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ChristianKl comments on Giving What We Can - New Year drive - Less Wrong Discussion
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That's not completely true. The pledge does limit the charities that are elligble. The pledge is "I commit to donating % of my income to the most cost-effective charities."
Donating to charities that aren't cost-effective to get fuzzies or social status in your local community does not count.
True, though the decision of who is most cost-effective does remain for you to decide.