Open Philanthropy recommended a grant of £17,000,000 (approximately $22,805,823 at the time of conversion) to the Effective Ventures Foundation UK (EVF) to support the purchase, renovation, and operation of Wytham Abbey — a venue in Oxford, UK for hosting conferences and other events, modeled on similar venues funded by the Rockefeller Foundation and the Brocher Foundation.
Together with EVF, we will examine the impact of this approach over time; if it turns out to be less cost-effective than alternatives, proceeds from a sale will be used to support EVF’s ongoing operations.
This falls within our focus area of growing and empowering the EA community.