Charity Entrepreneurship aims to strengthen the NGO sector by launching multiple new charities annually based on effective altruist principles.
They achieve this through an extensive research process that identifies high-impact, evidence-based ways to reduce suffering and a cost-covered Incubation Program that helps aspiring entrepreneurs to launch these interventions. Their focus areas include health and development policy, mental health, family planning, animal advocacy, and EA Meta.
How they work:
- Each year their team puts thousands of research hours into identifying the most promising charity ideas. Their key criteria: highly cost-effective and ready to launch.
- They provide two months of free training to aspiring entrepreneurs with the greatest chance of starting these new nonprofits.
- They offer seed grants of up to $100,000, legal support, and ongoing mentorship to launch the most promising charities.
- Their ecosystem of researchers, volunteers, donors, and mentors enables these new charities to move quickly and achieve impact.
So far, Charity Entrepreneurship has helped to launch 13 charities – 11 of these based on their research. These charities have already fundraised over $3M and been recognized by top grantmakers like GiveWell, EA Funds and Open Philanthropy. For example, Suvita is helping over 200,000 caregivers in India, and Fortify Health has secured multiple GiveWell grants and has a 25% chance of joining their list of the world’s top charities.