The co-founder of Facebook and Asana, Dustin Moskovitz and his wife, Cari Tuna, have said they spend much of their fortunes on effective altruistic causes.
“I don’t know yet how we will repair the damage Sam has done and toughen EA against other bad actors,” Mr. muskovitz wrote in a tweet on Saturday. “But I know we’re going to try, because the stakes remain painfully high.”
Just last month, the umbrella FTX Foundation said it had given away $140 million, of which $90 million went through the FTX Future Fund dedicated to long-term goals. It is unclear how much of that money ended up with the recipients and how much has been set aside to give in installments over several years.
When asked if he had set up an endowment for his donations, Mr. Bankman-Fried said in the Times interview last month: “It’s more of a pay-as-we-go thing, and the reason for that is frankly I am not liquid enough to make it meaningful to make a donation now.”
A significant portion of the grants went to groups focused on building the effective altruistic movement rather than organizations working directly on its causes. Many of those groups were associated with Mr. Bankman-Fried’s own team of advisers. The largest single grant listed on the Future Fund’s website was $15 million to a group called Longview, which, according to its website, counts philosopher MacAskill and the director of the FTX Foundation, Nick Beckstead, among its own advisors. .
The second largest grant, worth $13.9 million, went to the Center for Effective Altruism. Mr. MacAskill was a founding member of the center. Both Mr. Beckstead and Mr. MacAskill are members of the group’s supervisory boards, with Mr. MacAskill being the chairman of the board of directors in the UK and Mr. Beckstead the chairman of the US subsidiary.
The FTX Foundation itself had little to no oversight outside of Mr. Bankman-Fried’s close clique of associates. According to its website, the board of the FTX Foundation consisted of Caroline Ellison, the head of Alameda Research, the hedge fund that Mr. Bankman-Fried founded; Gary Wang, FTX’s chief technology officer; and Nishad Singh, technical director at FTX.
