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Announcing $25M grant from Good Ventures

This week, Good Ventures announced an unrestricted $25M grant to GiveDirectly (some coverage: Good Ventures post, GiveWell post, Vox, Inside Philanthropy, CNBC, Huffington Post, Forbes). A large investment like this reflects a lot of confidence in the team and the vision, and we’re grateful for that. In just a few short years, the discussion around cash transfers has shifted from “crazy new idea” to a serious debate about their role in the future of giving and foreign aid. We think that’s an important discussion, and will be using this grant to help advance and inform it.

Now it’s time to execute. There are two ways you can participate:

  • Send us great people. We’ll be growing our team based in New York to introduce GiveDirectly to a broader audience. We’re looking for exceptional people with a track record building great organizations.

  • Pitch us. We’ll be partnering with organizations that want to experiment with or learn more about cash transfers. If you and your team see something great we could accomplish together, we’d love to hear about it.

We don’t expect this grant to affect our ability to deliver other donations directly to the poor. The partnerships we want to build will take time to get right, and we estimate we’ll be able to move at least $30M in the next 12 months. If you’re thinking about giving more than that, we should probably talk first. Otherwise, fire away.