SOURCE: Wikipedia, captured 2020-09-10
This page last modified: 2022-01-20 13:05:22 -0800 (PST)
See also [re: donor-advised funds]: Donors Trust | National Philanthropic Trust | Philanthropy Roundtable | Tides Foundation.
The Tides Foundation is an American public charity and fiscal sponsor working to advance progressive causes and policy initiatives in areas such as the environment, health care, labor issues, immigrant rights, LGBTQ+ rights, women's rights and human rights. The Tides Foundation was founded in San Francisco in 1976. Through donor advised funds, the Tides Foundation distributes money from anonymous donors to other organizations, which are often politically liberal. The Tides Foundation manages two centers in San Francisco and New York that offer collaborative spaces for social ventures and other nonprofits.
Since 1996, the Tides Foundation has overseen the Tides Center, which is an incubator for smaller progressive organizations. In 2004, Tides formed the Tides Shared Spaces offshoot which specializes in renting office space to nonprofit tenants. In 2008, Stephanie Strom referred to Tides Network as the umbrella organization for these entities.
Tides was founded in 1976 by Drummond Pike, who worked with Jane Bagley Lehman, heir to the R.J. Reynolds Tobacco Company fortune.
In the chapter entitled "The Givers" in his 2017 publication "The Givers: Wealth, Power, and Philanthropy in a New Gilded Age," David Callahan wrote that Drummond Pike was an entrepreneurial activist -- and that Pike and his wealthy friends teamed up to create Tides, which "used donor-advised funds to direct resources to progressive causes."
"The Givers: Wealth, Power, and Philanthropy in a New Gilded Age," which is a more recent edition of David Callahan's 2010 book, "Fortunes of Change: The Rise of the Liberal Rich and the Remaking of America."
David Callahan, who is the co-founder of the think tank Demos, also described the origins of Donors Trust, an American non-profit donor-advised fund that was founded in 1999 to safeguard the "intent of libertarian and conservative donors."
Jane Bagley Lehman served as the Chair of the Tides Foundation from its founding to her death in 1988. The Tides Foundation was conceived as a nationally oriented community foundation, and founded out of Pike's frustration with established philanthropy's perceived neglect of progressive issues. He envisioned using fiscal sponsorship for progressive political activism. Fiscal sponsorship uses a tax-exempt charity to provide financial support to a non-exempt project or organization, therefore lending it tax exemption as long as the charity retains control of the way its funds are spent. He served as its CEO until he was replaced by Melissa L. Bradley in 2010.
By 2009, Tides allocated $75 million per year in donor money, most of which went to fund progressive political causes. In 2011, Tides received about $90 million in funding, and awarded about $96 million to various individuals and organizations.
The Tides Foundation has received $16.70 million from the Bauman Foundation:
| Bauman Foundation: Grants, by Fiscal Year (July 01 - June 30) | |||
| Data captured 2020-09-11. | |||
| Grantee | Fiscal Year | Amount | Cumulative Amount |
| Tides Foundation | 2008-09 | $700,000 | $16,695,000 |
| Tides Foundation | 2009-10 | $1,350,000 | |
| Tides Foundation | 2010-11 | $525,000 | |
| Tides Foundation | 2011-12 | $600,000 | |
| Tides Foundation | 2012-13 | $600,000 | |
| Tides Foundation | 2013-14 | $100,000 | |
| Tides Foundation | 2014-15 | $500,000 | |
| Tides Foundation | 2015-16 | $1,250,000 | |
| Tides Foundation | 2016-17 | $1,225,000 | |
| Tides Foundation | 2017-18 | $1,300,000 | |
| Tides Foundation | 2018-19 | $2,520,000 | |
| Tides Foundation | 2019-20 | $3,825,000 | |
| Tides Foundation | 2020-21 | $2,200,000 | |
Drummond Pike founded a Canadian version of the organization, Tides Canada [now: MakeWay], in 2000. Tides Canada, which is based in Vancouver, makes grants through its foundation and has a charity that supports environmental and social justice projects. Tides Canada consists of the Tides Canada Foundation and the Tides Canada Initiatives Society.
Tides makes charitable contributions through donor advised and collective action funds and provides consulting, investment, fiscal management services, and a collaborative space for their partners in their New York City and San Francisco offices.
Organizations that began as projects of the Tides Foundation include Campaign to Defend the Constitution, Higher Education Recruitment Consortium, People for the American Way, Pew Internet and American Life Project, Rockridge Institute, Social Venture Network, Urgent Action Fund, and V-Day. The Tides Foundation website lists 130 current grantees.
As Tides is a public charity, it allows sponsors to donate money to different organizations-including for-profit as well as nonprofit entities-through donor-advised funds. Donor-advised funds are funds held in accounts by nonprofit organizations, like Tides, that then make grants to third-party entities on the donor's behalf. Organizations that have partnered with Tides to setup these funds include Girl Rising and the Humble Bundle.
In 2000, Tides launched a program called "Bridging the Economic Divide." The Tides Foundation focused on funding living wage campaigns and economic justice coalitions. Tides also launched the Tides Death Penalty Mobilization Fund, which supports the anti-death penalty movement. The Michigan Partnership to Prevent Gun Violence was founded with support from Tides.
Tides has received at least $3.5 million from financier and political activist George Soros.
From 2003 to 2012, Tides gave around $4.4 million to media advocacy organization Media Matters for America. The Tides Foundation has stated that it supports the Occupy Wall Street movement. The [former] CEO of Tides, Melissa L. Bradley, stated in a blog post on October 2011 that the movement "represents the best of American ideals and ingenuity."
Tides is affiliated with the Advocacy Fund, a liberal lobbying group. In the 2012 election cycle, the Advocacy Fund gave $11.5 million to 501(c)(4) organizations, including $2 million to the League of Conservation Voters, $1.8 million to America Votes, and $1.3 million to the Center for Community Change. The Advocacy Fund has also supported the environmentally-focused groups Bold Nebraska, National Wildlife Federation Action Fund, NRDC Action Fund, and the Sierra Club.
In 2008, the Advocacy Fund contributed to campaigns opposing Colorado Amendment 46, Colorado Amendment 47, Colorado Amendment 49 and Colorado Amendment 54. The Advocacy Fund distributed $11.8 million in grants in 2013 to groups promoting immigration reform, increased worker protections, chemical safety legal reform, and increased investment in the solar energy industry.
[2019-04-26] Kriss Deiglmeier to Step Down as CEO of Tides | local copy (html)
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