What We Do
Ghosts Worth Chasing operates in three distinct modes, each with separate accounting, criteria, and oversight. Funds are not commingled. Each mode serves a different time horizon and type of need.
Individual Support
We provide direct financial assistance to individuals experiencing career transition, personal hardship, or structural disadvantage. This is not emergency relief. Applications are reviewed quarterly.
Eligibility is determined case-by-case based on:
- Demonstrated need
- Absence of alternative institutional support
- Clarity of intended use
Funds are distributed as unrestricted grants. No repayment is required. No ongoing reporting is required.
Typical award range: $5,000–$25,000
Annual budget allocation: 30% of distributable funds
Organizational Grants
We fund aligned nonprofits working on long-horizon challenges where traditional philanthropy is poorly suited. Grants are multi-year and support institutional capacity, not specific projects.
We prioritize organizations that are:
- Under-resourced relative to mission complexity
- Operating with intellectual honesty
- Building durable infrastructure, not chasing visibility
Grants are made on a rolling basis. Applications are reviewed by an external advisory committee.
Typical award range: $50,000–$200,000 over 2–3 years
Annual budget allocation: 40% of distributable funds
Endowment
A portion of contributed capital is reserved for perpetual operation. These funds are invested conservatively and distributed according to a formal spending policy.
The endowment exists to ensure:
- Organizational continuity beyond founding leadership
- Independence from fundraising pressure
- Stable funding for long-term commitments
Endowment funds are governed separately. Investment allocation and withdrawal rates are published annually in the Resources section.
Current endowment size: Disclosed annually
Target allocation: 30% of total capital
All three modes operate under the same governance structure but maintain separate budgets. This prevents mission drift and ensures each commitment can be honored independently.