NFP500

#451 of 500 · Foundation / Grantmaker / DAF

Tides Foundation

EIN 51-0198509 · CA · NTEE T300 · Form 990, fiscal 2023

Operates as a philanthropic intermediary, offering donor-advised funds, fiscal sponsorship, and grantmaking services that channel resources to social-change organizations and movement leaders in the United States and abroad. Tides partners with donors and community groups on issues of social justice, equity, and civil society, and is one of the larger sponsors and grantmakers within the U.S. progressive philanthropic sector.

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Financials, fiscal 2023

Revenue
$350.1M
Expenses
$711.6M
Total assets
$646.1M
Net assets
$577.5M
Operating margin
-103.2%
1-year growth
-39.7%
5-year growth (CAGR)
-9.0%
Reserve (years of spending)
9.7
Contributions share
94.2%
Programme spending
0.5%
Fundraising cost
0.0%
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
$559.5M
Years filing
46

NFP Health Score: 61 / 100

Financial 40 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To shift resources and power to communities historically denied both, so they can create a just and equitable future.

Revenue history

YearRevenue
2019$511.1M
2020$1.07B
2021$863.5M
2022$580.7M
2023$350.1M