Tides provides grantmaking and other support to social change leaders to help build a world of shared prosperity and social justice.
A Tides Collective Action Fund (CAF) is a purpose-driven fund that relies on an independent advisory committee to make recommendations to Tides for grants in support of a specific charitable purpose.
How does a CAF work?
- The independent advisory committee (IAC) is composed of individuals committed to the fund purpose and with expertise or experience to support the achievement of that purpose.
- The committee reviews grant requests, then makes recommendations to Tides that align with the CAF’s charitable purpose and goals.
- Tides reviews the recommendations for legal compliance and support of Tides’ mission and values and then makes a final decision on the grant request.
CAFs can accept charitable contributions from a variety of sources, including individuals, donor advised funds, private foundations and corporations.
Do grants from the CAF support political candidates or campaigns?
No. Tides Foundation is tax-exempt under Section 501(c)(3) of the Internal Revenue Code, and CAFs are prohibited from funding partisan political activity.
Can Tides overrule the recommendation of the Independent Advisory Committee?
CAFs benefit from the input of the independent advisory committee. The intent is to follow its recommendations. However, Tides may reject recommendations that are inconsistent with the CAF’s purpose, don’t support Tides’ charitable mission, or are not in compliance with applicable law.