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jimmy comments on A Mathematical Explanation of Why Charity Donations Shouldn't Be Diversified - Less Wrong Discussion
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Only if you assume that you can't easily self modify.
If you're trying to optimize how you feel instead of something out there in the territory, then you're wireheading. If you're going to wirehead, then do it right and feel good without donating.
If you aren't going to wirehead, then realize that you aren't actually being effective, and self modify so that you feel good when you maximize expected QALYs instead
How I feel IS real. The judgments about the value of my feelings are mostly consistent and transitive, and I choose not to change how my perceptions effect my feelings except for good reasons.