Bang For Your Buck: The Nonprofit Rating Charities by Impact

| January 13, 2018

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As we head into the season of giving, those who want to donate to charity may be wondering where their dollars will have the biggest impact.That was the question that led Elie Hassenfeld and Holden Karnofsky to start GiveWell, a nonprofit that recommends charities based on effectiveness. The two were working in finance and trying to figure out where to donate at the end of the year. Since GiveWell started in 2007, the nonprofit has had a say in the destination of millions of charitable dollars and gained a major benefactor in Good Ventures, the foundation created by the Facebook co-founder Dustin Moskovitz and his wife Cari Tuna.GiveWell came out of Hassenfeld’s and Karnofsky’s search for the most cost-effective charity, the one where their money would go the furthest. “They found that the information wasn’t available. Charities either didn’t have it or wouldn’t share it,” said Catherine Hollander, a research analyst at the organization. “GiveWell grew out of that process they were doing themselves as individuals who were interested in giving to charity and found that the resources they were looking for didn’t exist."

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Skills for Good

Skills for Good was formerly known as WomenOnCall. WomenOnCall and Chicago Cares merged on January 1, 2018. Until June 2018, Skills for Good volunteer opportunities can be found on www.WomenOnCall.org. Volunteering can be done in person or virtually, and membership is free for both nonprofits and volunteers. Nonprofits gain access to our pool of talented volunteers, and volunteers learn about local skills-based projects. These projects give professionals the opportunity to hone their skills and expand their networks, while nonprofits can search our database by skill set and geographic location to find the right match for their project.

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Spotlight

Skills for Good

Skills for Good was formerly known as WomenOnCall. WomenOnCall and Chicago Cares merged on January 1, 2018. Until June 2018, Skills for Good volunteer opportunities can be found on www.WomenOnCall.org. Volunteering can be done in person or virtually, and membership is free for both nonprofits and volunteers. Nonprofits gain access to our pool of talented volunteers, and volunteers learn about local skills-based projects. These projects give professionals the opportunity to hone their skills and expand their networks, while nonprofits can search our database by skill set and geographic location to find the right match for their project.

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