Hundreds of ideas researched, thousands of applications considered, and a two-month intensive Incubation Program culminated in five new charities being founded. Each of these charities has the potential to have a large impact on the world and to become one of the most cost-effective in their field.
We’re delighted to announce the five new charities who have just launched through our 2020 Incubation Program:
We’re proud to announce our 2020 Top Charity Ideas!
Each year Charity Entrepreneurship identifies highly effective interventions in chosen cause areas. Our Incubation Program gives participants the skills they need to start high-impact nonprofits based on our top intervention recommendations.
Our 2020 research period focused on four cause areas: mental health, animal advocacy, family planning, and health & development policy. We began with several hundred ideas in each cause area. Progressive stages of our extensive research process whittled down to eight recommended ideas.
Eighty-hour reports linked below illustrate how we came to recommend this year’s top interventions. We also provide Incubation Program participants with implementation reports, which provide specific recommendations to map a path forward for a new charity.
Our 2020 top recommendations are as follows (in no particular order):
The first donation a charity gets is often the most important one
There are many fantastic charitable projects that are too young or too small for the majority of funders to consider. Or that require not only funding but also more engaged forms of mentorship to start an impactful organization. This year, Charity Entrepreneurship received a truly massive number of applications: over 3,000, with many of these applications strong enough - with support - to potentially start a charity that could lead in its field. We have decided to start a fund for early-stage seed grants to support these new organizations.
The Charity Entrepreneurship (CE) Incubation Program has historically been run in person, which made it challenging to share information with a broader audience. However, this year, in part due to Covid-19, we will run the program online. The program will be split into two online training courses focused on the two broad elements required for successful charity founding:
Charity Entrepreneurship is part of the Effective Altruism movement. If you’re going through our incubation program, it’s likely that your potential donors, employees, partner organizations, and other stakeholders come from the effective altruism community.
While the basic premise of effective altruism seems simple, the set of ideas considered “common knowledge” among people heavily involved in effective altruism can be quite complicated. In some ways, we might conceptualize effective altruism as a field of study - it has a few frequently cited influential thinkers, a set of widely read canonical works, an internal jargon, and several diverging schools of thought. If you’re new to effective altruism, becoming well-versed in this contextual knowledge will help you communicate with other people in the movement more easily.
For the safety of participants and to support the effort to contain COVID-19, Charity Entrepreneurship has decided to hold our 2020 Incubation Program remotely (as an online program) from June 29 to August 28. We’ve also extended the deadline for applications till April 21.
“Your co-founder relationship is like a marriage”. This common statement from experienced startup operators might sound like a stretch, yet there are undeniable similarities in these relationships. Like spouses, co-founders spend considerable time with each other, but instead of taking care of children, you are nurturing your upcoming organization which, in the case of charity entrepreneurship, could have a profound impact on the world.
In 2019, the Charity Entrepreneurship team graduated 13 alumni, who went on to launch six new charities, five of which implement interventions selected by our research program. How was this outcome accomplished, and how did these charities come into existence?
A focus on co-founder pairing and usable outputs for your charity (e.g. a fundraising plan)—these are the two tenets Charity Entrepreneurship’s (CE) 2020 incubation program for high-impact NGOs is built on. This allows participants to hit the ground running with their charity startup after only two months.
We’re often asked what you can do to increase your odds of being accepted into the Charity Entrepreneurship (CE) incubation program. While each person’s answer will be different given their background and traits, here are the three most common things people can do: