EA - Major update to EA Giving Tuesday by Giving What We Can

Link to original articleWelcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Major update to EA Giving Tuesday, published by Giving What We Can on November 4, 2022 on The Effective Altruism Forum.Announcing changes to EA Giving Tuesday and Meta's Giving Season matchOn Nov 1st 2022, Meta announced a significant change to their annual Giving Tuesday donation matching scheme, which affects EA Giving Tuesday.Here are the high level details of this year’s match:“To help nonprofits jumpstart their Giving Season fundraising, Meta will match your donors’ recurring donation 100% up to $100 in the next month (up to $100,000 per organization and up to $7 million in total across all organizations). All new recurring donors who start a recurring donation within November 15 - December 31, 2022 are eligible. Read the terms and conditions.”The match now requires participants to set up a recurring donation, in order to get up to $100 in matched funds. The matched funds are provided once the second transaction goes through i.e. you need to donate for two months to receive the match. We are unsure but it seems likely that a donor could set up recurring donations to multiple organizations in order to get multiple matches.We believe this opportunity is only available in the US due to the functionality appearing to be US only.What does this mean for EA Giving Tuesday?In the past, the value proposition of EA Giving Tuesday was to organise around the 100% match in the morning of Giving Tuesday. With the lower match amount per donation and the requirement for it to be recurring, we think that the matching is much less likely to be competitive and therefore the previous level of coordination does not make sense to continue.The EA Giving Tuesday team has also decided that it makes the most sense for people to donate directly to the charities via Facebook given the new requirement about recurring donations. These changes mean that EA Giving Tuesday will not support any organisations that require re-granting or restrictions due to ongoing administrative requirements of recurring donations. 501c3’s registered with Facebook fundraising tools will be able to participate in Meta’s Giving Season match.We encourage you to look for effective charities on Facebook for the match and will be listing effective charities who are interested in participating on our website.EA Giving Tuesday will share the details of any matching opportunities we think are worthwhile and conduct an impact analysis at the end of the season.How can I get my donations matched this year?This year there are two match opportunities we are sharing with you:Meta’s Giving Season match: Details and instructions (Starts Nov 15)Every.org’s Fall Giving Challenge: Details and instructions, provided by Will Kiely on the EA Forum (Already started)Once you’ve received confirmation of a match, please let us know the details via this impact evaluation form so we can quantify the value of these opportunities for future years.We’re disappointed that the match has changed significantly from the previous year, but we hope you find value in the matching opportunities from both Meta and Every.org.We will continue to search for new matching opportunities that have the ability to shift donations towards highly effective charities throughout the season.You can read more about EA Giving Tuesday at EAGivingTuesday.orgGrace and the EA Giving Tuesday Team 2022Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org.