Why does the board find it necessary to continue GiveWell following these incidents?
GiveWell is a startup organization that is attempting to do something totally new – online, transparent grant making. To have expected to do so without making any mistakes would have been hubris. We believe strongly in the potential of the idea, and are committed to carrying it out as far as we can. While these events were a setback, we believe the idea is worth pursuing. We are also committed to meeting our existing obligations to our donors and nonprofit partners.