Comment by Andy_Schultz on After one year of applying for EA jobs: It is really, really hard to get hired by an EA organisation · 2019-02-26T15:26:47.060Z · score: 10 (14 votes) · EA · GW

Just wanted to give a quick note of encouragement that earning to give for long term future or EA meta causes can be very impactful. According to a survey of community leaders last year, donations to the long term future and EA meta EA funds were usually considered even more cost effective than donations to the animal welfare and global poverty funds.

Comment by Andy_Schultz on Simultaneous Shortage and Oversupply · 2019-02-06T01:57:29.366Z · score: 1 (1 votes) · EA · GW

There was another discussion about this on the forum a couple of years ago:

Comment by Andy_Schultz on EAs Should Invest All Year, then Give only on Giving Tuesday · 2019-01-13T16:43:13.430Z · score: 4 (4 votes) · EA · GW

To automatically invest money each paycheck so that you don't have to remember, mutual funds are another option besides ETFs (it's not always possible to automatically invest in an ETF). Mutual funds have higher account minimum balances, though.

Should EAs participate in the Double Up Drive?

2018-12-24T20:06:35.683Z · score: 6 (2 votes)
Comment by Andy_Schultz on Survey of EA org leaders about what skills and experience they most need, their staff/donations trade-offs, problem prioritisation, and more. · 2018-10-12T14:04:16.334Z · score: 4 (4 votes) · EA · GW

Interesting that the Long Term Future Fund is thought of as the most cost effective fund, even though the cause area is considered one of the least funding constrained. Sounds like there are still some pretty amazing opportunities for donations in that area!

Donation timing with U.S. tax reform

2017-12-09T21:49:04.224Z · score: 5 (5 votes)
Comment by Andy_Schultz on Introducing Sentience Institute · 2017-06-26T14:37:58.005Z · score: 0 (0 votes) · EA · GW

In the linked Summary of Evidence document, in the section "Farmed animal vs. wild animals vs. general antispeciesism focus", some of the rankings in the grid do not match the explanations below. For example, under Scale, the grid has Farmed animal focus as rank 1, but the explanation below has General antispeciesism as rank 1.

Comment by Andy_Schultz on The 2017 Effective Altruism Survey - Please Take! · 2017-04-25T14:45:52.759Z · score: 3 (3 votes) · EA · GW

How much more helpful would it be to take the full survey vs the abridged one, for those who have taken the survey in prior years? I'm willing to take the full survey if it's helpful.

Comment by Andy_Schultz on Practical political action on global health · 2017-03-17T14:14:32.367Z · score: 0 (0 votes) · EA · GW

Any word on the global health budget decisions?

Comment by Andy_Schultz on Open Thread #36 · 2017-03-16T13:55:19.495Z · score: 1 (1 votes) · EA · GW

One argument for saving more is that it could allow you to have a higher risk tolerance, since you could afford to lose some of the money. If you planned to donate any excess savings after some time, this could increase the expected value of your donations. I wrote about this here:

Let me know if you have any questions about this.

Comment by Andy_Schultz on Time sensitive actions to move billions in global health funding [Effective Altruism Lobbying] · 2017-03-09T02:43:58.379Z · score: 1 (1 votes) · EA · GW

Thanks, I've written letters to my senators.

Comment by Andy_Schultz on Clarifying the Giving What We Can pledge · 2017-02-08T03:13:05.709Z · score: 3 (3 votes) · EA · GW

One consideration is that you should have enough saved to live on in case you temporarily stop working. Here is 80,000 Hours' view on this:

Comment by Andy_Schultz on [deleted post] 2016-11-10T13:48:19.256Z

It looks like 2 posts that were created while the bug was occurring are not showing up on the main page: "Donor coordination under simplifying assumptions" and "What does the election of President Trump mean for EA?"

Comment by Andy_Schultz on The 2015 Survey of Effective Altruists: Results and Analysis · 2016-08-04T15:20:08.429Z · score: 0 (0 votes) · EA · GW

If you waited until Jan 2017, would you ask about both 2015 and 2016 donations?

Comment by Andy_Schultz on 2016’s Living On Less fundraiser: join EAs around the world getting sponsored to eat for under $2.50 a day · 2016-06-29T13:47:02.319Z · score: 1 (1 votes) · EA · GW

The section "Where does the money go?" says it goes to AMF, but it says the charity treats parasitic worms.

Comment by Andy_Schultz on Why more effective altruists should use LinkedIn · 2016-06-11T21:56:01.029Z · score: 0 (0 votes) · EA · GW

I had to click on View More under Add a section to your profile, and then a tile appeared called Causes you care about. I checked the Other checkbox and typed effective altruism.

Upcoming workshops on future of AI [link]

2016-05-14T20:04:58.907Z · score: 6 (6 votes)
Comment by Andy_Schultz on The Effective Altruism Newsletter & Open Thread – April 2016 · 2016-04-18T01:45:21.983Z · score: 1 (1 votes) · EA · GW

If you donate the stock directly to a charity without selling it first, you don't pay taxes on long-term gains. In your example, if you donate $100 of stocks and reinvest the $100 in cash, then you don't pay taxes on the $25 capital gain. When you sell the $125 in two years, you pay taxes on a long-term capital gain of $25, compared to the gain of $50 if you donated the $100 in cash instead.

Here's an article that describes this in more detail: It also mentions the wash sale rule, which might be the law that you were thinking of. That rule only applies if you sell assets at a loss, so it wouldn't come into play here.

You're right that you could end up paying more in taxes if you sold the stocks less than a year after reinvesting. Another caveat is that you can only deduct donations of stock up to 30% of adjusted gross income, unlike 50% for cash donations.

Comment by Andy_Schultz on The Effective Altruism Newsletter & Open Thread – April 2016 · 2016-04-09T00:45:43.897Z · score: 0 (0 votes) · EA · GW

I have a couple questions about donating stock to charity in the U.S. Particularly I'm wondering about the case where someone has cash available to make a donation, but they want to instead donate an equivalent amount of appreciated stock and invest the cash in the same stock. This would decrease the cost basis of their stock, reducing the amount of tax owed when selling shares of the stock in the future.

  1. When is the best time to invest the cash: as you receive the money, right before you donate, or after any restricted period after you donate (some funds impose a waiting period to buy back the stock if you have recently sold shares)?
  2. If the stock only has a small long-term capital gain, is there any advantage to donating cash this year and waiting to donate stock until the gain has increased?
Comment by Andy_Schultz on The Donor's Dilemma: The Time Value of Money and Maximizing Effectiveness · 2016-03-31T14:18:49.654Z · score: 1 (1 votes) · EA · GW

Also see this summary page on giving now vs. later:

Comment by Andy_Schultz on Increasing risk tolerance by growing your investments · 2016-02-25T01:23:25.947Z · score: 0 (0 votes) · EA · GW

This was actually taken into account in the article I linked to. Using their definition of a moderate-risk portfolio, looking at historical data it is unlikely that the account would drop below $20,000.

Increasing risk tolerance by growing your investments

2016-01-01T19:17:09.824Z · score: 3 (3 votes)
Comment by Andy_Schultz on August Open Thread: EA Global! · 2015-08-03T20:51:19.710Z · score: 2 (2 votes) · EA · GW

Stephen Hawking will be answering questions about AI on reddit:

Comment by Andy_Schultz on How I Raised $5010.32 for AMF and How You Can Too! · 2015-04-30T01:18:59.272Z · score: 2 (2 votes) · EA · GW

Thanks so much for writing this guide! I was able to use many of your suggestions to run a successful fundraiser, raising $2,680 for SCI. I really liked the overall idea of using this as an opportunity to connect with people. It was great reconnecting with people I hadn't talked to in a while.

Comment by Andy_Schultz on Precise Altruism · 2015-03-22T18:39:09.462Z · score: 1 (1 votes) · EA · GW

Thanks for making this! I would like if the stories in the RSS feed included the name of the website where the content came from.

Comment by Andy_Schultz on February Open Thread · 2015-02-19T01:13:38.858Z · score: 1 (1 votes) · EA · GW

Would it be worthwhile for aspiring effective altruists to download BOINC or World Community Grid to run on their computers? These are distributed computing programs that try to tackle problems that take a lot of computing power to solve. The software runs in the background on your computer and works on part of a project of your choice.

If so, would it be possible to estimate the best project to participate in? Here are the lists of projects available for BOINC and World Community Grid. At first glance, the project looks most closely related to any promising cause that has been identified in the EA community, as one of their objectives is to "optimize deployment of established interventions and integrated strategies" for malaria (full description).

Comment by Andy_Schultz on Dorothea Brooke: an alternative origin story for Effective Altruism · 2015-01-29T01:18:04.186Z · score: 1 (1 votes) · EA · GW

Here is Jeff's post about John Wesley:

If you have any questions about the Methodist church, feel free to ask - I am a United Methodist.

Comment by Andy_Schultz on January Open Thread · 2015-01-26T16:55:09.738Z · score: 1 (1 votes) · EA · GW

What would be good advice for people who say they would only be happy with a career in the arts?

Comment by Andy_Schultz on January Open Thread · 2015-01-21T03:42:25.168Z · score: 1 (1 votes) · EA · GW

I know Citi Forward and Citi Thank You cards earn donatable points, but the Citi Forward card is no longer being issued. For people looking for a new credit card, it looks like cash back cards like Citi Double Cash would beat Citi Thank You. Maybe the EA action could be to look for a cash back or reward card that will give you the most money to donate to charity, depending on your spending habits. For example, a cash back card offering 5% back on certain categories might beat the Citi Double Cash's consistent 2% back if you tended to spend money in those categories.

Comment by Andy_Schultz on January Open Thread · 2015-01-20T01:44:41.441Z · score: 1 (1 votes) · EA · GW

For those of you that earn credit card points, you might want to check if your points can be used to donate money to charity. For my credit card, I'm able to donate more money per point than if I redeemed the points for cash. I believe these donations are tax deductible in the U.S. (I think they would go on line 17 in Schedule A).

Comment by Andy_Schultz on January Open Thread · 2015-01-19T20:51:48.824Z · score: 2 (2 votes) · EA · GW

Do you think it is better to decide each year where to donate, or to give organizations multi-year commitments of what you expect to donate?

Comment by Andy_Schultz on The perspectives on effective altruism we don't hear · 2015-01-02T15:39:28.438Z · score: 3 (3 votes) · EA · GW

That's interesting to hear about their beliefs for #2. By contrast, the leaders at my church specifially say that everyone is our neighbor.

Comment by Andy_Schultz on Open Thread 6 · 2014-12-02T17:47:57.244Z · score: 2 (2 votes) · EA · GW

Was it this one?

Comment by Andy_Schultz on Open Thread 4 · 2014-12-01T23:08:58.141Z · score: 0 (0 votes) · EA · GW

As of December 1, 2014, GiveWell has reinstated AMF as a top charity. GiveWell believes that AMF now has room for more funding. See