing much of the field’s experienced research capacity, focusing the attention of experts on this narrow, extremely unlikely, aspect of biosecurity risk".[13]

Grants include:

  • $17.5 million to Sherlock Biosciences, for viral diagnostic tools.[32]
  • About $38 million to the Johns Hopkins Center for Health Security[33]
  • $11.3 million to the University of Washington’s Institute for Protein Design to develop a universal flu vaccine[33][14][32]

Science[edit]

Open Philanthropy named eleven areas in science "that it considers neglected by other funders", "including tuberculosis, chronic pain and obesity".[17] Grants within the science bucket include the areas of human health and wellbeing, scientific innovation, science supporting biosecurity and pandemic preparedness, transformative basic science, and other scientific research areas. Funding for science was $40 million in 2017, with the intention of increasing "several times over the coming years".[17] The money was given to four teams of scientists whose proposals had been rejected by the National Institutes of Health.[17] Grants include $6.4 million to Stephen Johnston and his team at Arizona State University to test a cancer vaccine for middle-aged pet dogs[17]

Animal welfare[edit]

Holden Karnofsky claims that Open Philanthropy "is the largest funder in the world of farm animal welfare", including investing in alternative proteins and animal welfare advocacy.[27] Open Philanthropy made an investment in Impossible Foods in 2016, to support the growth of non-animal meats.[17] It is also a patron of The Good Food Institute.[34] Research done by Open Philanthropy includes an investigation on the pros and cons of industrializing insect meat production[35] as well as an investigation of the economic viability of cultivated meat.[34]

See also[edit]

References[edit]

  1. ^ a b c d e f g h i j k l m n o p Matthews, Dylan (2015-04-24). "You have $8 billion. You want to do as much good as possible. What do you do?". Vox. Retrieved 2022-02-06.
  2. ^ a b c d e f "Cari Tuna and Dustin Moskovitz: Young Silicon Valley billionaires pioneer new approach to philanthropy - The Washington Post". Retrieved 2022-02-06.
  3. ^ a b c d e f Weissman, Lilach. "Silicon Valley Billionaire Dustin Moskovitz And Cari Tuna On the Reasoned Art Of Giving". Retrieved 2022-02-06.
  4. ^ a b c d "Big tech bankrolls BLM in exchange for net neutrality support". Retrieved 2022-02-06.
  5. ^ a b "Wringing the Most Good Out of a Facebook Fortune". The Chronicle of Philanthropy. 2015-12-01. Retrieved 2022-02-06.
  6. ^ a b Carpenter, Scott (2021-10-19). "Facebook co-founder Dustin Moskovitz builds a second fortune". The Sydney Morning Herald. Retrieved 2022-02-06.
  7. ^ "Who We Are". Open Philanthropy. Retrieved 2019-07-12.
  8. ^ Moses, Sue-Lynn (20 August 2014). "Here's What Philanthropy Looks Like When Millennials From Tech and Finance Get Together". Inside Philanthropy.
  9. ^ "Grantmaking Approach". Good Ventures. Retrieved 2022-02-06.
  10. ^ "Largest foundations in Silicon Valley". Silicon Valley Business Journal. Retrieved 2022-02-06.
  11. ^ a b c d e Kruppa, Miles (2020-10-02). "Dustin Moskovitz, the philanthropist conquering Silicon Valley". Financial Times. Retrieved 2022-02-06.
  12. ^ a b c d e f "Philanthropy in Silicon Valley: Big Bets on Big Ideas - The New York Times". Retrieved 2022-02-06.
  13. ^ a b c d "Will splashy philanthropy cause the biosecurity field to focus on the wrong risks?". Bulletin of the Atomic Scientists. 2019-04-25. Retrieved 2022-02-06.
  14. ^ a b Murray, Sarah (2020-05-22). "Philanthropists play a crucial role in developing vaccines". Financial Times. Retrieved 2022-02-06.
  15. ^ Meyer, Theodoric; Thompson, Alex. "Inside Blinken's corporate work". POLITICO. Retrieved 2022-02-06.
  16. ^ a b c "Clinton campaign and Dems get $20M from Facebook co-founder Dustin Moskovitz". TechCrunch. Retrieved 2022-02-06.
  17. ^ a b c d e f g Callaway, Ewen (20 December 2017). "Facebook billionaire pours funds into high-risk research". Nature.
  18. ^ a b c "Dustin Moskovitz And Cari Tuna Launch Site For Their Philanthropic Foundation, Good Ventures | TechCrunch". Retrieved 2022-02-06.
  19. ^ a b "Dustin Moskovitz". Forbes. Retrieved 2022-02-06.
  20. ^ a b "Philanthropy in the age of crypto". Retrieved 2022-02-07.
  21. ^ December 2021, Stephanie Beasley // 02 (2021-12-02). "GiveWell's move to delay $110M reopens debate on giving now vs. later". Devex. Retrieved 2022-02-07.
  22. ^ Matthews, Dylan (2015-08-04). "A Facebook billionaire is handing tons of cash to poor people in East Africa". Vox. Retrieved 2022-02-06.
  23. ^ "Mark Zuckerberg cash discreetly leaked into far-left prosecutor races | Fox News". Retrieved 2022-02-06.
  24. ^ "Giving Tuesday 2021: Where to donate to help criminal justice reform - Vox". Retrieved 2022-02-06.
  25. ^ a b "The big Yimby money behind housing deregulation bills - 48 hills". Retrieved 2022-02-06.
  26. ^ "California's Yimbys | Dollars & Sense". Retrieved 2022-02-06.
  27. ^ a b "Transcript: Ezra Klein Interviews Holden Karnofsky - The New York Times". Retrieved 2022-02-06.
  28. ^ "Facebook co-founder's wife spent $650G on Shaun King's PAC bid to reform criminal justice system | Fox News". Retrieved 2022-02-06.
  29. ^ Fox, Michelle (2016-10-21). "Why I donated $20 million to defeat Donald Trump: Facebook co-founder Dustin Moskovitz". CNBC. Retrieved 2022-02-06.
  30. ^ Goldmacher, Shane (2021-04-20). "Dozen Megadonors Gave $3.4 Billion, One in Every 13 Dollars, Since 2009". The New York Times. ISSN 0362-4331. Retrieved 2022-02-06.
  31. ^ "Dustin Moskovitz, Facebook Co-Founder, Pledges $20 Million to Aid Democrats - The New York Times". Retrieved 2022-02-06.
  32. ^ a b "Open Philanthropy Project's Cari Tuna on Funding Global Health | Barron's". Retrieved 2022-02-06.
  33. ^ a b "How Philanthropists are Tackling COVID-19 | Barron's". Retrieved 2022-02-07.
  34. ^ a b "Is Lab Meat About to Hit Your Dinner Plate? – Mother Jones". Retrieved 2022-02-06.
  35. ^ Matthews, Dylan (2021-06-19). "The biggest problem with eating insects isn't "ew"". Vox. Retrieved 2022-02-07.

External links[edit]