FUNDRAISING CAPACITY BUILDING + KICKSTART GRANTS
These grants are for nascent mass market revenue generation programs that have a proven successful tactic to scale. Grants are usually $10,000 or less for projects lasting up to six months. Nonprofits may receive up to four consecutive Kickstart Grants, as a path toward Test Grant eligibility. Each grantee organization receives ten hours of fundraising consulting time as part of their grant.
These grants are for established mass market revenue generation programs seeking to build their program’s foundation. Grants are approximately $25,000 for projects lasting up to twelve months. Nonprofits may receive up to two consecutive Test Grants, aiming to move toward Scale Grant eligibility. Each grantee organization receives twenty hours of fundraising consulting time as part of their grant.
These grants are for mature mass market revenue generation programs that are seeking to scale a proven successful tactic. Grants are for up to $120,000 for projects lasting twelve months or more. Each grantee organization receives fifteen to thirty hours of fundraising consulting time as part of their grant depending on the project’s complexity. These grants are paid back to the Progressive Multiplier out of the project proceeds so that they can be quickly regranted back to the movement.
The Progressive Multiplier is also able to provide market rate loans to finance certain aspects of revenue generation projects.
The IRS has approved the Progressive Multiplier Fund (PMF), a 501(c)(3), to grant funds to 501(c)(4) organizations for revenue generation projects; we believe this is unique to the PMF.
Any 501(c )(4) project that the PMF funds is evaluated in three steps: (1) determining which costs of the project are related to program, fundraising, or administration; (2) determining that the program component is 501(c)(3) permissible, and (3) providing grants for the program component and loans for any fundraising or administration costs. While our grantee, their auditors, and their attorneys are responsible for compliance, the PMF audits their work to protect against any reputational risk to the PMF and our partners.