Rethinking efficiency to better reflect our diverse cash programs #12
Minimizing costs maximizes our impact for the world’s poorest: in a million-dollar GiveDirectly program, increasing efficiency from 75% to 80% might allow us to give an additional 100 people cash.1 But efficiency is not the only important metric, as some higher-cost programs reach more vulnerable populations or unlock new funds to go directly to people in poverty. In our aim to better communicate these trade-offs, this blog explains (i) the costs of delivering your donations, (ii) how those costs have evolved over time, (iii) our perspective on what is a ‘good’ efficiency for our programs, and (iv) reasons for a recent drop in our Africa poverty relief programs’ efficiencies. In the past, we aimed to […]
Read More