I don't see your point.
$1 given to Charity Navigator is $1 given to Charity Navigator; $1 given to charity X at Charity Navigator's recommendation is $1 given to charity X.
$1 given to GiveWell is 85 cents given to GiveWell and 15 cents given to charities Y and Z. $1 given to charity X at GiveWell's recommendation is $1 given to charity X.
This is a point in favour of GiveWell, by any measure.
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This is Holden Karnofsky, the co-Executive Director of GiveWell. As a frequent Less Wrong reader, I'm really glad to see the thoughtful discussion here. Thanks to Yvain for calling attention both to GiveWell and to the general topic of effective giving.
First off, much of this content overlaps with our own, so people interested in this thread might also find the following links interesting:
I'm mostly posting to clarify a few things regarding the concerns that have been raised about GiveWell (by aeschenkarnos).
We've worked to find the best, most cost-effective charities (in terms of actual impact per marginal dollar) and write up all the details of our analysis. We welcome more comments and questions about our work, whether here, on our blog, or via email.
Alright. You've given an explanation here that seems reasonable to me, and you've continued to run GiveWell for significantly longer than I would have expected if you were just in it for yourselves. For what it's worth, I'll give you the benefit of the doubt and I wish you well in your mission.