Ethics academic pledges £1 million of career salary to charity
17 Nov 09
A practical ethics researcher from Oxford University is bringing his subject to life by putting his money where his mouth is and pledging to give away an estimated £1 million over the course of his career.
Dr Toby Ord, a research associate at the Future of Humanity Institute, has launched a new society called Giving What We Can and as its founder, has pledged more than half his salary to charity – amounting to more than £10,000 a year.
Members will take a public pledge to donate at least 10 per cent of their salary to whichever organisations they believe can most effectively use it to fight poverty in the developing world.
Melbourne-born Dr Ord believes he and his wife can give away around £2.5 million over the span of their careers – and that with the society, they can multiply this figure by at least 100. He already has renowned moral philosophers Peter Singer and Thomas Pogge on board, and more than 60 people signed up.
At the launch at Balliol College, Professor Alan Fenwick from Imperial College London talked about his work fighting neglected tropical diseases through his organisation: Schistosomiasis Control Initiative (SCI). Dr Ord gave him a cheque for £10,000 – the amount he put aside for charity while a student.
Dr Ord explains: 'As an undergraduate, I often argued with my friends about political and ethical matters. I regularly received the retort: "If you believe that, why don't you just give all of your money to people starving in Africa?" This was meant to show my position was absurd, but as time passed I found the conclusion increasingly sensible: why not indeed?'
Instead of giving his money away, Dr Ord investigated how he could use it to achieve the largest possible impact. He found there was a wealth of information about the effectiveness of different programs for improving health in developing countries, but this information was not getting to the public.
He says, 'In the study of global health, experts measure impact in terms of the number of years of healthy life you can save: whether by extending someone’s life or improving their level of health. While it costs about £30,000 to save a year of healthy life in the UK, the most efficient programs in developing countries can achieve this for only £2.'
Dr Toby OrdI have a choice between greatly improving the lives of tens of thousands of people or adding a few extras to my life. Put like that, it is an easy choice.
Dr Ord said: 'I calculated that on an academic’s salary, I should be able to earn about £1.5 million over my career (in today’s terms). If I were to continue to live modestly like I have as a student, I should be able to give away about £1 million. My student years were not extravagant, but immensely enjoyable, with chief enjoyments such as reading beautiful books and spending time with my wife and friends costing almost nothing.'
Dr Ord calculated that if he lived this way and gave away £1 million, he could produce very large health benefits such saving a total of 500,000 years of healthy life for some of the world’s poorest people through interventions focusing on tuberculosis or neglected tropical diseases.
He says: 'Life on my current income is very good. With extra money I could go on holiday more often, get an iPhone, eat out at expensive restaurants. It would be nice, but not all that much better. So I have a choice between greatly improving the lives of tens of thousands of people or adding a few extras to my life. Put like that, it is an easy choice.'
Dr Ord has made a commitment to give away everything over £20,000 (adjusting with inflation) to a variety of effective charities. 'I realised it would be great if there was an organisation out there that made this stuff clearer for people,' he said. 'Giving What We Can is that organisation. Its members are people who have come to recognise the facts about poverty in the developing world and have made a public pledge to donate at least 10 per cent of their income towards preventing this suffering.'
The society will share information about the most effective charities, tax effective ways to give and offer ‘a friendly challenge’ for others to join them. Members can choose to give their money to wherever they think it will be most effective in eliminating suffering in the developing world, whether it be through medical or education charities or numerous other areas.
Dr Ord says: 'I feel much more purposeful in life. By making a pledge you just live within your new means. By standing together as a group, we hope to make others see giving this much as a real option and to encourage charities to be more efficient in their programs so as to attract our giving.'
The website will also provide the public with a comprehensive set of resources on giving, with links to all the major reports on poverty, articles on giving, pages devoted to dispelling myths about foreign aid and interactive tools to show how much you can do with your own income. Finally, it will have a series of pages assessing the effectiveness of different aid programs.