Why founding charities is one of the highest impact things one can do

Abstract

This article argues that founding charities is one of the most impactful things that a person can do. The authors emphasize that some of the most influential individuals in the effective altruism movement (EA) were individuals who founded effective charities, emphasizing how the impact of these charities can massively outweigh the impact of the average charity. The authors also mention how some of these charities were founded by people with less than four years of experience in a closely related field, arguing that it is not necessary to have extensive experience in the field to make a big impact. The authors also discuss the importance of establishing new charities, since established charities are likely to be less receptive to new ideas. The authors close by discussing the indirect effects of founding charities, such as inspiring others to do the same and providing career and social capital in the charity sector. – AI-generated abstract.