We’re thrilled to announce the FTX Future Fund: a philanthropic fund making grants and investments to ambitious projects in order to improve humanity’s long-term prospects. We plan to distribute at least $100M this year, and potentially a lot more, depending on how many outstanding opportunities we find. In principle, we’d be able to deploy up to $1B this year.
We have a longlist of project ideas that we’d love to fund, but it’s not exhaustive—we’re open to a broad range of ideas. We’re particularly keen to launch massively scalable projects: projects that could grow to productively spend tens or hundreds of millions of dollars per year. Our areas of interest include the safe development of artificial intelligence, reducing catastrophic biorisk, improving institutions, economic growth, great power relations, effective altruism, and more.
If you’d like to launch one of our proposed projects, or have another idea for a project in our areas of interest—please apply!Please submit your applications by March 21 to be considered in our first open funding round.
And the team is:
Nick Beckstead (CEO), Leopold Aschenbrenner, Will MacAskill, and Ketan Ramakrishnan.
Here is much more information, including for applying, and the links on top of the page have further detail yet. Emergent Ventures winner Leopold Aschenbrenner has been a driving force behind this, congratulations to Leopold! Also notable is this:
- Our Regranting Program. We’re offering discretionary budgets to independent grantmakers. Our hope is that regrantors will fund great people and projects that weren’t on our radar! We’ve already invited the first cohort, and we’re also opening up a public process to be considered as a regrantor.