Focus on your mission, not on infrastructure.
Foundations do more than make grants. They catalyze new ideas; they help build organizations; they create programs that provide grantees with capacity building and technical assistance. While many foundations have the internal capacity to manage such efforts, others turn to Tides to provide the administrative back-office services and structure for such programs. Funders can identify the social entrepreneur or team of experts to lead the effort, make grants to Tides, and let Tides handle the details of human resources management, financial administration, and risk management. Tides has partnered closely with foundations to create and support projects working on health care, community college education, the cultural and economic empowerment of indigenous communities, and many other issues.
Weighed down by operating programs?
Creating a Tides project can help.
Managing an operating program or evolving one into an independent nonprofit organization can sometimes drain resources or distract funding institutions from their core focus. Creating a fiscally sponsored project at Tides provides an effective solution to this challenge. Tides handles the administrative overhead, while you as a funder can maintain an objective distance and focus on funding. And, Tides is a proven leader in the practice of fiscal sponsorship with more than 230 fiscally sponsored projects across the nation.
If your program does not require the comprehensive nature of fiscal sponsorship, our foundation contract management services offer funders an efficient way to manage operational expenditures. Through a single grant to Tides, funders can transfer the burden and responsibility of administering contracts and expenses related to operating programs or expenses related to their grantmaking programs.