Process for awarding this grant
As Manifund is a relatively new funder, I’d been thinking through examples of impactful work that we’d like to highlight, and VaccinateCA came to mind. I initially reached out and made the offer to Patrick, upon hearing that he had donated $100k of his own money into the nonprofit. Patrick nominated Karl to receive this grant instead, and introduced us; Karl and I met for a video call in early July.
What’s special about this grant to Karl is that it’s retroactive — a payment for work already done. Typically, funders make grants prospectively to encourage new work in the future. I’m excited about paying out this retroactive grant for a few reasons:
I want to highlight VaccinateCA as an example of an extremely effective project, and tell others that Manifund is interested in funding projects like it. Elements of VaccinateCA that endear me to it, especially in contrast to typical EA projects:
They moved very, very quickly
They operated an object level intervention, instead of doing research or education
They used technology that could scale up to serve millions
But were also happy to manually call up pharmacies, driven by what worked well
Karl was counterfactually responsible for founding VaccinateCA, and dedicated hundreds of hours of his time and energy to the effort, yet received little to no compensation.
I’d like to make retroactive grants more of a norm among charitable funders. It’s much easier to judge “what was successful” compared to “what will succeed”, especially for public goods; a robust ecosystem of retroactive grants could allow for impact certs to thrive.
I offered $10k as it felt large enough to meaningfully recognize the impact of VaccinateCA, while not taking up too much of my regrantor budget. I do think the total impact of this was much larger; possibly valued in the hundreds of millions of dollars to the US government, if you accept the statistical value of a life at $1-10m. (It’s unclear to me how large retroactive grants ought to to incentivize good work, and I’d welcome further discussion on this point.) I've set the project to make room for up to $20k of total funding for this, in case others would like to donate as well.
Other tidbits from my conversation with Karl
Q: Are you familiar with the EA movement? If so, what are your thoughts?
A: Yeah, I’ve heard a lot about it. To use the lingo, I’ve been “Lesswrong-adjacent for a while”. Taken to extremes, EA can get you to do crazy things — as all philosophies do. But I really like the approach; mosquito nets make sense to me.
I’d observe that a lot of money is out there, looking for productive uses. Probably the constraining factor is productive uses. Maybe you [Manifund] are solving this on a meta level by encouraging productive uses of capital? Austin: we hope so!
Q: What is Karl up to now?
A: I left my last role at Rippling a few months ago, and am now working on my own startup.
It’s still pretty early, and I’m not yet settled on an idea, but I’m thinking of things related to my work on global payrolls at Rippling. I expect more business will be done cross-border, and using instant payments. Today, putting in a wire is very stressful, and this will be true of more and more things.
My idea is to reduce payment errors: money disappearing when payments go to a false account, or an account that is some other random person’s. This will hopefully reduce payments friction, making international business less scary. The goal is to decreases costs, make it easier to hire people, and cut down on fraud.
Thanks to Lily J and Rachel W for feedback on this writeup.