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← TIDES FOUNDATION

Form 990 for tax year 2022

Filed by TIDES FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 20 October 2023. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$580,695,428
Total expenses
$685,523,642
Contributions and grants received
$573,714,006
Grants paid
$666,795,331
Program service revenue
$1,975,737
Investment income
$5,005,685
Other revenue
$0
Total assets, end of year
$978,547,541
Total liabilities, end of year
$84,337,478
Net assets or fund balances, end of year
$894,210,063
Program services expenses (Part IX)
$669,696,974
Management and general expenses
$14,006,601
Fundraising expenses
$1,820,067
Program service expenses (Part III)
$669,696,974

Program services were 97.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $7,312,405

  • 1f · All other contributions, gifts and grants

    $566,401,601

  • 1g · Noncash contributions included above

    $16,915,760

  • 2a · Program service revenue: CONTRACT REVENUE

    total $978,347 · related or exempt $978,347

  • 2b · Program service revenue: INVOICED ADMIN FEE

    total $433,336 · related or exempt $433,336

  • 2c · Program service revenue: PROGRAM RELATED INVEST

    total $308,784 · related or exempt $308,784

  • 2f · All other program service revenue

    total $255,270 · related or exempt $255,270

  • 3 · Investment income

    total $15,627,131 · unrelated business $23,516 · excluded $15,603,615

  • 7a · Gross sales of assets other than inventory

    securities $292,573,718

  • 7b · Less cost or other basis and sales expenses

    securities $303,195,164

  • 7c · Gain or loss

    securities -$10,621,446

  • 7d · Net gain or loss

    total -$10,621,446 · excluded -$10,621,446

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $513,694,920 · program services $513,694,920

  • 2 · Grants to domestic individuals

    total $257,500 · program services $257,500

  • 3 · Grants to foreign organizations and individuals

    total $152,842,911 · program services $152,842,911

  • 11b · Fees: legal

    total $5,786 · program services $5,786

  • 11c · Fees: accounting

    total $2,479 · program services $2,479

  • 11f · Fees: investment management

    total $896,183 · program services $896,183

  • 11g · Fees: other

    total $1,593,149 · program services $1,593,149

  • 12 · Advertising and promotion

    total $617 · program services $617

  • 13 · Office expenses

    total $914 · program services $914

  • 14 · Information technology

    total $6,015 · program services $6,015

  • 16 · Occupancy

    total $274 · program services $274

  • 17 · Travel

    total $5,914 · program services $5,914

  • 24a · Other expenses: ADMIN IT HR

    total $15,826,668 · management and general $14,006,601 · fundraising $1,820,067

  • 24b · Other expenses: BANKING FEES

    total $119,199 · program services $119,199

  • 24c · Other expenses: UBIT TAX

    total $34,982 · program services $34,982

  • 24d · Other expenses: LICENSES

    total $4,595 · program services $4,595

  • 24e · All other expenses

    total $231,536 · program services $231,536

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $307,588,844 · end of year $23,627,622

  • 2 · Savings and temporary cash investments

    beginning of year $52,419,409 · end of year $27,741,520

  • 3 · Pledges and grants receivable

    beginning of year $24,467,253 · end of year $200,706,060

  • 4 · Accounts receivable

    beginning of year $2,869,778 · end of year $3,285,206

  • 7 · Other notes and loans receivable

    beginning of year $13,396,171 · end of year $20,071,956

  • 11 · Investments: publicly traded securities

    beginning of year $723,206,424 · end of year $643,178,326

  • 12 · Investments: other securities

    beginning of year $98,395,552 · end of year $44,823,127

  • 13 · Investments: program-related

    beginning of year $9,867,020 · end of year $15,113,724

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,183,444 · end of year $1,698,449

  • 18 · Grants payable

    beginning of year $72,640,808 · end of year $77,586,668

  • 19 · Deferred revenue

    beginning of year $38,933 · end of year $167,841

  • 25 · Other liabilities

    beginning of year $10,391,793 · end of year $4,884,520

  • 27 · Net assets without donor restrictions

    beginning of year $1,033,826,070 · end of year $791,655,023

  • 28 · Net assets with donor restrictions

    beginning of year $112,129,403 · end of year $102,555,040

Mission and programs · 2022

Mission

TIDES ACCELERATES THE PACE OF SOCIAL CHANGE, WORKING WITH INNOVATIVE PARTNERS TO SOLVE SOCIETY'S TOUGHEST PROBLEMS.

Activities or mission (Part I)

GRANTMAKING THROUGH FUNDS TO ACCELERATE THE PACE OF SOCIAL CHANGE.

  • 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 TO CREATE OPPORTUNITIES FOR LEARNING, INCREASE CAPACITY FOR MISSION-ALIGNED ACTIVITIES, AND BUILD COMMUNITY AMONG DONORS AND GRANTEES. OUR PRIMARY AREAS OF FOCUS ARE EQUITY, HUMAN RIGHTS AND ECONOMIC EMPOWERMENT; A SUSTAINABLE ENVIRONMENT; HEALTHY INDIVIDUALS AND COMMUNITIES; AND QUALITY EDUCATION.

    Expenses $669,685,553 · Grants $666,795,331 · Revenue $1,958,974

  • TIDES FOUNDATION ALSO PROVIDES ADMINISTRATIVE AND SUPPORT SERVICES TO OTHER NONPROFIT ORGANIZATIONS INCLUDING SUPPORTING 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.

    Expenses $11,421 · Revenue $16,763

As filed on the 2022 return.

Listed in Part VII

  • JANIECE EVANS-PAGE

    CEO

    Total calculated
    $764,803
    From this org
    $0
    From related orgs
    $745,962
    Other
    $18,841
    Hours/week
    36 + 19 related

    Schedule J breakdown matched by us

    Base
    $0 + $553,772 related
    Bonus
    $0 + $190,900 related
    Other
    $0 + $1,290 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,841 related
    Filer's total
    $0 + $764,803 related

  • HOLDEN LEE

    TREASURER/CFO

    Total calculated
    $487,768
    From this org
    $0
    From related orgs
    $454,564
    Other
    $33,204
    Hours/week
    15 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,553 related
    Bonus
    $0 + $27,667 related
    Other
    $0 + $1,344 related
    Deferred
    $0 + $15,321 related
    Nontaxable benefits
    $0 + $17,883 related
    Filer's total
    $0 + $487,768 related

  • SUNEELA JAIN

    SECRETARY/CHIEF LEGAL&ETHICS OFFICER

    Total calculated
    $391,699
    From this org
    $0
    From related orgs
    $353,956
    Other
    $37,743
    Hours/week
    4 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $296,875 related
    Bonus
    $0 + $56,775 related
    Other
    $0 + $306 related
    Deferred
    $0 + $13,031 related
    Nontaxable benefits
    $0 + $24,712 related
    Filer's total
    $0 + $391,699 related

  • JENNIFER MARIE LANDIG

    ASSISTANT SECRETARY THRU 4/2022

    Total calculated
    $133,200
    From this org
    $0
    From related orgs
    $124,570
    Other
    $8,630
    Hours/week
    1 + 39 related

  • SID ESPINOSA

    DIRECTOR, CHAIR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • BRICKSON DIAMOND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JACOB WELDON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JESSICA CARVALHO MORRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • JOHN OXTOBY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • LINDA VERHULP

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • ROSLYN DAWSON THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • TRISTA HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION'S CEO IS COMPENSATED BY TIDES NETWORK, A RELATED ORGANIZATION AND THE CEO'S LEGAL EMPLOYER. THROUGH A COST SHARING ARRANGEMENT, TIDES FOUNDATION PAYS TIDES NETWORK AN ALLOCATED PORTION OF THE CEO'S TOTAL COMPENSATION. TIDES NETWORK UTILIZES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE CEO: INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND REVIEW AND APPROVAL BY THE EXECUTIVE COMPENSATION SUBCOMMITTEE AND THE BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • TIDES NETWORK

    501(C)(3) · CHARITABLE GOVERNANCE AND OPERATIONS · CA

  • TIDES CENTER

    501(C)(3) · PROJECT DEVELOPMENT & MANAGEMENT · CA · controlled entity

    Directly controlled by TIDES NETWORK

  • TIDES INC

    501(C)(3) · DEVELOP/OPERATE FACILITIES MGMT AND MULTI-TENANT NON PROFIT CENTERS · CA · controlled entity

    Directly controlled by TIDES NETWORK

  • TIDES TWO RIVERS FUND

    501(C)(3) · DEVELOP/OPERATE FACILITIES MGMT AND MULTI-TENANT NON PROFIT CENTERS · CA · controlled entity

    Directly controlled by TIDES NETWORK

  • ROUHANA FAMILY FOUNDATION

    501(C)(3) · SUPPORT OF TIDES FOUNDATION · NY

  • HARDING ROCK FUND

    501(C)(3) · HOLD INVESTMENTS ON BEHALF OF TIDES FOUNDATION · CA · controlled entity

    Directly controlled by TIDES FOUNDATION

  • BEAUCHAMP CHARITIES

    501(C)(3) · GRANTMAKING AND SUPPORT OF TIDES FOUNDATION · CA · controlled entity

    Directly controlled by TIDES FOUNDATION

  • BENEFICIAL STATE FOUNDATION

    501(C)(3) · SUPPORT OF TIDES FOUNDATION AND BRIDGE HOUSING CORPORATION · DE

  • UNDERDOG FOUNDATION

    501(C)(3) · GRANTMAKING AND SUPPORT OF TIDES FOUNDATION · VT

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • EBDE LLC

    OTHER INVESTING ACTIVITIES · DE · income $172,429 · assets $16,298,811

    Directly controlled by TIDES FOUNDATION

  • TIDES REAL ESTATE HOLDINGS LLC

    REAL ESTATE HOLDING COMPANY · DE · income $0 · assets $51,688

    Directly controlled by TIDES FOUNDATION

Provenance

Return type
form_990
Tax year
2022
Filed
14 February 2024
IRS schema version
2022v5.0
Source object
202400469349300305

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