Tides Foundation
- Assets
- $646.1m
- Revenue
- $350.1m
- Investments
- $25.8m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 01/1977
- Data as of
- 12/2023
- EIN
- 51-0198509
Organization Overview
Tides Foundation is located in San Francisco, CA. The organization was established in 1977. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tides 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 12/2023, Tides Foundation generated $350.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $711.6m during the year ending 12/2023. While expenses have increased by 17.6% per year over the past 9 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.
Since 2018, Tides Foundation has awarded 15,231 individual grants totaling $2,903,952,712. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRANTMAKING THROUGH FUNDS TO ACCELERATE THE PACE OF SOCIAL CHANGE.
Describe the Organization's Program Activity:
TIDES FOUNDATION MAKES GRANTS AND OPERATES COLLECTIVE ACTION, DONOR- ADVISED AND OTHER GRANT MAKING FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES THAT SUPPORT THE FOUNDATION'S MISSION. GRANTS ARE MADE TO ELIGIBLE DOMESTIC AND QUALIFIED FOREIGN CHARITABLE ORGANIZATIONS FOR THESE PHILANTHROPIC PURPOSES. TIDES FOUNDATION ALSO PROVIDES PHILANTHROPIC SUPPORT AND CREATES OPPORTUNITIES FOR LEARNING, INCREASES CAPACITY FOR MISSION-ALIGNED ACTIVITIES, AND BUILDS COMMUNITY AMONG DONORS AND GRANTEES.
TIDES FOUNDATION ALSO PROVIDES ADMINISTRATIVE AND SUPPORT SERVICES TO OTHER NONPROFIT ORGANIZATIONS. TIDES FOUNDATION WORKS WITH THESE ORGANIZATIONS TO INCREASE THEIR ABILITY TO PROVIDE FINANCIAL AND PROGRAMMATIC SUPPORT IN AREAS CONSISTENT WITH TIDES FOUNDATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roslyn Dawson Thompson Director, Chair (from 11/2023) | OfficerTrustee | 2 | $0 |
Sid Espinosa Director, Chair (thru 11/2023) | OfficerTrustee | 2 | $0 |
Angela Chadwick Director (from 11/2023) | Trustee | 2 | $0 |
Brickson Diamond Director | Trustee | 2 | $0 |
Elizer Darris Director (from 11/2023) | Trustee | 2 | $0 |
Jacob Weldon Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Define American Inc Project Management Services | 12/30/23 | $600,000 |
Civitas Public Affairs Group Manage Philanthropy Services | 12/30/23 | $242,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,641,144 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $324,233,718 |
| Noncash contributions included in lines 1a–1f | $74,888,774 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,874,862 |
| Total Program Service Revenue | $1,862,413 |
| Investment income | $16,901,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,489,288 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,128,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $559,453,107 |
| Grants and other assistance to domestic individuals. | $110,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $130,734,074 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,009 |
| Fees for services: Accounting | $10,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $613,597 |
| Fees for services: Other | $1,924,717 |
| Advertising and promotion | $497 |
| Office expenses | $1,731 |
| Information technology | $1,995 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $38,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $341,939 |
| All other expenses | $91,839 |
| Total functional expenses | $711,555,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,970,078 |
| Savings and temporary cash investments | $3,480,587 |
| Pledges and grants receivable | $18,567,902 |
| Accounts receivable, net | $2,427,704 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $26,817,971 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $600,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $509,129,488 |
| Investments—other securities | $25,842,302 |
| Investments—program-related | $17,260,655 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $646,096,687 |
| Accounts payable and accrued expenses | $1,669,271 |
| Grants payable | $62,350,294 |
| Deferred revenue | $1,501,524 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,049,711 |
| Total liabilities | $68,570,800 |
| Net assets without donor restrictions | $577,525,887 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $646,096,687 |
Grants Awarded
Over the last fiscal year, Tides Foundation has awarded $466,557,721 in support to 2,302 organizations.
| Grant Recipient | Amount |
|---|---|
1 VOTE COUNTS PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $15,000 |
10000 DEGREES PURPOSE: QUALITY EDUCATION | $10,000 |
1HOOD MEDIA ACADEMY PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $42,940 |
1K WOMEN STRONG INC (C4) PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $100,000 |
212 CATALYSTS PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $20,000 |
350 ORG PURPOSE: SUSTAINABLE ENVIRONMENT | $131,295 |