Effective Ventures Foundation (EV UK) was founded in 2012 as the Centre for Effective Altruism and renamed in 2022. It served as the UK legal home and fiscal sponsor for a federation of high-impact EA organizations, providing governance, HR, finance, legal, and operational infrastructure. In late 2023, following governance challenges connected to the collapse of FTX, the board decided to spin out all sponsored projects into independent entities and wind down EV UK. By March 2026, Giving What We Can (August 2024) and 80,000 Hours (May 2025) had completed their spin-outs, while the Centre for Effective Altruism (which merged with EA Funds) was still finalizing its separation.
Funding Details
- Annual Budget
- $31,663,819
- Monthly Burn Rate
- $2,940,424
- Current Runway
- -
- Funding Goal
- -
- Funding Raised to Date
- -
- Fiscal Sponsor
- -
Theory of Change
EV UK believed that by pooling operational infrastructure and providing fiscal sponsorship under one umbrella, it could lower the cost of launching and running high-impact EA organizations, allowing those organizations to focus on their substantive missions rather than administrative overhead. By housing groups working on global health, career advice, EA community building, and AI safety under one legal roof, EV aimed to accelerate the growth of the effective altruism ecosystem. The winding-down represents a reverse application of this theory: as projects matured, independent legal structures were judged to provide greater resilience, clearer governance, and reduced systemic risk compared to a single umbrella.
Grants Received
from Open Philanthropy
from Open Philanthropy
Projects
No linked projects.
People
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Details
- Last Updated
- Apr 3, 2026, 2:02 AM UTC
- Created
- Mar 20, 2026, 2:34 AM UTC