Why a Stimulus Project?

Facing economic recession, progressive nonprofits need to stimulate independent revenue generation so they can continue to provide and advocate for our social safety net.

Why a Stimulus Project?

Facing economic recession, progressive nonprofits need to stimulate independent revenue generation so they can continue to provide and advocate for our social safety net.

One crucial way that philanthropy should support organizations is to do what Congress does: adopt a stimulus package
Stimulus Project
One crucial way that philanthropy should support organizations is to do what Congress does: adopt a stimulus package

The Progressive Stimulus Project aims to strengthen the financial sustainability and agency of nonprofits through this challenging time.

More than a dozen major U.S. foundations have launched of the Progressive Stimulus Project, a 36-month, $5 million-dollar annual initiative to support progressive groups’ independent revenue generation efforts. In this watershed moment, these nonprofits are being called to quickly advance civic engagement and social justice while they reframe their work against a backdrop of the COVID-19 pandemic and economic recession.

Philanthropy should be giving more, not less, in this time of crisis. And even if donors do give more, creative new fundraising strategies are vital to a sustainable future for progressive organizations. Wallace Global Fund is spending 20% of our assets this year as part of our efforts to fund the vital work being done right now to protect vulnerable families, communities, and organizations as individual giving collapses. We are honored to help support this innovative new program and call on our peers in philanthropy to recognize that supporting our nonprofit partners is far more important than protecting our endowments,” said Ellen Dorsey, Executive Director of the Wallace Global Fund.

In addition to Wallace, the fund, managed by Progressive Multiplier, is launching with the support of The JPB Foundation, Ford Foundation, Mertz Gilmore Foundation, Four Freedoms Fund, Evelyn & Walter Haas Jr. Fund, The Resilience Initiative (a project of Rockefeller Philanthropy Advisors through a grant from the David and Lucile Packard Foundation), the Overbrook Foundation, Amalgamated Foundation, The WhyNot Initiative, Resilient Democracy Fund and Rosenberg Foundation. To date, over $1.5 million have been contributed to the first year’s goal of $5 million.

“In economic downturns, we must work with others to strengthen the community-led organizations that fight for a strong social safety net, to alleviate poverty, and rebuild our society in a just and sustainable way. We are proud to support the Progressive Stimulus Project as one key element of investing in community organizations during this turbulent time.”

– JPB Foundation

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Progressive Stimilus Project Open Call

We're ready to fund progressive nonprofits navigating today's daunting fundraising landscape

— Lea Madry,
Director of Operations,
Accelerate Change Network

Open Call details:

Our goal is to fund independent revenue generation projects that have been born or had to evolve at the intersection of the COVID-19 pandemic, recent protests for racial justice and economic recession. To see if your organization is a fit for the Progressive Multiplier, check out our criteria here

Examples of PSP grant projects may be: 

  • Rapid response fundraising to support racial justice work and those hardest hit by the COVID-19 pandemic
  • Pivoting fundraising efforts to align with increased public awareness
  • Rapid diversification from fundraising streams lost to the pandemic, like face-to-face canvassing or galas
  • Expanded financing for existing successful fundraising at risk of getting defunded in upcoming budget cuts due to the recession

We’ll host an informational webinar on July 23, 2020 at 12:30 p.m. ET. Register here.

The Progressive Multiplier Program team will be available for phone consultations about applications July 24 through August 7. Also, watch your inbox and our social media accounts for tips on how to make your application great!

Applications are due August 14, 2020 by 5:00 p.m. ET. Applications will be submitted through the Center of Excellence.

Funding decisions will be communicated no later than September 11, 2020

— Lea Madry,
Director of Operations,
Accelerate Change Network

Open Call details:

Our goal is to fund independent revenue generation projects that have been born or had to evolve at the intersection of the COVID-19 pandemic, recent protests for racial justice and economic recession. To see if your organization is a fit for the Progressive Multiplier, check out our criteria here

Examples of PSP grant projects may be: 

  • Rapid response fundraising to support racial justice work and those hardest hit by the COVID-19 pandemic
  • Pivoting fundraising efforts to align with increased public awareness
  • Rapid diversification from fundraising streams lost to the pandemic, like face-to-face canvassing or galas
  • Expanded financing for existing successful fundraising at risk of getting defunded in upcoming budget cuts due to the recession

We’ll host an informational webinar on July 23, 2020 at 12:30 p.m. ET. Register here.

The Progressive Multiplier Program team will be available for phone consultations about applications July 24 through August 7. Also, watch your inbox and our social media accounts for tips on how to make your application great!

Applications are due August 14, 2020 by 5:00 p.m. ET. Applications will be submitted through the Center of Excellence.

Funding decisions will be communicated no later than September 11, 2020

"This is a time to stretch to support vulnerable communities and the organizations tha support and fight for and with them."

— deepak bhargava

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