I’ve recently been looking at some potential careers that may be of interests to effective altruists. While I’m certainly pretty happy to look into web development, I think another strong career option that is not very frequently mentioned is working in a foundation. I’d love to look into this more deeply, but I thought it would be good to first offer some preliminary thoughts on the subject.
So far, I’ve only spent four hours on this, including the time it took to write this post. As such, it’s very likely I’ve missed important considerations. If there is enough interest, I – or someone else – could look into this more deeply.
Summary
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Foundation work seems potentially high impact for EAs because salaries are high and matching programs are generous. For exmaple, a senior program officer for the Gates Foundation can potentially donate $209K a year while still keeping $30K/year for themselves.
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Foundation work also offers major influencing opportunities that many other EA careers lack.
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However, jobs at foundations appear very competitive and hard to get. A survey of the top ten foundations by asset size shows that program associates require around 5+ years of prior relevant experience, and program officers require around 8+ years of prior relevant experience plus a Masters degree or Ph.D. Though there may be other routes in, such as non-program positions (e.g., accountant) or internships.
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Overall, working for a foundation is potentially a high-impact career, though not as high impact as I may have first guessed. Because of the high amount of prep work needed, it seems like a foundation job would not be as potentially high impact as working in computer programming or finance – which offer similarly high salaries with less prep time – or law – which requires similar prep time, but offers higher salaries.
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It seems like foundation work would be a good option for people who already have the relevant qualifications (Masters degree, multiple years of experience) to try for, or for someone to try and get in via an alternate route, like an internship.