[Please note the clarification I wrote regarding this post]
GiveWell has announced that they’ve received a $100,000 grant from the Hewlett Foundation (which has a program focused on improving philanthropy). This pretty much shuts down completely any argument around the validity of GiveWell’s research. The people who criticized GiveWell’s research at the beginning of the year were wrong.
GiveWell also announces their top four charities. While I agree with most of the Wall Street Journal’s story of the limited value of quantitative charity research, GiveWell is the real deal.
Lastly GiveWell announces that they’ve partnered with the Vanguard Charitable Endowment Program. This is one of the national donor advised fund groups. So GiveWell has just created a version of what I advocated for in my recent community foundation column in the Financial Times. GiveWell will focus exclusively on identifying great nonprofits and Vanguard will handle all of the administration of client accounts.