the good spread - velir presentation - simplifying the process of charitable selection

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The Good Spread Simplifying the process of charitable giving David Craft Jan 30, 2014 Velir presentation

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Page 1: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

The Good Spread

Simplifying the process of charitable giving

David Craft

Jan 30, 2014

Velir presentation

Page 2: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Charitable Donations in the U.S.$303 billion total, 2009

The Good Spread

Total charitable giving holding steady at 2% GDP

(majority of individual contributions go to religion)*

*Stanford Social Innovation Review, see also Dan Pallotta's TED talk.

Page 3: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

The Good Spread

The overall goal of The Good Spread:

Increase charitable giving by making the process of charity selection and donation better.

Page 4: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Searching for charities

CharityNavigator.org Givewell.org

Information Overload (Results 1-10 of 2.9 zillion))

Information Underload(Here are the 3 charities we like)

The Good Spread

Page 5: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Evaluator Description Number of charities evaluated

Charitynavigator.org Quantitative, large number of charities evaluated

7000

CharityWatch A, A-, B+ type ratings 600

Greatnonprofits.org Yelp/zagat style user ratings 16,000

MyPhilanthropedia.org Expert style ratings (thumbs up, thumbs down)

700

Better Business Bureau Set of old school criteria. If met, a seal (for a price) is awarded.

12,000

GiveWell.org Lots of research boiled down to three recs

-

GivingWhatWeCan Similar to givewell -

Charity evaluation/search sites

Page 6: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Charity navigatorThe Good Spread

Page 7: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

GiveWellThe Good Spread

Page 8: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

PhilanthropediaThe Good Spread

Page 9: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

BBBThe Good Spread

Page 10: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Great NonprofitsThe Good Spread

Page 11: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

The Good Spread vision

Simple yet reliable (trustworthy) way to choose a charity and make a donation.

Avoid analysis paralysis!

Page 12: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Four challenges

1) Scoring charities in order to build a great database

The scoring method

Page 13: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Four challenges

1) Scoring charities in order to build a great database

2) On-the-fly user specific charity recommendations (e.g. user searches “tampa domestic violence”)

The scoring method

Page 14: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Four challenges

1) Scoring charities in order to build a great database

2) On-the-fly user specific charity recommendations (e.g. user searches “tampa domestic violence”)

3) User experience

Not overwhelming But...

Complete with all the info anyone might want and tailored to the user

Fun (Zappos...)

The scoring method The UX

Page 15: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Four challenges

1) Scoring charities in order to build a great database

2) On-the-fly user specific charity recommendations (e.g. user searches “tampa domestic violence”)

3) User experience

Not overwhelming But...

Complete with all the info anyone might want and tailored to the user

Fun (Zappos...)

The scoring method The UX

Business/legal organization

4) Owning the entire process

Page 16: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Scoring charities

With close to 1.8 million charities in the U.S. alone, this is a gigantic task.

Aggregate the aggregators.

Still, how to score a charity?…

The Good Spread

Page 17: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Scoring charities – hard numbers

CharityNavigatorCharityWatch

GreatNonprofitsMyPhilanthropedia

Givewell / GivingWhatWeCan

Numbers between 0 and 1

GiveDirectly, Schistosomiasis Control, Deworm the World, Against Malaria, Project Healthy Children

Page 18: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Scoring charities – softer numbers

“Local”Headquarters locationSite of work

Category

Company size ?

Categories

Good Spread Defaults

User values

international development

10 2

education 6 2

global health 6 2

arts and culture

4 4

environment 4 2

animals 4 10

distance

scor

e

Page 19: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Scoring charities – final scoreWeighted sum of the component scores:

Example

The Good Spread

Page 20: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Other sources for automatic charity evaluation

Google News

Google

Google Nonprofits / OneToday

“Big Data” solutions

How to assess impact?

???

The Good Spread

Page 21: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Other ideas for charity scoring

The Good Spread

Statistical / machine learning approach

(Test set and validation set)

Crowd sourced “expert opinions”:

See e.g. The Wisdom of Crowds: A summary of decades of research in behavioral economics, by JamesSurowiecki

Page 22: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

Drill down interface

Education Homelessness

Gay rights Microfinance

The Good Spread

Donate now!

Donate now!Donate now!

Donate now!

Donate now!Donate now!

Page 23: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

“Education” selected

Music Inner city

Student loans Worldwide access

The Good Spread

Donate now!

Donate now!Donate now!

Donate now!

Donate now!Donate now!

drill deeper

Page 24: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

The Good Spread

It is more difficult to give money away intelligently than to earn it in the first place. - Andrew Carnegie

Page 25: The Good Spread - velir presentation - Simplifying the Process of Charitable Selection

How many charities? [plan big: if The Good Spread takes off, we don't want to flood smallish charities with too much money. See givewell.org.]

Continuously updated databases

Weekly featured charities. “Quick Give” amount.

Expert recommendations

Giving news, blog, discussion board, contests

Business questions

Other “customers”: foundations etc that need to make large yearly charity decisions.

Pass along the donations? i.e. tax write-off would come from charity chosen (if the user drilled down to a final charity or one was selected for the user) or does the good spread become a charity itself and the letter comes from it?

Eventually, should The Good Spread have a dedicated team of charity evaluators?

EXTRAS