Multiplier is a 501(c)(3) organization based in San Francisco, California, registered in 2002, with $65,807,518 in FY2024 revenue. CharityIndex grades it B+, and it directs about 93% of spending to programs.
Revenue (FY2024)
$65.8M
▼ 12.2% vs prior year
Environment median: $250K
Expenses (FY2024)
$78.4M
Net assets
$56.9M
Employees
252
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Multiplier: 93% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Multiplier: 9 mo reserves · -19% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Multiplier: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Multiplier: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
To protect and foster a healthy, sustainable, resilient, and equitable world.
Sustainable, equitable economies: workers, their families, and the communities in which they live are sustained by economically healthy local and regional businesses. industries with core values that reflect minimal environmental impact are fostered, sustained and enabled to thrive.
Secure natural resources: natural resources achieve sustainable yield, keep humans and other species alive, and support the world's economies. policies and practices are in place to ensure that natural resources are not degraded or depleted. after periodic disturbances within ecosystems, resources are able to quickly recover or return to equilibrium.
Healthy planet and people: biodiverse plants and animals, including humans, live in balanced ecosystems that provide the nutrients they need and a place to live, grow and thrive.
Revenue grew from $11.9M (FY2014) to $65.8M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-19.1%
Spent more than it raised in the latest fiscal year.
Total assets
$63.4M
Total liabilities
$6.5M
Net assets
$56.9M
Salaries & benefits
$24.2M
31% of expenses
Board members
7
7 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,807,518▼12.2% | $78,401,664▲26.2% | $56,921,586▼17.8% | $63,389,839▼17.5% | 990 |
| 2023 | $74,976,144▲32.8% | $62,120,685▲73.6% | $69,255,945▲18.6% | $76,819,430▲17.6% | 990 |
| 2022 | $56,443,318▲41.6% | $35,786,162▲21.0% | $58,372,038▲52.4% | $65,327,961▲50.2% | 990 |
| 2021 | $39,865,015▲15.7% | $29,580,615▲18.4% | $38,306,494▲37.7% | $43,496,092▲25.1% | 990 |
| 2020 | $34,447,843▲91.5% | $24,974,950▲45.3% | $27,826,871▲157% | $34,782,469▲146% | 990 |
| 2018 | $17,989,524▼0.5% | $17,193,845▲4.4% | $10,845,639▲8.0% | $14,160,871▲32.7% | 990 |
| 2017 | $18,079,962▲4.5% | $16,468,265▼0.7% | $10,046,867▲19.1% | $10,668,482▲18.2% | 990 |
| 2016 | $17,294,100▼5.4% | $16,591,614▲2.0% | $8,435,170▲9.1% | $9,024,355▲1.5% | 990 |
| 2015 | $18,277,006▲54.2% | $16,259,407▲81.8% | $7,732,684▲35.3% | $8,893,408▲36.6% | 990 |
| 2014 | $11,855,664 | $8,941,679 | $5,715,085 | $6,509,761 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Laura Griffin-deaton — $274,272 (0.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Laura Griffin-deaton | Executive Director | 40 | $274,272 |
| Anna Foglesong | Project Director | 40 | $253,683 |
| Evan Edwards | Project Director | 40 | $252,588 |
| Kristin Coates | Project Director | 40 | $236,753 |
| Diane Doucette | Project Director | 40 | $236,710 |
| Constance De Brun | Head of Finance | 40 | $220,385 |
| John Nordgren | Project Director | 40 | $192,682 |
| Ashley Ahearn | Board Director | 1 | — |
| Bernd Cordes | Board Secretary | 1.5 | — |
| Jonathan Brack | Board Director | 1 | — |
| Kayla Gebeck | Board Director | 1 | — |
| Miriam Billinger | Board Treasurer | 1.5 | — |
| Paulina Lopez | Board Director | 1 | — |
| Phillip Gover | Board Chair | 1.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Converge Strategies LLC | Project Advisory | $827,931 |
| Fernleaf Interactive | Project Advisory | $527,019 |
| Arc Initiatives LLC | Project Advisory | $468,600 |
| Icf Incorporated LLC | Project Advisory | $400,736 |
| The Brattle Group Inc | Project Advisory | $294,679 |
255 grants to Multiplier totaling $95.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Breakthrough Energy Foundation | Policy development | 2024 | $5,000,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Environment & animal protection | 2024 | $3,010,000 |
| The New York Community Trust | For program support. | 2024 | $1,500,000 |
| Rf Catalytic Capital Inc | To support capacity building | 2024 | $1,500,000 |
| Silicon Valley Community Foundation | Community development | 2024 | $1,246,100 |
| Rockefeller Philanthropy Advisors Inc | Environment, community improvement & capacity building, environment, environment, environment | 2024 | $1,189,410 |
| Climateworks Foundation | To support responsible carbon removal and restore the climate | 2024 | $450,000 |
| Resources Legacy Fund | Land or marine conservation, climate change, and/or environmental equity and justice | 2024 | $425,000 |
| Impactassets Inc | General support | 2024 | $336,883 |
| Urban Institute | Grant sub-award | 2024 | $158,895 |
| Maine Community Foundation Inc | Environment | 2024 | $151,575 |
| Pew Charitable Trusts | Policy | 2024 | $150,000 |
| Hopewell Fund | Technology and innovation | 2024 | $145,043 |
| United States Energy Foundation | To support education and outreach to build a clean energy future. | 2024 | $125,000 |
| New Venture Fund | Environmental programs | 2024 | $125,000 |
83 grants totaling $35.8M in FY2024 — showing the 15 largest. All grants made by Multiplier →
| Recipient | Purpose | Amount |
|---|---|---|
| United States Energy Foundation | Transmission solutions for a clean energy future | $4,200,000 |
| Americans For A Clean Energy Grid | Transmission solutions for a clean energy future | $2,395,400 |
| American Council On Renewable Energy-acore | Transmission solutions for a clean energy future | $2,388,463 |
| Ce Buyers Institute | Transmission solutions for a clean energy future | $1,300,000 |
| Great Plains Institute For Sustainable Development | Transmission solutions for a clean energy future | $1,225,000 |
| Western Resource Advocates | Transmission solutions for a clean energy future | $1,207,138 |
| Princeton University | Transmission solutions for a clean energy future | $1,177,000 |
| National Caucus of Environmental Legislators | Transmission solutions for a clean energy future | $1,120,000 |
| Legacy Philanthropy Works | Advocate for sustainable fisheries and ocean stewardship. | $1,000,000 |
| National Audubon Society Inc | Transmission solutions for a clean energy future | $1,000,000 |
| League of Conservation Voters Education Fund | Transmission solutions for a clean energy future | $975,000 |
| Gridlab Inc | Transmission solutions for a clean energy future | $925,000 |
| Renewable Northwest Project | Transmission solutions for a clean energy future | $805,000 |
| Union of Concerned Scientists Inc | Transmission solutions for a clean energy future | $795,551 |
| Acadia Center | Transmission solutions for a clean energy future | $750,000 |
Explore more
Data for Multiplier (EIN 91-2166435) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.