Why might creating a long-term philanthropic fund be high impact?

Some have argued that the best opportunities for making a difference may lie far in the future. If so, investing resources now in order to have many more resources available at that future time might be the best thing we can do.

However, right now we have no way of effectively and securely investing resources over such long time periods. In particular, there are few (if any) financial vehicles that can be reliably expected to persist for more than 100 years, and stay committed to their intended use — while also earning good investment returns. Figuring out how to set up and manage such a fund seems like it might be very worthwhile.

Founders Pledge — an organisation that encourages effective giving for entrepreneurs — has launched one such fund. It seems likely that only a few people will be able to be involved in a project like this, as it’s not clear there will be room for multiple funds or a large staff. But for the right person, we think this could be a great opportunity. Especially if you have a background in finance or relevant areas of law, this might be a promising path for you to explore.

Want one-on-one advice on pursuing this path?

If you think this path might be a great option for you, but you need help deciding or thinking about what to do next, our team might be able to help.

We can help you compare options, make connections, and possibly even help you find jobs or funding opportunities.

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Learn more

• Read Founders Pledge’s report on Investing to Give, and learn about its Patient Philanthropy Fund
• Listen to our podcast with Phil Trammell on how becoming a ‘patient philanthropist’ could allow you to do far more good
• The emerging school of patient longtermism
• Read some pushback against prioritising long-term philanthropic funds in Asya Bergal’s Movement building and investing to give later