 In 2018, the Open Philanthropy Project recommended a grant of up to approximately £13.4 million to FHI over three years, with a large portion conditional on successful hiring.The largest topic FHI has spent time exploring is global catastrophic risk, and in particular existential risk.In a 2002 paper, Bostrom defined an "existential risk" as one "where an adverse outcome would either annihilate Earth-originating intelligent life or permanently and drastically curtail its potential".