In 2023, we conducted “red teaming” to critically examine our four top charities. We found several issues: 4 mistakes and 10 areas requiring more work. We thought these could significantly affect our 2024 grants: $5m-$40m in grants we wouldn’t have made otherwise and $5m-$40m less in grants we would have made otherwise (out of ~$325m total).
This
report looks back at how addressing these issues changed our actual grantmaking decisions in 2024.