It sounds like a dubious investment because its run by a hedge fund bro:

JueYan is a philanthropic advisor and a grantmaker. He runs the AI Safety Tactical Opportunities Fund (AISTOF), a pooled multi-donor charitable fund which seeks to reduce the probability and severity of catastrophic risks from advanced AI. Since inception in September 2023, the fund has raised more than $10mm and disbursed more than $7mm. JueYan serves on the boards of Family Empowerment Media and Suvita. He also advises Ambitious Impact and is a speculation grantor for the Survival and Flourishing Fund ("Our primary client is philanthropist Jaan Tallinn"). Previously, JueYan spent a decade earning-to-give as a hedge fund manager.

Mr. Zhang is a rare Asian-American in Effective Altruism. FEM helps women access contraception rather than encouraging some women to breed. Suvita helps poor Indians vaccinate their children.

Edit / Schmidt Sciences means "Eric Schmidt of Google." He clearly has not lost faith in EA!