Public reports are now explicitly optional for applicants to EA Funds. We have updated our application form and other outwardly-facing materials to reflect this change.
- If you are an individual applicant or a new organization, choosing not to have a public report will very rarely affect the chance that we fund you (and we will reach out to anyone for whom it would make a substantial difference).
- If you are an established organization, choosing not to have a public report may slightly decrease the chance that we fund you. We are generally happy to omit mentions of individuals from public grant reports of organizations at their request.
- If we are uncomfortable making a grant privately with EA Funds money, we may ask to forward your application to private donors we are connected to, or to other large funders in the space.
Broadly, we think there are many valid reasons not to want a public report, and we don't want anyone to be discouraged from applying to us for funding. If you or someone you know could use funding productively but was previously discouraged by our payout reports, please apply or encourage them to apply.
GWWC's effective charity recommendations page states, "For most people, we recommend donating through a reputable fund that's focused on effectiveness." There follows a list of 8 funds, of which the first 4 are EA funds.
If your view as EA funds lead is that EA funds are only suitable for donors who personally trust the judgment of your fund managers, then something seems to have gone wrong with the messaging, because "most people" won't be in a position to form a view on that.
I also note that none of the funds list under "Why you might choose not to donate to this Fund" that the fund may not account for its donations, which I suspect (as your comment implies) would be a highly material factor to at least some donors. The EA Infrastructure Fund does indicate that a potential donor might not donate if they have concerns about grantmaker independence, but that's not quite the same point, and there's no similar warning for the other funds.
The difficulty here is that you understand EA Funds as existing for a narrow set of donors (those who are in a position to assess the trustworthiness of individual fund managers). That may well be a sensible thing to exist, but the funds are being marketed as suitable for a much wider class of donors ("most people").