Tides Two Rivers Fund
For more information, see Tides Nexus
Contents
The Tides Two Rivers Fund is a supporting nonprofit to two other 501(c)(3) nonprofits in the Tides Nexus: the Tides Foundation and the Tides Center. The organization provides asset management and grantmaking services for its “sister” nonprofits, which directly control the Two Rivers Fund. 2
Relationship to the Tides Nexus
Also see Tides Nexus
The Tides Two Rivers Fund is a 501(c)(3) nonprofit formed in 2003 in San Francisco, California. 1 As a supporting nonprofit, the Two Rivers Fund is directly controlled by two other nonprofits in the Tides Nexus: the Tides Foundation, the system’s primary pass-through funder; the Tides Center, the system’s fiscal sponsorship nonprofit. 3 However, a separate nonprofit, the Tides Network, has the sole “power to appoint members of the governing body” of TTRF; the Tides Network has a similar arrangement with other nonprofits in the Tides Nexus. 4
According to its 2018 IRS Form 990 tax filing, the Two Rivers Fund describes its mission as the following: 5
Tides Two Rivers Fund (TTRF) serves its [tax] exempt function by operating multi-tenant nonprofit centers and providing value-added services to nonprofit tenants to better allow them to accomplish their charitable missions[.] TTRF, along with three other nonprofit organizations, purchased office condominium space at 55 Exchange Place in downtown Manhattan in New York City[.] In its condominium unit, TTRF created a green nonprofit center, called Tides Converge New York (formerly the Thoreau Center for Sustainability),which it continues to operate[.] This facility is aimed at preserving nonprofit tenancy in lower Manhattan, as well as creating stable, quality work space for organizations working for health communities[.]
Leadership
According to its 2022 990 form, the Tides Two Rivers Fund’s board of directors included the following individuals: 6
- Janice Evans-Page (Board Chair): Tides CEO
- Holden Lee (Treasurer)
- Suneela Jain (Board Secretary)
- David Schrayer
- Jennifer Marie Landig (through 4/2022)
Funding
Financial Overview
According to its 2022 990 form, the Tides Two Rivers Fund reported a revenue of $1,171,906, expenses at $811,884, and total assets of $9,611,410. 7
In 2018, the Tides Two Rivers Fund reported total revenues of $1.5 million (all of which came from program service revenues), total expenditures of $1.4 million, and negative net assets of $4.4 million. 8
Financial Documents
Tides Two Rivers’ IRS Form 990 filings are below:
Financial Statistics
Total Assets
Total Revenue
Total Expenses
| Year | Total Assets | Total Revenue | Total Expenses | Filing |
|---|---|---|---|---|
| 2024 | $9,062,077 | $1,548,593 | $1,216,790 | View |
| 2023 | $9,095,062 | $1,130,202 | $1,200,682 | View |
| 2022 | $9,611,410 | $1,171,906 | $811,884 | View |
| 2021 | $10,075,480 | $1,337,806 | $1,180,548 | View |
| 2020 | $10,732,536 | $1,401,955 | $1,085,548 | View |
Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011
Revenue Detail
Expenses Detail
Employee Compensation
Highest Earning Employees
Grant Activity
All-time grants received statistics from Candid dataset:
- Total Grant Value: $359,000
- Number of Grants: 1
- Number of Funders: 1
Selection of highest value grants received from the last seven years:
| Amount | Year | Funder | Subject |
|---|---|---|---|
| $359,000 | 2024 | TIDES FOUNDATION | EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT |