There are a great number of groups doing a lot of good in the world, and I’m concerned that *something* in the way we process information about poverty and health needs in the developing world has made us far too skeptical of how easy it can be to save lives, and far too skeptical of the groups that are doing a good job.
This in part leads to what I’d argue is an immoral state of affairs in the charity world. Most people in the USA give far more to University, Hospital, and Museum endowments than they give to organizations serving the third world that are saving lives for a few bucks rather than simply making our already very comfortable middle class lives a *bit* better. I guess that’s OK but I’ll take the big ROI on my charity investments, thank you.
It feels very good knowing your money is actually saving lives, living because I chose to give to high ROI charities.
The simple story is that it costs very little to save lives in the developing world. Although it’s a little counterintuitive it’s also clear that reduced death rates lead to reduced birth rates and lower population. I’m floored by how poorly this is understood by otherwise intelligent people, and it seems to be the top reason people say they don’t want to give money to extremely poor people. Graft and corruption are major problems in the third world which is why you want to give to “NGOs” or “non-governmental organizations” which tend to be far more effective at making sure the money finds its way to the right people.
So, let’s apply this ROI in real life and give some money in honor of my Mother’s birthday today. I think charities like World Vision do a lot of good but also suffer from the kind of fatigue people show when presented with a lot of “dying children” information. This is unfortunate because World Vision leverages cheap and free expertise to deliver a lot per donated dollar. Here is the campaign mom likes:
Major pharmaceutical companies have recently donated over $174 million in medicines and supplies to World Vision.
But we need your help to distribute them where they’re needed most.
The medicine is Mebendazole and some others that fight worms and intestinal viruses – one of the leading killers in the developing world. World Vision has the meds but needs money to ship them. The “multiplier” in this case is 13x – ie a donation of a mere 7.7 cents delivers – literally – a dollar of medicines.
So, time to stop writing and do some good and give $770 dollars to this campaign for a health impact of just over $10,000!
| Donor Name: Joseph Hunkins
| Donation Total: $770.00
| Donation Date: 27-Sep-2007
| Completed Date: 27-Sep-2007
| Payment Type:
| Credit Card Type:
Happy Birthday Mom!