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Because of its reliance on volunteers, the organization operates with low overhead. In 2013, more than 98 percent of donations went directly to program services. [ 5 ] In 2021 more than 99.7% of revenue and support (excess of 68 million) has gone directly to program services.
The charity says they respond to applications within two days, and will also fund researchers outside the United States. [ 2 ] As of April 2021, Fast Grants has awarded 250 grants totaling more than $50 million to researchers working on COVID-19 related projects, including testing, clinical work, surveillance, virology, drug development and ...
GiveWell is an American non-profit charity assessment and effective altruism-focused organization. GiveWell focuses primarily on the cost-effectiveness of the organizations that it evaluates, rather than traditional metrics such as the percentage of the organization's budget that is spent on overhead.
The charities are then given a score from 0-100, with those earning a grade of 90-100 garnering a four-star rating. The website uses tax return information to make its determination.
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The World Giving Index (WGI) is an annual report published by the Charities Aid Foundation, using data gathered by Gallup, and ranks over 140 countries in the world according to how charitable they are. The aim of the World Giving Index is to provide insight into the scope and nature of giving around the world.
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