Progressive Multiplier Fund
Progressive Multiplier Fund is a Washington, DC–based public charity, formed in 2018. It supports organizations seeking to build financial resilience by developing or expanding independent revenue generation, with the stated aim of helping advance justice and democracy.
Progressive Multiplier Fund at a glance
In short: Progressive Multiplier Fund gave $920K across 32 grants in 2025 (avg $29K), top state Florida. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $920,150
- +54.6% vs 2024
- Grants made (2025)
- 32
- +60.0% vs 2024
- Average grant
- $28,755
- -3.3% vs 2024
- Median grant
- $25,000
- Total assets
- $1,651,541
- -31.2% vs 2024
- Primary geography
- Florida (24% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Progressive Multiplier Fund
- How to Apply
-
The program description says to submit a letter of inquiry; it does not specify required materials.
- Contact
Mailing address: 1930 18Th St Nw Pmb 1122 B2, Washington, DC 20009
Phone: (202) 350-1918
Website: https://progressivemultiplier.fund
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Progressive Multiplier Fund
Who Progressive Multiplier Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Faith in Florida Inc ($53K). Together the top 10 received $418K.
Grant Size Distribution
138 grants across all recorded years
The most common grant size was under $50K: 116 grants of 138 (84%).
Geographic Focus
Where this funder awards grants
The funder is based in Washington, DC. In 2025, the largest shares of grant dollars by recipient state went to Florida (24%), Oregon (15%), Georgia (11%), New York (9%), and California (5%). These figures describe the distribution of 2025 grants.
Grant Distribution by State
Share of 2025 grant dollars across all 32 itemized grants.
States
Cities
How Progressive Multiplier Fund gives
Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $55K (2020) to $1.2M (2022). In 2025 it made 32 grants totaling $920K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Faith in Florida Inc Orlando, FL | For Support of Independent Revenue Generation Project | $52,500 |
| Engage Miami Civic Fund Miami, FL | For Support of Independent Revenue Generation Project | $50,000 |
| Florida Rising Together Inc Miami, FL | For Support of Independent Revenue Generation Project | $50,000 |
| Voice of the Experienced (Vote) New Orleans, LA | For Support of Independent Revenue Generation Project | $50,000 |
| Crossroads Cultural Arts Center Clarksdale, MS | For Support of Independent Revenue Generation Project | $40,000 |
| Common Defense Education Fund Inc New York, NY | For Support of Independent Revenue Generation Project | $35,000 |
| Formerly Incarcerated Convicted People and Families Movement Inc Newtown, CT | For Support of Independent Revenue Generation Project | $35,000 |
| Hope Community Center Inc Apopka, FL | For Support of Independent Revenue Generation Project | $35,000 |
| New Disabled South Atlanta, GA | For Support of Independent Revenue Generation Project | $35,000 |
| Progeorgia State Table Inc Atlanta, GA | For Support of Independent Revenue Generation Project | $35,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,651,541 | $1,884,753 | $2,596,084 | $920,150 | 32 | $8,859 |
| 2024 | $2,401,130 | $2,970,295 | $2,030,148 | $595,000 | 20 | $10,320 |
| 2023 | $1,325,366 | $2,601,360 | $1,857,149 | $1,100,940 | 35 | $4,139 |
| 2022 | $799,490 | $1,927,337 | $1,957,289 | $1,221,680 | 41 | $403 |
| 2021 | $755,360 | $578,179 | $1,017,183 | $359,710 | 10 | $1,666 |
| 2020 | $1,415,461 | $1,695,953 | $772,593 | $55,000 | 3 | $807 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization’s stated mission is to support charitable organizations with community outreach and revenue generation. Its website describes its purpose as helping organizations working toward justice and democracy build financial resilience. It identifies three program areas: realizing democracy, achieving justice, and restoring the environment.
The funder supports U.S.-based 501(c)(3) and 501(c)(4) nonprofits, and LLCs whose only members are 501(c)(3) or 501(c)(4) organizations. Its programs support independent revenue-generation projects, including fundraising experiments and efforts to build revenue-generating capacity. The program description says it does not fund direct-service or public-education initiatives.
Examples from 2025 illustrate the range of grantees, rather than defining the funder’s mission. Faith in Florida describes its mission as building a multiracial, multi-faith community and connecting congregations and community partners. New Disabled South says it works to improve disabled people’s lives and build disability justice and rights movements in the South. Voice of the Experienced describes work in voter education, legal services, and economic empowerment for formerly incarcerated people.
Grantmaking
In 2025, the funder reported 32 grants totaling $920,150. Grants ranged from $10,000 to $52,500, with a median of $25,000. The listed grant purposes were for support of independent revenue-generation projects.
Among the largest 2025 grants were $52,500 to Faith in Florida; $50,000 each to Engage Miami Civic Fund, Florida Rising Together, and Voice of the Experienced; and $40,000 to Crossroads Cultural Arts Center. Other grants included $35,000 each to Common Defense Education Fund, New Disabled South, ProGeorgia State Table, and RestoreHer USAmerica.
The funder describes traditional project grants, recoverable grants, and market-rate loans. Its website says recoverable grants are offered to nonprofits seeking to scale a revenue-generation method that has demonstrated a 2:1 or better return on investment. Its program description says letters of inquiry are accepted on a rolling basis, with applications invited when funding is available that matches the criteria.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing listed Lea Madry as board president, Jen Matheson as board treasurer, Pretiss Haney as board secretary, and Andrea Serrano and Margaret Huang as board members. Bethany Maki was listed as executive director. The filing also listed Polly Stamatopoulos and Valeria Sosa Garnica as senior directors, Kafele Thomas as director, and Johanna Olivas as managing director; Stamatopoulos and Thomas were listed as serving until January 2025, and Olivas until March 2025.
Progressive Multiplier Fund is led by Bethany Maki, Executive Director on filings since 2021; 5 of 10 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bethany Maki
Executive Director
On filings since 2021
37 hrs/week
$182K (2023) → $201K (2025)
Lea Madry
Board President
Co-Chair → Board Co-President, 2024
Board Co-President → Board President, 2025
On filings since 2023
0.2 hrs/week
No compensation reported
Johanna Olivas
Managing Director
New on the 2025 filing
37 hrs/week
$122K (2025)
Polly Stamatopoulos
Senior Director
On filings since 2024
37 hrs/week
$153K (2024) → $158K (2025)
Kafele Thomas
Director
New on the 2025 filing
37 hrs/week
$113K (2025)
Valeria Sosa Garnica
Senior Director
New on the 2025 filing
37 hrs/week
$117K (2025)
Margaret Huang
Board Member
Co-Chair → Board Co-President, 2024
Board Co-President → Board Member, 2025
On filings since 2022
0.2 hrs/week
No compensation reported
Jen Matheson
Board Treasurer
Board Member → Board Treasurer, 2024
On filings since 2023
0.2 hrs/week
No compensation reported
Pretiss Haney
Board Secretary
On filings since 2024
0.2 hrs/week
No compensation reported
Andrea Serrano
Board Member
New on the 2025 filing
0.2 hrs/week
No compensation reported
Former officers (6)
- Former: Adrian Haro (2024) — Board Member Pmf
- Former: Vanessa Pierce (2020–2023) — Board Member
- Former: Secky fascione (2022–2023) — Board Member
- Former: Philip D Radford (2020–2022) — Executive Director
- Former: Henry Gentenaar (2020–2021) — Secretary
- Former: Jigar Shah (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $201K, to Bethany Maki (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Progressive Multiplier Fund
How much does Progressive Multiplier Fund give each year?
Progressive Multiplier Fund gave $920K across 32 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $595K across 20 grants.
What is Progressive Multiplier Fund's typical grant size?
Progressive Multiplier Fund's median grant in 2025 was $25,000, and its average grant was $28,755, across 32 grants on its 2025 IRS Form 990.
Where does Progressive Multiplier Fund give grants?
Progressive Multiplier Fund's top state is Florida, with 24% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Oregon (15%) and Georgia (11%). The most frequent recipient cities were Portland, OR (4 grants), Miami, FL (2 grants), Atlanta, GA (2 grants) and New York, NY (2 grants).
Does Progressive Multiplier Fund give general operating support?
Not in 2025: none of the 32 grants with a stated purpose on Progressive Multiplier Fund's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "For Support of Independent Revenue Generation Project" (30 grants).
Who are Progressive Multiplier Fund's largest grantees?
Progressive Multiplier Fund's largest 2025 grantees include Faith in Florida Inc ($52,500), Engage Miami Civic Fund ($50,000) and Florida Rising Together Inc ($50,000), according to its 2025 IRS Form 990. Together they received 17% of its itemized 2025 grant dollars.
How large is Progressive Multiplier Fund?
Progressive Multiplier Fund reported $1.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.
What does Progressive Multiplier Fund fund?
The organization’s stated mission is to support charitable organizations with community outreach and revenue generation. Its website describes its purpose as helping organizations working toward justice and democracy build financial resilience. See mission & focus areas ↑
How do I apply for a grant from Progressive Multiplier Fund?
The program description says to submit a letter of inquiry; it does not specify required materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Progressive Multiplier Fund's EIN?
Progressive Multiplier Fund's EIN (Employer Identification Number) is 83-1264302. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 30, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 7, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Progressive Multiplier Fund's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Progressive Multiplier Fund funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/progressive-multiplier-fund-morg_de7fcb64090d43869874cdd0b708077b
BibTeX
@misc{grantable_831264302_2026,
author = {{Grantable}},
title = {{Progressive Multiplier Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/progressive-multiplier-fund-morg_de7fcb64090d43869874cdd0b708077b},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Progressive Multiplier Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Progressive Multiplier Fund down — hundreds of funders to go?