Where does Givewell break out fundraising costs, though? The specific breakouts of spending seem more detailed on CN.
If all of that 92% is actually going directly to programs, that's excellent.
If all of that 92% is actually going directly to programs, that's excellent.
However, IIRC all the fundraising and admin costs are covered by separate donors so that any additional donations go to nets. AMF doesn't have much of a fundraising operation as it gets its funding through GiveWell and Good Ventures primarily.
it's a good thing for charities to spend more on fundraising than they do
What raises concern for me is when the percentage of receipts spent on fundraising is disproportionately high and/or spent on overpaid insider salaries.