LOOK BEYOND THE LOGO! AND IF A NONPROFIT IS NAMED in the NEWS, OR EVEN HINTED AT IN THE NEWS, LOOK IT UP! » Screen Shot 2018-08-30 at 12.04.31 PM
Tides Foundation, EIN# 51-0198509 FY2014 Sched D Donor advised (column a) + Funds & other accounts (column b). Self-explanatory: 252 DAFs, contributions to $104.5M, Grants from $105.8M left aggregated end of year (ln.4) value of $131.7M .. as opposed to the 99 column (b) “Funds and other accounts” which received $40M, distributed about half that and had just over half remaining at the end of the year. (Unfortunately the IRS Sched. D doesn’t ask beginning balance/value). While no question Tides Foundation makes plenty of grants, its $84.3M ( million!) increase in total assets over just two years and the amount shows that it’s primarily about investments. Balance Sheet (Part X) as I recall shows most of it in public traded securities which do not have to be identified (as they would for a private, Form 990PF-filing entity). In FY2016 as previous image shows, those total (gross) assets just passed the quarter-billion-dollar ($250M) mark.
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