Donate where you help the most!
We simplify tax-deductible giving from Estonia to the world's most effective charities.
We simplify tax-deductible giving from Estonia to the world's most effective charities.
Incomes are adjusted for purchasing power parity (PPP) in Estonia. Sources: Statistics Estonia and Our World In Data
Because of drastic global inequality, an "ordinary" person living in a high-income country is among the richest 10% of people in the world.
As people with high incomes, we have an extraordinary opportunity to improve the state of the world.
With this tool you can compare your income with the incomes of everyone in the world:
Many people are sceptical about the impact of donating. And with reason. The reality is that not all charities are equal. Most do good work, but the difference between good and excellent can be substantial.
Nearly 20 years of research into the impact of charities has shown that the best charities can have 100 times more impact per euro.
On Anneta Targalt we introduce the most effective charities, where your donation can do as much as possible to help solve the world's most pressing problems. We make donating to them simple, with an Estonian income tax refund.
For me it's important to support charities that solve important problems as effectively as possible. Our time and money are limited, so we should make smart choices to maximise the impact of what we do. If more people in wealthier countries (including Estonia) gave 10% of their income to effective charities, many global problems could be solved much faster!
I donate systematically because I can, and because I believe that everyone who has achieved financial freedom should do so to improve the wellbeing of people, animals and the environment around the world. In Estonia, where it makes the most sense to hold assets in a company and 10% of the company's previous year's profit can be donated with a tax benefit, that's a good goal to set.
I have been involved in effective giving for almost 18 years; its focus on numbers and arguments makes it more like entrepreneurship than traditional charity, yet unlike business, effective giving can address problems in areas where it is hard to make a profit.
People usually donate because they want to help, to be useful. Donating to the charities GiveWell recommends is the simplest way to be sure that, according to the best available knowledge, your donation does as much good as possible.
The average Estonian is among the richest 9% of people in the world. That puts many of us in a position to help many people, not only in Estonia but also in poorer parts of the world, without sacrificing our own wellbeing. I think we should use that opportunity.
Anneta Targalt follows the good practice of fundraising.