The Tides Foundation
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THE TIDES FOUNDATION — Liberal Crossroads of Money and Ideas
By Tom & Gretchen Randall 12/1/2003
Published by the Capital Research Center. (9 pages)
Excerpt: "MONEY. Money is to the Tides Foundation and Center what water is to the tide. You can’t be sure from what source any part comes. You can’t be sure where any part goes. But it can knock you off your feet and pull you down. And there is an ocean of it.
"The Tides Foundation and its offspring, the Tides Center, effectively “launder” donor dollars when they give to other nonprofits. The San Francisco-based Foundation receives donations from individuals and foundations and then channels them to activist groups. The result is that the original donor can’t be linked to the ultimate recipient. According to the most recent available IRS form 990, the Tides Foundation received $86.1 million in grants, gifts and other contributions in 2001. It gave away over $76 million. Since it was established in 1976, the Foundation has given away over $300 million in grants. (Total 2001 income was $93.2 million; the Foundation had assets of more than $156 million.)"
To read the entire piece, click on this link. Tides_Foundation.pdf (147 KB)
Note: Kendeda Sustainability Fund of the Tides Foundation is one of many foundations funding Grist, a liberal on-line magazine, according to its own website. Grist recently called for "war crime trials" for those who don't agree that humans are causing catastrophic climate change.