Multiplying Good Inc

Organization Overview

Multiplying Good Inc, operating under the name Jefferson Awards Foundation, is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Jefferson Awards Foundation employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Awards Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Jefferson Awards Foundation generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MULTIPLYING GOOD'S MISSION IS TO CULTIVATE GREATNESS THROUGH SERVICE TO OTHERS. APPLYING SERVICE AS A TOOL FOR PERSONAL GROWTH, WE HELP PEOPLE DISCOVER THEIR ABILITY TO BRING ABOUT POSITIVE CHANGE, DELIVER THE SKILLS THEY NEED TO DO IT WELL, AND, BY VALIDATING THEIR IMPACT, INSPIRE THEM TO DO MORE. WE HAVE PROVEN THIS CONTINUUM OF ACTIVATION, TRAINING, AND RECOGNITION GENERATES RIPPLES OF GOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC SERVICE IS A POWERFUL TOOL TO HELP YOUNG PEOPLE DISCOVER THEIR TRUE POTENTIAL. WE BELIEVE SOME OF THE MOST VALUABLE LESSONS COME FROM PUTTING OTHERS' NEEDS FIRST. WITH IMMERSIVE TRAINING, OPPORTUNITIES FOR LOCAL ENGAGEMENT, AND A PRESTIGIOUS AWARDS PLATFORM TO HONOR ACHIEVEMENT, WE HELP YOUTH DEVELOP CONFIDENCE IN THEIR ABILITY TO MAKE A DIFFERENCE-CONFIDENCE TO MAKE THE WORLD A BETTER PLACE. TO DATE, WE HAVE TRAINED MORE THAN 30,000 EMPATHETIC YOUNG LEADERS AND CHANGEMAKERS.FOR NEARLY 50 YEARS, OUR MEDIA PARTNERS HAVE RECOGNIZED AND ELEVATED THE BEST OF THEIR COMMUNITIES WITH JEFFERSON AWARDS, POSITIONING THEIR BRANDS TO MULTIPLY GOOD. BY SYSTEMATICALLY TELLING GOOD NEWS STORIES IN THE CONTEXT OF A NATIONAL BRAND, OUR MEDIA PARTNERS WHO REACH 100 MILLION AMERICANS EACH YEAR AND HAVE GIVEN OUT 62,000 AWARDS TO GRASSROOTS UNSUNG HEROES, DRIVE NON-TRADITIONAL REVENUE AND ENHANCE AUDIENCE STICKINESS.OUR CORPORATE PARTNERS ACTIVATE THEIR WORKFORCES AND SUPPORT VITAL YOUTH SERVICE, LEADERSHIP TRAINING AND RECOGNITION. WE DELIVER AN EMPLOYEE RECOGNITION PLATFORM THAT CELEBRATES THOSE ALREADY GIVING BACK AND INSPIRES THEM TO DO MORE. OPPORTUNITIES ARE ALSO AVAILABLE FOR ORGANIZATIONS TO ENGAGE WITH YOUNG PEOPLE TO GROW THEIR LEADERSHIP SKILLS AND BRING ABOUT POSITIVE CHANGE IN THEIR COMMUNITIES. THESE PARTNERSHIPS REPRESENT MORE THAN 8 MILLION EMPLOYEES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $903,274
All other contributions, gifts, grants, and similar amounts not included above$3,388,852
Noncash contributions included in lines 1a–1f $540,314
Total Revenue from Contributions, Gifts, Grants & Similar$4,292,126
Total Program Service Revenue$653,779
Investment income $68,949
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $177,441
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,192,295

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Multiplying Good Inc has recieved totaling $321,478.

Awarding OrganizationAmount
Zide Family Foundation

Wilmington, DE

PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSE

$100,000
The Laluyaux Foundation

San Francisco, CA

PURPOSE: EDUCATIONAL RESOURCES

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$27,930
The Dimenna Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING PURPOSE

$25,000
Coastal Community Foundation Of South Carolina Inc

N Charleston, SC

PURPOSE: EDUCATION GRANT

$24,700
Jolley Foundation

Las Vegas, NV

PURPOSE: GENERAL OPERATIONS

$20,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,073,016
Earnings$123,542
Net Contributions$3,268
Other Expense$180,000
Ending Balance$3,019,826

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