 | |
| Founded | 1976; 50 years ago (1976) |
|---|---|
| Founder | Drummond Pike |
| Type | Public charity |
| Location | |
Area served | Worldwide |
| Services | Donor-advised fund, fiscal sponsorships, collective action funds, consulting services |
Key people | Janiece Evans-Page(CEO)[2] |
| Revenue | $350 million (2023)[3] |
| Expenses | $712 million (2023)[3] |
| Website | www |
Tides Foundation is a left-leaningdonor advised fund based in the United States that manages over $1.4 billion in assets.[4] It was founded in San Francisco in 1976 byDrummond Pike. Tides distributes money from anonymous donors to other organizations, which are often politically progressive.[5]
Tides was founded in 1976 by philanthropistDrummond Pike with assistance from Jane Bagley Lehman, granddaughter ofR.J. Reynolds. Lehman was the organization'schair from 1976 until her death in 1988; Pike was the organization'schief executive officer until 2010.[6][7] It is named after Tides Bookstore, a defunct bookstore inSausalito.[8] Tides was conceived as a nationally oriented community foundation, and founded out of Pike's frustration with established philanthropy's perceived neglect ofprogressive issues.[9]: 133
Pike envisioned usingfiscal sponsorship for progressive political activism.[10]: 69 Fiscal sponsorship uses atax-exempt charity to provide financial support to a non-exempt project or organization, thereby lending it tax exemption as long as the charity retains control of the way its funds are spent.[10]: 67 InThe Givers: Wealth, Power, and Philanthropy in a New Gilded Age,David Callahan wrote that Pike was an "entrepreneurial activist" and that Pike and his "wealthy friends" united to create Tides which "used donor-advised funds to direct resources to progressive causes."[11]: 202 Callahan, who is the co-founder of the think tankDemos, contrasted this with a similar approach taken byDonors Trust, an Americannon-profitdonor-advised fund founded in 1999 to safeguard the "intent of libertarian and conservative donors".[12][11]: 204–205
Tides foundedPeople for the American Way withNorman Lear and the National Network of Grantmakers in 1980.[13] By the 1990s, Tides was providing more thanUS$10 million in grants annually.[12] 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.[14][15]
Tides allocated $75 million per year in donor money by 2009, most of which went to fund progressive political causes.[16]: 202
Tides has been the subject of rhetorical attacks byconservative commentators, includingGlenn Beck and others onFox News.[17] In 2010, an assassin attempted to attack the offices of Tides, but wasstopped by members of theCalifornia Highway Patrol.[18] The assassin said they were inspired by what they had seen on Fox News. Following the attack, Pike called for advertisers to pull their sponsorships for programs on the network.[19]
Tides received about $90 million in funding in 2011, and awarded about $96 million to various individuals and organizations.[20]
TheWikimedia Foundation, the non-profit organization which managesWikipedia, has worked with the Tides Foundation since 2016. The multimillion-dollarWikimedia Endowment was created in 2016 to support the Wikimedia projects and was managed by Tides until 2023, when it was spun off into its own nonprofit.[21][22] In 2019, Wikimedia's incoming general counsel, Amanda Keton, became the head of Tides Foundation.[23] In 2020, Wikimedia established a $4.5M donor-advised fund, the Wikimedia Foundation Knowledge Equity Fund, at Tides Advocacy.[24]
In 2020, Tides conducted a campaign encouraging its donors to move funds from more static donor-advised fund accounts to Tides-led initiatives in one of the organization's grantmaking areas, spurring spending and grantmaking, leading to Tides providing approximately $200M in grants to promote civic engagement and combat voter suppression in 2024.[25]
Organizations that began as projects of Tides includeCampaign 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, andV-Day.[26] The Tides website lists 130 current grantees.[27] 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.[28] 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.[29] Organizations that have partnered with Tides to set up these funds includeGirl Rising and theHumble Bundle.[30][31]
Tides launched a program called "Bridging the Economic Divide" in 2020. 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.[14]
TheOpen Society Foundations, funded byGeorge Soros, contributed $25.8 million to Tides between 2020 and 2021, earmarking some of its donations for pro-Palestinian causes. TheRockefeller Brothers Fund contributed nearly $1 million to Tides in 2023, earmarking the majority of it forPalestine Legal and theAdalah Justice Project. TheFord Foundation is also a donor to the Tides Foundation.[32]
The Tides Foundation has fundedJewish Voice for Peace, theCouncil on American Islamic Relations,IfNotNow,Code Pink, and the Westchester County Peace Action Committee, which supportsStudents for Justice in Palestine andAmerican Muslims for Palestine. These organizations have been involved in pro-Palestinian protests on college campuses in2024 and2025.[32]
Democratic SenatorSheldon Whitehouse described Tides as adark money group on the left, similar to those on the right.[33] TheBlack Lives Matter Global Network Foundation (BLMGN) sued Tides in 2024, alleging mismanagement of donations. In 2020, BLMGN was the recipient of $90 million in donations but did not have tax-exempt status. They used Tides to invest some of the funds and access financial services. The two groups had been partners, with Tides acting as the fiscal sponsor for the foundation while it awaited tax-exempt status. BLMGN ended its partnership with Tides in 2022 and accused Tides of refusing to transfer millions to the group. Tides denied the allegations, saying the money was reserved in the Black Lives Matter Support Fund for smaller chapters like the Black Lives Matter Grassroots organization, which was no longer part of the Black Lives Matter Global Network Foundation.[4][34]
Tides is affiliated with the Tides Advocacy Fund (also known as Tides Advocacy), a liberal lobbying group.[35] In the 2012 election cycle, the Advocacy Fund gave $11.5 million to501(c)(4) organizations, including $2 million to theLeague of Conservation Voters, $1.8 million toAmerica Votes and $1.3 million to theCenter for Community Change.[36] The Advocacy Fund has also supported the environmentally-focused groupsBold Nebraska,National Wildlife Federation Action Fund,NRDC Action Fund, and theSierra Club.[37]
The Advocacy Fund contributed to campaigns opposingColorado Amendment 46,Colorado Amendment 47,Colorado Amendment 49 andColorado Amendment 54 in 2008.[38] The Advocacy Fund distributed $11.8 million in grants in 2013 to groups promoting mass amnesty for illegal immigrants, increased worker protections, chemical safety legal reform, and increased investment in the solar energy industry.[39]
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