Pike, D tides
SEE TIDES FDN ANTIFA WH BS 10 25
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https://webbrain.com/brainpage/brain/6950F840-FB80-FCB0-D505-8AB1FA685F08#-1872
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GAI’s Seamus Bruner Reveals Left-Wing Funders Such as Roy Singham Behind Antifa Riots
PIX PEACE SIGN Elizabeth Weibel9 Oct 2025
Seamus Bruner, the Director of Research at the Government Accountability Institute (GAI) revealed that left-wing funders such as billionaire Neville Roy Singham were behind left-wing Antifa riots and protests.
During a roundtable event on Antifa with President Donald Trump, Bruner explained that he, GAI President Peter Schweizer, and their team “followed” a trail of money and “followed it to the top of what” they called the Protest Industrial Complex, or Riot Inc. Bruner explained that the so-called “Riot Inc.” was made up of many different divisions, and that “dozens of radical organizations” have received millions of dollars from Riot Inc.
“We found a network of NGOs, it’s not just the Soros network, the Open Society Network. It’s other funding networks, the Arabella Funding Network, the Tides Funding Network, Neville Roy Singham and his network, foreign cash,” Bruner explained. “And, it’s also big left-wing funders — some of them are not citizens of this country.”
Bruner continued to note that these left-wing funders were “pouring money into this entire ecosystem.”
Bruner continued to share “three money facts” about Riot Inc., explaining that there were “many divisions” such as “PR divisions, marketing divisions” and even a “well-funded legal division.”
“Number two, we have identified dozens of radical organizations, not just the decentralized Antifa organizations, but dozens of radical organizations that have received more than one hundred million dollars from the Riot Inc. investors,” Bruner added. “These would be the lawyer groups, these would be the groups that advocate for calling good, honest Americans fascists.”
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“And then, three, I think the most shocking thing is that we have found that more than one hundred million dollars in U.S. taxpayer funding has flowed into these funding networks, including at least four million dollars to these very groups themselves,” Bruner added.
Bruner’s mention of Singham comes after an investigation by the Breitbart News Foundation reported that while “records from the United Kingdom confirm” that Singham resigned from Thoughtworks, Inc., which he founded in 1993, “Chinese government records suggest otherwise.”
After founding Thoughtworks, Inc. in 1993 and building the company into a software consulting powerhouse, Singham helped orchestrate its sale in October 2017, for approximately $785 million to a group of funds managed by London-based private equity firm Apax Partners. Corporate records from the United Kingdom confirm Singham’s resignation from Thoughtworks the same month, and his own LinkedIn profile says he has been retired since 2017. Thoughtworks’ English-language website relegates him to its “alumni” section, reinforcing the image of a clean break.
But Chinese government records suggest otherwise. These records list Singham as a corporate officer of Thoughtworks’ Chinese subsidiary, Thoughtworks Beijing, as recently as June 17, 2025, and for at least as far back as 2022. These records are from the National Enterprise Credit Reporting System (NECIPS), China’s corporate registry. Other documents, including trade show profile and “help-wanted” ads, listed Singham as Thoughtworks Beijing’s official contact in 2021.
The New York Post reported in June that Singham was set to be called to testify before a congressional committee regarding him funding “radical anti-Israel and Marxist groups” behind the Los Angeles riots.
In an article written by Bruner in June, Bruner detailed how the GAI had uncovered how the “official partners” behind the “No Kings” protests “bagged $114.8 million since 2019 from the Arabella Avisors dark money network an how professional protest organizations use tax dollars as a force multiplier.”
Bruner reported:
The expected worldwide mobilization of protests against President Donald Trump this weekend will hardly be a spontaneous eruption. On the contrary, the tumult is a carefully plotted production organized by The Indivisible Project and financed by the progress dark money network managed/advised by Arabella Advisors, which has perfected the mounting of made-to-order protests. Since 2019, the Arabella network has dumped more than $100 million into the coffers of the official “No Kings” protest partners—including the creator of the official protest song book.
This “grassroots” “nationwide days of defiance” targets Trump and his “billionaire allies,” according to organizers. The Arabella network’s biggest benefactors are the left’s own billionaire heroes, including George Soros, Bill Gates, Hansjorg Wyss, Mark Zuckerberg, and Reid Hoffman.
During the roundtable event, Bruner vowed to “keep following the money,” and expressed that he appreciated “everything” Trump was doing.
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Social Sciences Distinguished Alumni Award Ceremony
Friday, April 29, 2016 at 4:00pmLocation:
Alumni are invited to celebrate the achievements of philanthropist and progressivepolitical activist Drummond Pike, winner of the 2016 Social Sciences Distinguished Alumni Award.
Since graduating from Stevenson College in 1970 with a degree in politics, Pike has founded a number of organizations that promote and fund progressive causes. He started the Tides Foundation in 1976, the first fully staffed donor-advised fund in the U.S. and served as its president until his retirement in 2010. Since its inception, the Tides Foundation has administered more than $1 billion in grants to progressive organizations and causes.
He co-founded Working Assets, now called Credo, a telecommunications company based in San Francisco that supports social justice. He also founded Highwater, Inc., a real estate development venture designed to provide quality nonprofit workspace in metropolitan areas, and in 1996 started the Tides Center, which provides grants and administrative services to charitable initiatives that have yet to incorporate with non-profit status.
Since 2011, he has been a principal with Equilibrium Capital Group, a private equity investing firm based in Portland, Oregon.
This Award is presented annually to a graduate whose career is characterized by sustained and exemplary contributions to society through research, practice, education, policy, or service. The award winners bring enduring honor to their alma mater as practitioners and as citizens.
For more information contact Joni White, Event Coordinator, Social Sciences Division, joni@ucsc.edu
http://en.wikipedia.org/wiki/Drummond_Pike
Drummond Pike (born October 11, 1948) is an American philanthropist, activist and social entrepreneur. He founded Tides Foundation in 1976[1] and served as CEO of Tides[2] for 34 years. Pike helped pioneer the advent of donor advised funds in philanthropy.[citation needed]
Pike was born in San Rafael, California, the third of four brothers, to Peter Pike, an investment banker, and Catherine Cline Pike, Marin County’s first ever female pediatrician.[citation needed]
Pike studied Political Science at the University of California, Santa Cruz, and became involved in the anti-war movement of the late 1960s. He was selected as campus representative to the Board of Regents during his senior year in 1969, and graduated with a BA in 1970. Pike continued his education at the Eagleton Institute of Politics at Rutgers University [3] where he obtained a Master’s Degree in Political Science.
Work and Activism
A summary of Pike’s lifelong career as an activist entrepreneur.
- 1975: Co-founds the Youth Project in Washington DC, and serves as Associate Director.
- 1976: Hired to lead the Shalan Foundation, housed in San Francisco.
- 1976: Founds Tides Foundation, and pioneers the use of donor advised funds to support public interest organizations in the United States and abroad.
- 1983: Co-founds Working Assets, a San Francisco-based telecommunications company dedicated to progressive philanthropy and political activism.
- 1992: Founds Highwater, Inc, a real estate development venture designed to facilitate the provision of quality nonprofit workspace in metropolitan areas.
- 1994: Proposes the Thoreau Center for Sustainability to The Presidio Trust.
- 1995: Spearheads the Thoreau Center for Sustainability by rehabilitating the empty and dilapidated Letterman Hospital buildings according to a “green” architectural plan, using sustainably-harvested wood, recycled building materials, non-toxic paints and energy-efficient designs that maximize sunlight and natural ventilation.
- 1996: Establishes Tides Center as a model for nonprofit fiscal sponsorship, a tactic intended to reduce duplication of administrative infrastructure in the nonprofit sector. Tides Center provides grants management, administrative, financial and human resources services to charitable initiatives not yet incorporated as 501(c)(3)s.[4]
- 1999: Founds Groundspring.org (originally eGrants, which was later acquired by Network for Good). Network for Good is a nonprofit technology service provider founded by AOL, Yahoo! and Cisco to improve the efficacy of the nonprofit sector by providing Internet solutions that facilitate and enhance fundraising, communication, and engagement between nonprofit organizations and their stakeholders.[5]
- 2002: Appointed to Founding Board Chair for Tides Canada Foundation, a parallel organization of the Tides Foundation.
- 2006: Oversees Tides Shared Spaces’ opening of Center for Sustainability New York, a shared community and conference space for nonprofits in Lower Manhattan.
Awards
- 2004: National Philanthropy Day’s Outstanding Foundation Professional Award.[6]
- 2006: Mark Dubois Award from Friends of the River.[7]
Directorships
- Tides Advocacy Fund
- Tides Canada
- Endswell Foundation
- Environmental Working Group
- Island Press
- Working Assets
- **Democracy Alliance**
- Sage Centre
- Threshold Foundation
- Charity Projects Entertainment Fund
- Social Venture Network
- Sierra Fund
- America's Charities
References
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ http://www.tides.org/about-us/history
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ http://www.tides.org/about-us/executive-team
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ http://www.eagleton.rutgers.edu/Alumni/EagletonClassList.html
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ Internal Revenue Service 990 Forms for Tides Center
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ Esther Dyson’s Monthly Report, Release 1.0 http://inside.tides.org/uploads/Release1.0article.pdf
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ “The Heroes Among Us,” San Francisco Examiner, Nov. 15, 2004.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ http://www.friendsoftheriver.org/site/DocServer/HeadwatersSummer2006.pdf?docID=241
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Stevenson College • 1970, B.A. politics
Current Position: Founder and former CEO, Tides
Drummond Pike founded Tides in 1976 and served as Tides CEO until he stepped down recently (fall 2010) to pursue other projects.
Tides—which oversees the Tides Foundation, the Tides Center, and Tides Shared Spaces—has helped increase the capacity and effectiveness of thousands of social change organizations. Tides provides fiscal sponsorship for more than 200 nonprofit projects across the country, launches and operates green nonprofit centers, and has managed philanthropy for hundreds of donor advised funds, funder collaboratives, and regranting programs. Over the past decade, Tides has administered well over $1 billion in grants and programmatic activity, and is often among the top 100 largest charities in the U.S.
Pike helped pioneer fully staffed donor-advised funds in philanthropy and has supported grassroots and public interest organizations through environmental and social change philanthropy throughout his career. Pike also founded The Advocacy Fund as a platform to support legislative advocacy initiatives on climate change, immigration reform, social security, and other issues. Prior to founding Tides, Pike served as executive director of the Shalan Foundation. He also co-founded and served as associate director for the Youth Project in Washington, D.C., and was among the founders of Working Assets (now Credo Mobile).
UCSC provided excellent preparation for an innovator, says Pike. "It gave me and others an opportunity to create things from scratch—an underground newsletter, The Stevenson Libre, the Inter-College Board, and the office of Campus Representative, none of which existed before we arrived in the fall of 1966. I've been creating and building organizations ever since." He adds, "UCSC also challenged me to think critically and to express myself in both spoken and written forms—skills that have served me invaluably over the years."
==
Tides is a nonprofit organization located in San Francisco's Presidio and in New York City. Tides works with individuals and institutions in the areas of grantmaking, fiscal sponsorship, nonprofit management, nonprofit real estate services, consulting, international grants, philanthropic investing, advocacy, and administrative services. The organization is composed of three components: Tides Center, Tides Foundation, and Tides Shared Spaces.
Contents
History
The roots of Tides Center are in Tides Foundation, founded by Drummond Pike in 1976. In 1977, the Tides Foundation began working with initiative campaigns, an arrangement that was formalized into the Projects Program in 1979. In 1996, this program became Tides Center, an independent 501(c)(3) nonprofit organization.[citation needed]
Funding
Organizations that began as projects of Tides Center include:[1]
- **Campaign to Defend the Constitution**
- Higher Education Recruitment Consortium
- **People for the American Way**
- Pew Internet and American Life Project
- **Rockridge Institute**
- **Social Venture Network**
- Urgent Action Fund
- V-Day
Current projects of Tides Center include:[2]
- **Apollo Alliance**
- Center for Genetics and Society
- Children’s Partnership
- The Condom Project
- Eldercare Workforce Alliance
- Honor the Earth
- The National Center for Earth and Space Science Education, which sponsors the Student Spaceflight Experiments Program
- The List Project[3]
- The Opportunity Agenda
- StopGlobalWarming.org
- Traction
In 2011, Tides received about $90 million in funding, and awarded about $96 million to various individuals and organizations.[4]
Tides has received at least $3.5 million from financier and political activist George Soros.[5]
From 2003 to 2012, Tides gave around $4.4 million to media advocacy organization Media Matters for America.[6]
Positions
In October 2011, Former Tides CEO Melissa L. Bradley stated in a blog post that Tides supports the Occupy Wall Street movement. She wrote that the movement "represents the best of American ideals and ingenuity."[7]
Tides Canada
Tides Canada is a Canadian charitable organization established in 2000 by a founding board that included Drummond Pike, also founder of Tides US. While Tides Canada’s name was inspired by Tides US, it is an independent entity with separate management and distinct organizational structure. With headquarters in Vancouver and offices in Toronto and Yellowknife, Tides Canada is made up of two separate legal entities. Tides Canada Foundation [8] is a national public foundation that focuses on social justice and the environment and Tides Canada Initiatives Society [9] is a shared administrative platform for 40 in-house social change projects with field staff across the country.
See also
References
- Anheier, Helmut K.; Diana Leat (2006). Creative Philanthropy: Toward a New Philanthropy for the Twenty-First Century. Routledge. ISBN 0-415-37090-6.
- Callahan, David (2010). Fortunes of Change: The Rise of the Liberal Rich and the Remaking of America. Wiley. ISBN 978-0-470-17711-2.
- Faber, Daniel R.; McCarthy, Deborah, ed. (2005). Foundations for Social Change: Critical Perspectives on Philanthropy And Popular Movements. Lanham, MD: Rowman & Littlefield. ISBN 0-7425-1988-7
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ About - Tides. Tidescenter.org (2011-02-03). Retrieved on 2013-09-21.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ Project Directory - Tides. Tidescenter.org (2011-01-03). Retrieved on 2013-09-21.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ http://www.tides.org/nc/community/project-directory/show/project/single/title/the-list-project-to-resettle-iraqi-allies/
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ "Tides > Grantees". Tides.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ "Is George Soros behind Occupy Wall Street?". Russia Today. October 14, 2011.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ Martosko, David (February 17, 2012). "Left-wing foundations lavish millions on Media Matters". The Daily Caller.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ Bradley, Melissa L. (October 12, 2011). "Why We Support the #OccupyWallStreet Movement". Tides.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ "Canada Revenue Agency website, Tides Canada Foundation". Canada Revenue Agency.
- :{Jump up:(style="top:-99999px;clip:rect(1px, 1px, 1px, 1px);overflow:hidden;user-select:none;position:absolute !important;padding:0px !important;border:0px !important;height:1px !important;width:1px !important"):}:^ "Canada Revenue Agency website, Tides Canada Initiatives Society". Canada Revenue Agency.
External links
==
The Apollo Alliance is a project organized by the Institute for America's Future and the Center on Wisconsin Strategy. The Alliance is a project of the Tides Center.[1][2]
Its goals include establishing energy independence for the United States of America, as well as developing cleaner and more efficient energy alternatives. Its allies are drawn from businesses, environmental organizations, and over 30 labor unions.
The Alliance's current Chair is former California State Treasurer Phil Angelides, who is currently the Chair of the Financial Crisis Inquiry Commission.
Harry Reid, Senate Majority Leader (2007-present) from Nevada, credited the Apollo Alliance with helping to create the American Recovery and Reinvestment Act of 2009(also known as the stimulus bill): “This legislation is the first step in building a clean energy economy that creates jobs and moves us closer to solving our enormous energy and environmental challenges,” he said. “We’ve talked about moving forward on these ideas for decades. The Apollo Alliance has been an important factor in helping us develop and execute a strategy that makes great progress on these goals and in motivating the public to support them.”[3][4]
Organization
Founders
The founding board members of the Apollo Alliance are:
- United States Senator Maria Cantwell (D-WA)
- Leo Gerard, International President of the United Steelworkers
- United States Congressman Jesse Jackson, Jr. (D-IL)
- Carl Pope, Executive Director of the Sierra Club
Chairman
The Alliance's current Chair is former California State Treasurer Phil Angelides, who is currently the Chair of the Financial Crisis Inquiry Commission.
National Steering Committee
- Ruben Aronin, Global Green USA
- Andrew Beebe, Energy Innovations
- Robert L. Borosage, Institute for America's Future
- Dan Carol, CTSG, Young Apollo
- Maggie Fox, Sierra Club
- Bracken Hendricks, Apollo Alliance
- Van Jones, Ella Baker Center for Human Rights
- Mindy Lubber, Ceres
- Mark Ritchie, Institute for Agriculture and Trade Policy
- Joel Rogers, Center on Wisconsin Strategy (COWS)
- Marco Trbovich, United Steelworkers of America (USWA)
Goals
The stated goals of the Apollo Alliance are:
- Promote advanced technology and hybrid electric cars.
- Invest in more efficient factories.
- Encourage high performance building.
- Increase use of energy efficient appliances.
- Modernize electrical infrastructure (smart grid).
- Expand renewable energy development.
- Improve transportation options.
- Reinvest in smart urban growth.
- Plan for a hydrogen future.
- Preserve regulatory protections.
See also
==
A progressive with a long career in charitable and social enterprise, Pike helped pioneer broad use of donor-advised funds in philanthropy. He is an active investor is sustainability-focused early stage companies.
- Early in his career, Pike served as Associate Director of the Washington D.C. based Youth followed by six years as Executive Director of the Shalan Foundation in San Francisco.
- Founder, 1976, the Tides Foundation, the first stand-alone donor-advised fund in the United States.
- In 1994, founded the Advocacy Fund, a key sponsor of advocacy initiatives focused on immigration, climate change, and the eldercare workforce.
- In 1996, Pike established the Tides Center, an incubator that emerged as a key provider of infrastructure to the nonprofit community.
- In 1999, founded Groundspring.com, originally called eGrants, an on-line giving platform that merged with Network for Good in 2006.
- Also founded, in 2003, Tides Inc.; in 2004, Tides Shared Spaces; and in 2006, the Tides Network where he served as CEO of all until November 2010. By 2010, Tides was often ranked among the top 100 charitable enterprises in the US.
- March 2011-2014, was a Principal with Equilibrium Capital, an investment firm focused on sustainability-driven real assets.
- Board of Directors of Working Assets (Credo Mobile), a telecommunications company.
- Non-Profit Boards: Environmental Working Group, the Institute for New Economic Thinking, JK Irwin Foundation, Livingre Foundation, and the Robert Rauschenberg Foundation. Member of the Investment Committee for the Jerome L. Greene Foundation in NY.
- Board Member: GrowStone LLC.
- B.A. Political Science at the University of California, Santa Cruz, 1970; Master’s Degree, Political Science at the Eagleton Institute of Politics at Rutgers University
3/18 BS
https://capitalresearch.org/article/tides-legal-laundering-who-is-drummond-pike-one/
Tides’ Legal Laundering (Full Series)
Who is Drummond Pike? | Funding the Far Left
:{
An Incubator for the Left | Sunshine on the Apollo Alliance | Meet the ‘Tidesters’
}:
Editor’s Note: As of April 4, CRC’s March 29 response to Steve Dubb’s article on *Nonprofit Quarterly* critiquing this series is still pending approval by NPQ. As such, we wanted to share the additional information with our readers:
Thanks for taking the time to read and respond to my article on the Tides Foundation. I appreciate your confirming that the Apollo Alliance did, in fact, merge with BlueGreen Alliance in 2011; I’ve corrected the piece to reflect that point.
By the way, I noticed a careless oversight in your article: While ACORN officially declared bankruptcy in 2010, many of the network’s parts just reconstituted themselves under new names while continuing ACORN’s work – something the Capital Research Center has documented since 2011 (see link here). As then-ACORN leader Bertha Lewis put it, “I think the Right is going be sorry. What doesn’t kill you makes you stronger and they didn’t really kill us. They just made us stronger.”
Hope to see more of your commentary on CRC’s work in the future.
Hayden Ludwig
Capital Research Center
Summary: The Tides Foundation is the philanthropic Left’s best-kept secret. From Greenpeace to the anti-Israel J Street, there’s hardly a left-wing group that hasn’t taken Tides money. Using a sophisticated funding model, Tides has grown into the leading platform for laundering away ties between wealthy donors and the radical causes they fund—while generating hundreds of new organizations along the way.
[vid]
“When is a foundation not a foundation?” notes the conservative website Activist Facts. “When it gives away other foundations’ money.”
If you haven’t heard of the Tides Foundation, you’ve almost certainly experienced their handiwork. For nearly half a century, Tides and its web of subsidiaries have funded hundreds of organizations on the professional Left with tens of thousands of grants. Collectively, Tides forms one of the largest “pass-through” organizations in the United States—operating a legion of specialized funds designed to maximize the flow of donations to far-left nonprofits while minimizing donors’ public exposure to the fruits of their largesse.
This vast shroud has earned Tides a reputation as a “dark money” heavyweight (dark money being defined as donations that cannot be traced back to the original donor) and rightly so. Since the mid-1970s, Tides has brokered billions of dollars between left-wing philanthropists and groups that fund the “social justice” agenda. Over the years, Tides has weaponized its 501(c)(3) IRS tax-exempt status to “incubate” hundreds of organizations, many of which underpin the Left’s political infrastructure today.
Tides is a well-funded machine with numerous interlocking parts; but this enormous consortium has its humble origins in the anti-war movement of the 1970s.
Enter Drummond Pike
Drummond Pike is the son of a San Francisco Bay Area investment banker, a lifelong political activist, and the architect of the Tides Foundation. Pike entered the political scene in the late 1960s as an anti-Vietnam War protester at the University of California, Santa Cruz.
In 1970, Pike was made associate director of the Youth Project, then a newly formed group in Washington, D.C. that acted as a channel for wealthy donors to support left-wing activism. According to the right-of-center website Discover the Networks, the Youth Project’s founders were closely associated with the Center for Community Change, another activist funder founded in 1968 by Jack T. Conway, a veteran labor union activist and anti-war protester who previously headed the grantmaking arm of President Lyndon B. Johnson’s War on Poverty. (The influential Conway later served as president of Common Cause, a pro-Democrat nonprofit, and then as executive director of the mega-union American Federation of State, County and Municipal Employees, or AFSCME.)
As a political activist, Drummond Pike has played a key role in founding many organizations that support left-wing causes. In 1980, Pike helped found the National Network of Grantmakers (NNG), a network that united some 400 progressive donors and staff to funnel grants towards political activist groups. NNG envisioned the United States as a fundamentally racist country, and sought to establish “systemic change… in order to create an equitable distribution of wealth and power,” according to its mission statement. Throughout its existence, NNG maintained close ties to the Tides Foundation, and had a Tides representative on its board. NNG appears to have shuttered around 2009 as its documentation ends around that time, though its ultimate ate remains obscure. This writer believes the organization was likely rolled into the newer National Network of Consulting Grantmakers, which calls itself “a Tides Center project” founded in 2006.
In 1985, Pike and a handful of wealthy liberal philanthropists founded Working Assets (rebranded CREDO in 2007), a for-profit telephone service provider headquartered in San Francisco. The firm is characterized for its strong financial support of left-wing groups including Planned Parenthood, Rainforest Action Network, Greenpeace, Democracy Now, Oxfam America, Amnesty International, and the American Civil Liberties Union. CREDO brags that, as of 2016, it has given $85 million in donations to “key issues such as women’s rights, the environment, peace and social justice”—money, of course, that’s funneled through the Tides Foundation. Among other things, CREDO advocates a staunchly progressive platform: they opposed the Keystone XL oil pipeline, the 2010 Supreme Court Citizens Uniteddecision, Tea Party candidates, and the Iraq and Afghanistan wars; while supporting single-payer healthcare and get-out-the-vote efforts for Democratic candidates.
Drummond Pike has numerous ties to other left-wing organizations. He has served as an officer or board member of many organizations, including the Democracy Alliance, the Threshold Foundation, the Environmental Working Group, the Institute for New Economic Thinking, the Sierra Fund, and others. He is a notable Democrat, and regularly gives to Democratic Party candidates, including Barack Obama, Barbara Boxer, Nancy Pelosi, Elizabeth Warren, John Edwards, John Kerry, Russ Feingold and Sherrod Brown.
Washing with Tides
In 1976, Pike collaborated with Arca Foundation president and R.J. Reynolds Tobacco Company heiress Jane Bagley Lehman to form the Tides Foundation in Sausalito, California. As CRC president Scott Walter notes: “Pike’s use of the concept of the donor-advised fund is supposed to have originated when a New Mexico couple asked him to help them make anonymous grants to several environmental groups.”
But whatever its origins, Tides’ purpose was clear to: work with “community-based nonprofit organizations and the progressive movement through innovative grantmaking.” It even bills itself as “a one-stop shop for donors, activists, and organizations in the social justice movement.”
From the beginning, Tides was set up to be a prominent “donor-advised fund,” (DAF) a nonprofit structure pioneered by Pike that intentionally obscures the connection between donors and grantees.
In a DAF, an IRS-registered 501(c)(3) nonprofit sponsors a fund that individual donors can contribute to, while recommending to the fund’s manager which organizations they’d like their money support. While DAFs have existed since the 1930s, they didn’t receive a legal structure from Congress until 1969. Without a doubt, the success of the Tides Foundation has encouraged their proliferation in philanthropy.
DAFs are one of the fastest-growing philanthropic giving vehicles in the country, reporting over $23 billion in contributions in 2016 alone. According to the nonprofit National Philanthropic Trust, DAFs hold combined assets of $85 billion concentrated in four states: Massachusetts, California, Pennsylvania, and New York. Those states also house over half of the 285,000 individual DAFs in the U.S.
For donors who don’t wish to create private foundations of their own (or who seek to avoid being seen funding politically active groups while maintaining 501(c)(3) tax write-offs) DAFs are very useful. This legal veil is the key to Tides’ success. Unlike traditional foundations which are tied to the wealth of a particular family or entrepreneur—the Ford, Packard, and Rockefeller Foundations, for example—Tides has always been a “pass-through” organization designed to scrub away the connection between donor and dollar.
While IRS rules require Tides to disclose its grantees, it isn’t required to report where individual donors’ grants go. This obfuscation led the conservative website Activist Facts to call Tides less of “a philanthropy than a money-laundering enterprise.” It insulates politically motivated grants from the public eye, exactly what Tides wants. As Drummond Pike put it in theChronicle of Philanthropy, “Anonymity is very important to most of the people we work with.”
Information on who funds the Tides Foundation remains obscure. The website Foundation Search reports $620.5 million in 2,731 grants to the organization between 2001 and 2015. Tides’ federal filings for 2015 show revenues of nearly $158 million, expenses topping $166 million, and net assets of $187 million.
According to this data, the group’s biggest grants have historically come from the California Endowment ($51 million since 2001), the Vanguard Charitable Endowment Program ($39 million since 2007), the Chicago Community Foundation ($40 million since 2004), and the Novo Foundation($51 million since 2006). Other notable funders include the M.A.C. Global Foundation, the Wallace Global Fund II, the New Field Foundation, the Annie E. Casey Foundation, the Open Society Foundations, and the Fidelity Investments Charitable Gift Fund (also a donor-advised fund).
Disturbingly, during the Clinton administration, the Tides Foundation received nearly $8 million in grants from federal agencies–including the Department of Interior, Environmental Protection Agency, Department of Housing and Urban Development, Department of Agriculture, Department of Energy, Small Business Association, Department of Health and Human Services, and the Centers for Disease Control and Prevention. Data from the website USA Spending shows $23 million in further federal agency funding to the Tides Center (a subsidiary) from 2008-2017 in the form of contracts and grants.
Tides also sucks in money as part of its pass-through services, keeping a percent of donations made to its donor-advised fund for itself. It has quietly benefitted from donations from various left-wing “save the Earth” campaigns, including $56,500 from the Ben & Jerry’s Foundation, these funds raised as part of the ice cream producer’s Rainforest Crunch-flavor charity drive.
In the next installment of Tides’ Legal Laudering,we investigate the vast network of left-wing groups benefiting from Tides’ laundered largesse.
Tags: Tides' Legal Laundering
Hayden Ludwig
Hayden Ludwig is a Research Associate at Capital Research Center. He is a native of Orange County, California, and a graduate of Sonoma State University.