The Open Philanthropy Project recommended three grants totaling $5,222,653 to Founders Pledge for general support over three years. Founders Pledge, based in London, encourages technology entrepreneurs to pledge a chosen percentage of their proceeds upon exit to charity, and supports them in making thoughtful and impactful decisions about where to give.
This funding represents a renewal of Open Philanthropy's previous support for Founders Pledge. Since that time, Founders Pledge has increased its pledge commitments and a large percentage of donations made by founders taking their pledge have been to organizations that prioritize an evidence-based approach with respect to their interventions. However, its expansion into other parts of Europe has been more limited than anticipated. Instead, FP has shifted its primary expansion focus to the United States and Canada.
Open Philanthropy hopes this funding will reduce Founders Pledge’s time spent on organizational fundraising so that it can spend more time securing pledges from entrepreneurs and helping them to donate thoughtfully and impactfully.
This grant falls within Open Philanthropy's interest in supporting effective altruism.
The grant amount above was updated in September 2019.