I don’t have any special insights. But I would assume that the total amount of undistributed grants is not huge, and there are EA-adjacent funding orgs that have funds available. Using previously selected now-unfunded grantees saves them the work of identifying promising projects. Plus it limits the fallout from the current FTX debacle. Win/win.
Clawbacks refer to grants that have already been distributed but would need to be returned. You seem to be thinking of grants that haven’t been distributed yet. I hope both get resolved but they would require different solutions. The post above is only about clawbacks though.
I don’t have any special insights. But I would assume that the total amount of undistributed grants is not huge, and there are EA-adjacent funding orgs that have funds available. Using previously selected now-unfunded grantees saves them the work of identifying promising projects. Plus it limits the fallout from the current FTX debacle. Win/win.
Clawbacks refer to grants that have already been distributed but would need to be returned. You seem to be thinking of grants that haven’t been distributed yet. I hope both get resolved but they would require different solutions. The post above is only about clawbacks though.
Good point. I meant both, since the same logic applies