[Applications are now closed. Please apply to Open Phil or SFF or other funders]
Like most of you, we at Nonlinear are horrified and saddened by recent events concerning FTX.
Some of you counting on Future Fund grants are suddenly finding yourselves facing an existential financial crisis, so, inspired by the Covid Fast Grants program, we’re trying something similar for EA. If you are a Future Fund grantee and <$10,000 of bridge funding would be of substantial help to you, fill out this short form (<10 mins) and we’ll get back to you ASAP.
We have a small budget, so if you’re a funder and would like to help, please reach out: katwoods@nonlinear.org
[Edit: This funding will be coming from non-FTX funds, our own personal money, or the personal money of the earning-to-givers who've stepped up to help. Of note, we are undecided about the ethics and legalities of spending Future Fund money, but that is not relevant for this fund, since it will be coming from non-FTX sources.]
There is probably way too much in the air for anyone to answer your question, especially at that level of generality.
This is a opportunity for bridge funding, so presumably the grantee would have spent additional funds in the amount of the bridge grant that they would not have spent otherwise.
So the risk that Nonlinear's generosity ends up in the bankruptcy estate somehow seems acceptable to me given the strong argument for the program, the amounts involved, and the low likelihood of clawback litigation against small grantees in the very near term (there are bigger fish for the estate to go after first).