Progressive Multiplier Fund

Washington, DC ยท Founded 2018

Builds progressive movement capacity by helping organizations scale individual giving and earned revenue programs

Primary audience
Nonprofit Organizations
Work area
Capacity Building
Topic
Fundraising Development
Contact
Bethany Maki

About Organization

Progressive Multiplier Fund helps progressive nonprofit organizations build sustainable funding through individual giving and earned revenue programs. Based in Washington, DC, the organization operates with 7 employees and generated $3.0 million in revenue in 2023. Founded in 2018, it provides training, technical assistance, and funding to support grassroots organizations serving communities including LGBTQ+ populations, education, and community development.

What They Focus On

Individual Giving Growth

Helps progressive organizations build and scale sustainable individual donor programs to reduce dependence on institutional funding

Earned Revenue Strategies

Supports development of earned revenue streams enabling organizations to diversify funding and achieve long-term financial sustainability

Progressive Movement Building

Strengthens grassroots organizations working on social justice, LGBTQ+ rights, education, and community development through capacity building

Financial Information

Form 990 data showing organizational financial health and growth.

Revenue (2023)

$3.0M

+54.1% vs 2021

Expenses (2023)

$2.0M

+3.7% vs 2021

Assets (2023)

$2.4M

+200.3% vs 2021

Employees (2023)

7

Historical financial data from IRS Form 990
Year Revenue Expenses Assets Employees
2023 $2,970,295 $2,030,148 $2,401,130 7
2021 $1,927,337 $1,957,289 $799,490 0
2020 $578,179 $1,017,183 $755,360 0
2019 $1,695,953 $772,593 $1,415,461 0
2018 $818,244 $705,907 $170,866 0

Source: IRS Form 990 filings. All figures in USD.

How They Work

Learn more
  • 01

    Assess Capacity

    Evaluate organization's current fundraising infrastructure and identify opportunities for growth in individual giving programs

  • 02

    Provide Training

    Deliver technical assistance and training on fundraising best practices, donor engagement, and revenue generation strategies

  • 03

    Organize Funding

    Leverage philanthropic capital to provide financial support for organizations developing sustainable revenue programs

  • 04

    Scale Impact

    Support organizations to strengthen and expand individual giving programs for long-term financial sustainability

Programs and Initiatives

Services and programs offered by Progressive Multiplier Fund

Fundraising Capacity Building

Provides training and technical support to help progressive organizations develop and scale individual donor programs for long-term sustainability

Earned Revenue Development

Supports organizations in creating and strengthening earned revenue streams to diversify funding sources and reduce grant dependence

Community Outreach Training

Equips charitable organizations with skills and resources to expand community engagement and build grassroots supporter bases

Progressive Movement Funding

Organizes and leverages philanthropic capital to create funding onramps for organizations working on social justice and community development

Team & Leadership

Meet the people behind Progressive Multiplier Fund.

Bethany Maki

Bethany Maki

Executive Director
20 hrs/week
Compensation: $195,662
Lea Madry

Lea Madry

Board Co-President
Margaret Huang

Margaret Huang

Board Co-President
Tiffanie Luckett

Tiffanie Luckett

Janet Davison

Janet Davison

Valeria Sosa Garnica

Valeria Sosa Garnica

Sabrina Orozco

Sabrina Orozco

Prentiss Haney

Prentiss Haney

Jen Matheson

Jen Matheson

Adrian Haro

Adrian Haro

Andrea Serrano

Andrea Serrano

Rakiba Kibria

Rakiba Kibria

PS

Polly Stamatopoulos

Senior Director
20 hrs/week
Compensation: $152,625

Milestones

2018

Organization Founded

2018

Progressive Multiplier Fund established to support progressive organizations in building sustainable funding

2019

IRS Tax-Exempt Status

2019

Received 501(c)(3) tax-exempt status recognition from the Internal Revenue Service

2020

Program Consolidation

2020

Focused operations during pandemic, revenue decreased to $578,179 while refining program model

2023

Revenue Growth Peak

2023

Reached $3.0 million in revenue with 7 staff members, expanding capacity building reach

Associated People

Board members, advisors, and key contributors

Board of Directors

AH
Adrian Haro Board Member PMF 0.10 hrs/week
JM
Jen Matheson Board Treasurer 0.10 hrs/week
LM
Lea Madry Board Co-President 0.10 hrs/week
MH
Margaret Huang Board Co-President 0.10 hrs/week
PH
Prentiss Haney Board Secretary 0.10 hrs/week

Information compiled from IRS Form 990 and organizational materials.

Executive Compensation

Top compensated officers & key employees from IRS Form 990

Total Reported (2023)

$390K

Highest Paid

$224K

Bethany Maki

Compensated Officers

2

Executive compensation for 2023
Name Title Base Other Total Hrs/Wk
Bethany Maki Executive Director $195,662 $27,995 $223,657 20
Polly Stamatopoulos Senior Director $152,625 $13,597 $166,222 20

Source: IRS Form 990 filings. Compensation includes base and other reported compensation.

Partners & Funders

Grant funding relationships from IRS Form 990 filings

$565K Grants Received
7 Organizations

Top Funders

7 total
AF
Alliance For Open Society Int'l Inc.
$225K
RP
Rockefeller Philanthropy Advisors Inc.
$200K
TP
The Pride Foundation
$45K
GF
Gray Family Foundation
$40K
TO
The Oregon Community Foundation
$25K
AC
Amalgamated Charitable Foundation Inc
$20K
BP
Borealis Philanthropy
$10K
Alliance For Open Society Int'l Inc. Rockefeller Philanthropy Advisors Inc. The Pride Foundation Gray Family Foundation The Oregon Community Foundation Amalgamated Charitable Foundation Inc Borealis Philanthropy
Alliance For Open Society Int'l Inc. Rockefeller Philanthropy Advisors Inc. The Pride Foundation Gray Family Foundation The Oregon Community Foundation Amalgamated Charitable Foundation Inc Borealis Philanthropy

Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.

Contact

Get in touch with Progressive Multiplier Fund

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1802 Vernon St NW 1122 Washington, DC 20009