Trust Windfalls sound like a terrible idea. If you allow someone to give out cash and select the next person to give out cash, the money will concentrate within a friend group. At the very least, funding will disburse over much narrower set of research topics (I am most familiar with the work/people who research topics similar to my own).

> Trust Windfalls are a Rorschach test for whether you trust people or not. I’m a guy on the internet going “hey give me a bunch of money and I’ll give it to my friends and it’ll be great!”... If you don’t know me and you’re a bit of a misanthrope, this sounds like the worst idea ever.

Indeed, it does sound like the worst idea ever because I don't know you. That means there is zero chance of me getting the funding. And when you give the money to a friend, it's likely your friend will return the favor and give it back to you. Why nominate a person you know will not return the favor? And when they do, who is your next pick? Well, their wife needs funding, and so does your wife. So you go another round. Then who? Your cousin need funding, and so does your college roommate. You know who doesn't get funding - that person with a rival theory, and that person attempting to replicate your work.

And if the money does happen to migrate to me, nothing against you, its just that if the money migrates out of my 'trusted network' it will likely not return for a long time. And my lab won't survive several years waiting for the funding to return.