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More "Live(s) you can save" in 2016?
Founded as an advocacy and educational outreach organization, The Life You Can Save help raise donations where a majority of their received funds goes to some of the world’s best charities for fighting global poverty.
Based on public standard, the organization suggests a minimum donation to charity, which is ~ 1% of one's annual income. Last year, the organization influenced online donations to their recommended charities, resulted in $1.2 million; a total of $1.55 million was distributed, about double the amount received in 2014. Funds received include online donations from the general public, as well as offline giving in large amounts by wealthy families. The organization reported the full breakdown of money moved last year in the 2015 impact report:
In 2015 we moved $1.55 million to our recommended charities. This is a conservative estimate, and perhaps an extremely conservative one--as discussed in the Offline Donations section below, our true impact could have been several million dollars greater. Our operating expenses were ~$280,000 meaning we conservatively moved ~$5.5 to outstanding charities for each dollar we spent.
The various reasons for potential overestimation and underestimation are discussed in their report, as mentioned above. But generally, it appears that, their estimation is on the conservative side.
Will the total funding received for 2016 double the amount from 2015?
The Life You Can Save’s 2016 Year in Review is expected to be published around early March of 2017. Resolution is positive if this report indicates a movement of $3 million or more to recommended charities.
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