Tides Foundation: Company Research Report
Company Overview
- Name: Tides Foundation
- Mission: Tides is committed to advancing social justice by shifting resources and power to historically excluded communities, unlocking transformative change.
- Founded: 1976
- Key People: Janiece Evans-Page, CEO
- Headquarters: San Francisco, California
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Tides is known for its role as a nonprofit and philanthropic organization that provides fiscal sponsorship, donor-advised funds, impact investing, and various grantmaking solutions to advance social justice and equity.
Products and Services
- Fiscal Sponsorship: Tides extends its legal and operational systems to changemakers, enabling them to run initiatives without forming a new nonprofit, providing legal and tax-exempt status support.
- Donor Advised Funds: Tides enables donors to channel their resources into mission-aligned organizations and movements through tailored philanthropic solutions.
- Collective Action Funds: These allow multiple stakeholders to pool resources for common causes, including grants to 501(c)(4)s and international grantmaking.
- Social Change Leader Funds: Tides offers infrastructure to support fundraising initiatives for social change leaders through designated funds.
- Impact Investing: Customized portfolios are created to blend investors' goals with social change funding.
- Strategic Advising: Tides designs and delivers nonprofit and philanthropic strategies to support sustainable, justice-centered solutions.
Recent Developments
Initiatives and Partnerships
- Voter Engagement and Mobilization Initiative (April 30, 2024): Tides has committed $200 million to bolster voter engagement and mobilization, especially among communities of color, young people, and under-resourced communities. This initiative includes a $10 million donation from philanthropist MacKenzie Scott.
- Racial Equity Fund (September 12, 2023): In partnership with the American Psychological Association (APA), Tides is managing a Racial Equity Fund seeded with $1.1 million, aimed at dismantling systemic racism through research and initiatives aligned with APA's Racial Equity Action Plan.
- Immigrants Belong Fund (May 4, 2023): Tides launched this new fund to empower BIPOC and immigrant-led organizations to create pro-immigrant media and storytelling content. Define American was selected to facilitate community practice and media training as part of this initiative.
New Features and Programs
- Community of Practice: As part of the Immigrants Belong Fund, Tides collaborates with Define American to guide ten immigrant-led nonprofit organizations through a narrative learning curriculum to redefine immigrant storytelling in mass media.
- Enhanced Grantmaking Tools: Tides has continually developed and offered innovative grantmaking tools and solutions, such as donor-advised and collective action funds, aimed at pooling resources and supporting community-based organizations working on crucial social issues.
Organizational Highlights
- Managed Assets: As of 2023, Tides manages $875 million in assets.
- Grantees in 2023: Over 4,000 grantees were supported through Tides' various funds and sponsorship services.
- Active Partners: More than 120 active fiscally sponsored partners as of 2023.
Impact and Strategic Goals
- Justice and Equity Focus: Tides utilizes its platforms to address critical justice issues, advocating for climate justice, reproductive freedom, racial justice, and voting rights through strategic philanthropic efforts.
- Partnership-based Approach: Tides collaborates with a diverse network of funders and changemakers to advance equitable solutions and amplify community power.
For more information and to explore partnership opportunities with Tides, visit [tides.org](https://www.tides.org).
