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You also know that SVB had lots of money in accounts held by nonprofit organizations, including affordable housing organizations. As for SVB, you may have seen stories or tweets or blog posts about how the collapse of SVB will lead to an immediate funding disaster for all Bay Area nonprofits. I want to posit two things.
For a human rights charity, it increased donations to mention that it “works in countries that have recently passed laws that harshly restrict nonprofit organizations.”[9]. For a cancer research charity, adding that government funding was cut did the same.[10] But increasing anger didn’t work if the gift just generally helped people.
This gift may be simply an individual helpful act. But it can help the group in another way. 4] The code dictates that group members help each other. In Hamilton’s simple math,[7] a gift is genetically helpful when My Cost < (Their Benefit X Our Similarity). It is possible through reciprocal altruism.
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