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Philanthropic foundations bias heavily towards granting large $ amounts exclusively to organizations (not individuals), meaning there are few existing avenues to fund promising people.
Molly Mielke • Scaling the personal grantmaking sector · Molly Mielke
Where Open Phil staff are making personal donations in 2024 | Open Philanthropy
Open Philanthropy Staffopenphilanthropy.orgHome - Longview Philanthropy
longview.org
It seemed really natural to give more funding to people who could do more with it and to find great deals for people who had money but didn’t have differentiated or interesting portfolios.
Arlan Hamilton • It's About Damn Time: How to Turn Being Underestimated into Your Greatest Advantage
GitCoin Grants, connect sponsors (small donors and grants) using a "plural funding" formula that accounts not just for the total funding received, but also the diversity of its source across individual contributors and connected social groups.
Audrey Tang • ⿻ 數位 Plurality: The Future of Collaborative Technology and Democracy
Public people with resources to fund things often feel it's 1) too risky for their reputation to openly fund individuals and 2) distributing small amounts isn’t worth their time because it doesn’t make a dent in the large sum of $ they're aiming to distribute.