Tides (organization)
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Tides Organization
Tides Foundation
Tides Foundation logo.svg
MottoDaring Change
Founded1976
FounderDrummond Pike
TypePublic charity
Location
Area served
Worldwide
Services
[2]
  • Cheryl D. Alston
  • Kafi D. Blumenfield
  • Kriss Deiglmeier
  • Brickson Diamond
  • Suzanne DiBianca
  • Sid Espinosa (Vice-Chair)
  • Michael Fernandez
  • Edward G. Lloyd
  • Peter Mellen(Co-Chair)
  • Suzanne Nossel(Secretary)
  • Tuti B. Scott(Interim CEO)
  • Roslyn Dawson Thompson
  • Jacob Weldon
  • Jason Wingard (Co-Chair)
  • Steve Zuckerman
[3]
Key people
Kriss Deiglmeier (CEO)[4]
Revenue
$548 million (2018)[5]
Expenses$441 million (2018)[5]
Websitewww.tides.org

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. It was founded in San Francisco in 1976. Through donor advised funds, Tides distributes money from anonymous donors to other organizations, which are often politically liberal. It manages two centers in San Francisco and New York that offer collaborative spaces for social ventures and other nonprofits.

Since 1996, Tides has overseen the Tides Center, which is an incubator for smaller progressive organizations.[6] In 2004, Tides formed the Tides Shared Spaces offshoot which specializes in renting office space to nonprofit tenants.[7] In 2008, Stephanie Strom referred to Tides Network as the umbrella organization for these entities.[8]

History

Tides was founded in 1976 by Drummond Pike, who worked with Jane Bagley Lehman, heir to the R. J. Reynolds Tobacco Company fortune.[9]:265[10] In the chapter entitled "The Givers" in his 2017 publication by the same name, The Givers: Wealth, Power, and Philanthropy in a New Gilded Age, which is a more recent edition of his 2010 book, Fortunes of Change: The Rise of the Liberal Rich and the Remaking of America, David Callahan wrote that 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."[9]:202 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".[11][9]:204,205

Lehman served as the chair of the organization from its founding to her death in 1988.[12] Tides was conceived as a nationally oriented community foundation, and founded out of Pike's frustration with established philanthropy's perceived neglect of progressive issues.[13] He envisioned using fiscal sponsorship for progressive political activism.[14] 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.[15] He served as its CEO until he was replaced by Melissa L. Bradley in 2010.[16]

Pike founded a Canadian version of the organization, Tides Canada, in 2000.[17] Tides Canada, which is based in Vancouver, makes grants through its foundation and has a charity that supports environmental and social justice projects.[18] It consists of the Tides Canada Foundation and the Tides Canada Initiatives Society.[19][20]

By 2009, Tides allocated $75 million per year in donor money, most of which went to fund progressive political causes.[9]:202 In 2011, Tides received about $90 million in funding, and awarded about $96 million to various individuals and organizations.[21]

Services

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.[2]

Donations

Organizations that began as projects of Tides 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.[22] The Tides website lists 130 current grantees.[23] 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.[24] 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.[25] Organizations that have partnered with Tides to setup these funds include Girl Rising and the Humble Bundle.[26][27]

In 2000, Tides launched a program called "Bridging the Economic Divide." It 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.[28]

Tides has received at least $3.5 million from financier and political activist George Soros.[29]

From 2003 to 2012, Tides gave around $4.4 million to media advocacy organization Media Matters for America.[] It has stated that it supports the Occupy Wall Street movement. The 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."[30]

Advocacy Fund

Tides is affiliated with the Advocacy Fund, a liberal lobbying group.[31] 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.[32] The Advocacy Fund has also supported the environmentally-focused groups Bold Nebraska, National Wildlife Federation Action Fund, NRDC Action Fund, and the Sierra Club.[33]

In 2008, the Advocacy Fund contributed to campaigns opposing Colorado Amendment 46, Colorado Amendment 47, Colorado Amendment 49 and Colorado Amendment 54.[34] 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.[35]

See also

References

  1. ^ "Contact Us". Tides. Retrieved 2015.
  2. ^ a b c "2015 Annual Report" (PDF). Tides. 2015. Retrieved 2017.
  3. ^ "Board". Tides. Retrieved 2019.
  4. ^ Ip, Melissa (2014-01-17). "Tides taps Stanford's social innovation pioneer as new CEO". Retrieved .
  5. ^ a b "Tides Organizations Consolidated 2018 Audited Financial Statement" (PDF). Tides. Retrieved 2019.
  6. ^ "Social Sciences Distinguished Alumni Award Ceremony". UC Santa Cruz. 2016. Retrieved .
  7. ^ Duxbury, Sarah (2005-11-06). "Tides to lift other boats". San Francisco Business Times. Retrieved .
  8. ^ Strom, Stephanie (2008-08-16). "Head of foundation bailed out nonprofit group after its funds were embezzled". The New York Times. Retrieved .
  9. ^ a b c d Callahan, David (2017) [2010]. The Givers: Wealth, Power, and Philanthropy in a New Gilded Age. Alfred A. Knopf. p. 343. ISBN 978-1-101-97104-8.
  10. ^ Callahan, David (August 8, 2010). Fortunes of Change: The Rise of the Liberal Rich and the Remaking of America (1st ed.). Hoboken, N.J: Wiley. ISBN 978-0-470-17711-2.
  11. ^ Callahan, David (March 3, 2016). "Inside DonorsTrust: What This Mission-Driven DAF Offers Philanthropists on the Right". Inside Philanthropy. Retrieved 2016.
  12. ^ "Jane Lehman, 55; Active in Philanthropy". The New York Times. April 21, 1988. Retrieved 2017.
  13. ^ McCarthy & Faber 2005, p. 133.
  14. ^ Manheim 2004, p. 69.
  15. ^ Manheim 2004, p. 67.
  16. ^ "Tides Taps Social Entrepreneur and Progressive Thought Leader as New CEO". Tides. September 15, 2010. Archived from the original on September 25, 2010.
  17. ^ "Canada Revenue Agency website, Tides Canada Foundation". Canada Revenue Agency.
  18. ^ Carlson, Kathryn Blaze (June 27, 2012). "Tides, critics clash over charity's claims of transparency". National Post. Retrieved 2017.
  19. ^ Klassen, Mike (September 25, 2010). "Vision donor Drummond Pike steps down as Tides boss". CityCaucus.com. Retrieved 2017.
  20. ^ "Charitable Registrations - Tides Canada". Tides Canada. Retrieved .
  21. ^ "Tides > Grantees". Tides.
  22. ^ "History". Tides. Retrieved 2015.
  23. ^ "Project Directory". Tides. Retrieved 2015.
  24. ^ Kellow 2007, p. 144.
  25. ^ "A philanthropic boom: "donor-advised funds"". The Economist. March 23, 2017. Retrieved 2017.
  26. ^ "What is the Girl Rising Fund?". Girl Rising. 2017. Retrieved . Cite has empty unknown parameter: |1= (help)
  27. ^ "Humble Bundle Giving Fund at Tides Foundation". Humble Support. Retrieved 2017.
  28. ^ Anheier & Leat 2006, p. 57.
  29. ^ Egan, Mark; Nichols, Michelle (October 14, 2011). "Soros: not a funder of Wall Street protests". Reuters. Retrieved 2019.
  30. ^ Bradley, Melissa L. (October 12, 2011). "Why We Support the #OccupyWallStreet Movement". Tides.
  31. ^ Choma, Russ; Vendituoli, Monica (July 22, 2013). "Advocacy Fund Spends Millions to Lobby on Immigration". OpenSecrets.org. Center for Responsive Politics. Retrieved 2015.
  32. ^ Blumenthal, Paul (April 9, 2014). "Nothing Really Compares To The Koch Brothers' Political Empire". Huffington Post. Retrieved 2015.
  33. ^ Yachnin, Jennifer (December 11, 2013). "Still 'electing the best, defeating the worst' -- but with far greater resources than before". E&E Publishing. Retrieved 2015.
  34. ^ "Tides Advocacy Fund". Follow The Money. National Institute on Money in State Politics. Retrieved 2015.
  35. ^ Blumenthal, Paul (January 29, 2015). "Groups With Liberal Ties Tapped To Re-Elect The GOP Establishment". Huffington Post. Retrieved 2015.

Further reading

Anheier, Helmut K.; Leat, Diana (2006). Creative Philanthropy: Toward a New Philanthropy for the Twenty-First Century. Routledge. ISBN 9781134197651.CS1 maint: ref=harv (link)
Kellow, Aynsley J. (2007). Science and Public Policy: The Virtuous Corruption of Virtual Environmental Science. Edward Elgar Publishing. ISBN 9781847208767.CS1 maint: ref=harv (link)
Manheim, Jarol B. (2004). Biz-War and the Out-of-Power Elite: The Progressive-Left Attack on the Corporation. Psychology Press. ISBN 9780805850680.CS1 maint: ref=harv (link)
McCarthy, Deborah; Faber, Daniel (2005). Foundations for Social Change: Critical Perspectives on Philanthropy and Popular Movements. Rowman & Littlefield. ISBN 9780742549883.CS1 maint: ref=harv (link)

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

Tides_(organization)
 



 



 
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