.png){kind=small}
The Giving Green Fund (GGF) supports Giving Green’s top giving opportunities in climate. By donating to the Giving Green Fund, donors enable responsive and impact-first grantmaking to our recommended nonprofits.
Generally, we work with our operational partner Giving What We Can to recommend quarterly grants from the Giving Green Fund to our top nonprofits. In Q1 of 2024, we are recommending the following allocations:
Clean Air Task Force: $312,500
Good Energy Collective: $200,000
Industrious Labs: $200,000
Opportunity Green: $200,000
Project Innerspace: $200,000
In Q2 of 2024, we plan to recommend the following allocation:
Good Food Institute: $312,500
Together, these recommended grants represent all the funds we have raised in Q4 2023 and Q1 2024, in addition to funds raised in Q3 2023 which were left in reserve to avoid the transaction costs of small disbursements.
In general, we do not rank our top nonprofits, and our default choice for GGF is to divide the funds equally among all top nonprofits. (For more on this reasoning, see our blog post explaining how GGF allocates.) However, if we learn more information about the impact of additional donations to each organization, we shift our recommended allocations away from this default and towards what we think will be the most impactful use of donors’ funds.
Therefore, our team reached out to each of our top nonprofits to learn more about (a) each organization’s progress towards its 2024 fundraising goals and (b) near-term projects in need of support. To come to a decision, several members of our team proposed example allocations, and we discussed our reasoning and points of disagreement. Ultimately, we agreed on a final allocation that primarily reflects three concerns:
The larger organizations (CATF and GFI) are more able to absorb more funding at once.
Each organization still has a compelling use for additional funding.
We did not want to appear to rank organizations with false precision, and there were not large differences between our suggested grants to each nonprofit, so we instead split the nonprofits into two groups and divided equally within those two groups.
Note that this is not an endorsement of donating to any one charity over any other charity among these six. For most donors, we still think any of our top nonprofits are excellent places to give to fight the climate crisis. For donors giving larger amounts, we encourage you to reach out to us to discuss information about funding need! While we strive to be as transparent as possible with the public, we are able to share some additional information about funding gaps and high-priority projects in a 1-1 context.
We are grateful to the Ray and Tye Noorda Foundation for entrusting us to steward a $1M gift to the Giving Green Fund. We expect that the funds from that gift will be allocated as part of this series of disbursements.
Kommentare