Charity effectiveness evaluator GiveWell has won a lot of fans for its data-driven recommendations about where people should donate to have their money used most effectively. The organization usually recommends nonprofit groups that offer fairly inexpensive and direct remedies to solve global problems on a major scale. That’s because the group adheres to a philanthropic philosophy called "effective altruism," which means it encourages donors to make investments that do the most quantifiable good per dollar invested.
While such arithmetic has endeared the group to Silicon Valley givers, who appreciate the rational approach, it has also affected GiveWell’s ability to nurture another Silicon Valley darling: promising philanthropic startups, which may not have the track record to generate a positive rating, but do have a lot of potential.
[For more of this story, written by Ben Paynter, go to https://www.fastcoexist.com/30...by-taking-funding-ri]
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