January 24, 2008

A flawed effortto evaluate charities

To the Editor:

I find the GiveWell and Clear Fund — its grant-making arm — business plans wonderfully motivated but flawed ("A Quest for the Best," December 13).

Holden Karnofsky, the co-founder (who apparently has run into trouble), might have been a tad more cautious about his project. (See article on Page 54.)

It is amusing that hedge-fund experience — the least transparent sector in

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