Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Basefund Has Entered Its Trial Phase, published by bob on July 10, 2023 on The Effective Altruism Forum.

We are excited to announce that Basefund has entered its trial phase. Starting today, individuals who have previously donated to effective charities and are currently facing financial trouble can apply for hardship assistance at basefund.org.

During this trial phase, if your application is accepted, you will receive the lowest amount among the following three options:

The payout suggested by our hardship examiners

50% of your donations to cost-effective charities made in 2022 and 2023

1,000 USD or the equivalent amount in another currency

Beware that during the trial phase, Basefund may halt operations or change its rules without warning.

If you're aware of anyone who has previously donated to effective charities and is currently facing financial hardship, please let them know about our fund. If you're not quite sure whether you qualify as experiencing hardship, we recommend you to submit an application.

Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org