CharitiesAIM: Charity Entrepreneurship Incubated Charities Fund
AIM: Charity Entrepreneurship Incubated Charities Fund
Fund

Charity Entrepreneurship

Incubated Charities Fund

The Incubated Charities Fund fosters charitable impact by providing seed grant funding to new, promising charities graduating from Charity Entrepreneurship's Incubation Program.

Effective giving and/or effective altruism

What problem is the Incubated Charities Fund working on?

The Charity Entrepreneurship Incubation Program (CEIP) is a research and training program run by Ambitious Impact (AIM) that incubates multiple effective charities annually. Its Incubated Charities Fund allows donors to support newly incubated organisations arising from the CEIP (see examples of previously incubated projects here). Donations to this fund will form part of seed grants given to new incubated charities.

The CEIP aims to strengthen the nonproit sector by launching multiple new charities annually based on effective altruist principles.

It achieves this through an extensive research process that identifies high-impact, evidence-based ways to reduce suffering and a cost-covered program that helps aspiring entrepreneurs launch these interventions.

How it works:

  • Each year, Charity Entrepreneurship puts thousands of research hours into identifying the most promising charity ideas. Its key criteria: highly cost-effective and ready to launch.
  • It recruits aspiring entrepreneurs and, through its two-month program, provides them with the training and funding to turn these ideas into high-impact organisations.
  • It offers seed grants of up to $200,000, legal support, and ongoing mentorship to launch the most promising charities.
  • Its ecosystem of researchers, volunteers, donors, and mentors enables these new charities to move quickly and achieve impact.

What projects does the Incubated Charities Fund support?

Donations to this Fund will be granted directly to new incubated projects graduating from the CEIP. The CEIP’s focus areas include health and development policy, mental health, family planning, and animal advocacy.

As of 2023, the CEIP has helped to launch over 30 charities. These charities have already fundraised over $20 million USD and been recognised by top grantmakers like GiveWell, EA Funds, and Open Philanthropy. For example:

What information does Giving What We Can have about the cost-effectiveness of the Incubated Charities Fund?1.

  • It works across many of our high-impact causes.
  • Some of its incubated charities have since been supported by impact-focused evaluators (for example, Founders Pledge highlighted the cost-effectiveness of Suvita in its grant report).
  • To our knowledge, Charity Entrepreneurship has not yet been directly evaluated by any impact-focused evaluators.
Please note that GWWC does not evaluate individual charities. Our recommendations are based on the research of third-party, impact-focused charity evaluators our research team has found to be particularly well-suited to help donors do the most good per dollar, according to their recent evaluator investigations. Our other supported programs are those that align with our charitable purpose — they are working on a high-impact problem and take a reasonably promising approach (based on publicly-available information).

At Giving What We Can, we focus on the effectiveness of an organisation's work -- what the organisation is actually doing and whether their programs are making a big difference. Some others in the charity recommendation space focus instead on the ratio of admin costs to program spending, part of what we’ve termed the “overhead myth.” See why overhead isn’t the full story and learn more about our approach to charity evaluation.