Invest in a new kind of philanthropy for greater impact
wHY INVEST IN A FUNDING INTERMEDIARY WITH A FOCUS IN INDEPENDENT REVENUE GENERATION?
Grantmaking intermediaries play an interesting role in the philanthropic ecosystem. To quote the MacArthur Foundation, “Working through intermediaries can facilitate collaboration with other funders and pooling of resources for re-granting to others. It also makes it possible for us to augment the efforts of our staff with those of individuals with specialized expertise… Effective intermediaries are well-run, knowledgeable organizations with the capacity to grant or invest our funds and oversee their use.”
We find and fund membership fundraising, using resources from a range of funders and donors, scalable, repeatable independent revenue generation methods, that we then share with all progressive nonprofits through our online Innovation Exchange Center, creating a community of peer learning and expertise.
There are four reasons why our grantee partners have made independent revenue generation a priority and are seeking a sea change in how philanthropy invests in it.
3. Scale & Sustainability
THE OPPORTUNITY TO PARTNER
Support subgrants, strategic assistance, and/or training for a cohort of funder's grantees or grantees in a designated program/geographic area.
Support subgrants and strategic assistance for movement groups who apply directly to PM, especially when rapid response needs arise.
Provide general operating support or program grants to PM so it can assist a broad array of nonprofits, such as by offering online revenue generation resources and community for free, funding Progressive Pipeline fellows who directly support subgrantee partner projects, and helping us measure independent revenue generation's impact on the movement, synthesizing and publishing project learnings to the movement, etc.
Give to the Transformative Growth Fund, raised for making large recoverable grants to groups ready to scale their independent revenue generation efforts, and securing program-related investments to accelerate PM's ability to finance independent revenue generation growth for the movement.