21 December 2013

60% discount on holiday giving

I've been frustrated this year about not really being able to give to GiveDirectly because they aren't registered in the UK and so are ineligible for Gift Aid (a 25% top-up donation by the government taken from your income tax payment).

I just discovered that this PROBLEM IS NOW SOLVED.

The new Giving What We Can Trust is eligible for Gift Aid, and they will pass on your money directly (plus gift aid) to the charity of your choice (as long as its either one of their recommended charities, or one of Givewell's recommended charities, which GiveDirectly is, though I'm guessing there is some additional bank charge for the trust to send money to GiveDirectly in the US?).

On top of this, Good Ventures (an awesome foundation financed by one of Facebook's co-founders) is offering a 100% match for any donations to GiveDirectly up to January 31st 2014.

So if you give £100 to the trust, this becomes £125 with gift aid, and £250 with the match (which is your 60% discount), which minus processing fees comes to around £225 directly in the hands of a family living in extreme poverty somewhere in rural Kenya, a pretty hefty chunk of cash when you're living on a dollar a day.

Big thanks to everyone at Give Directly, Give Well, Giving What We Can, Good Ventures, and Innovations for Poverty Action who have made this stunningly simple effective efficient way to make the world a slightly better place possible.

Merry Christmas!

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