March 5, 2010

Follow the money - The Tides Foundation

The Tides Foundation just released their 2008 tax return and there are some interesting numbers... From Bret Jacobson writing at Big Government:
Tides Foundation: General Support, Major Concern
Not enough people know about the Tides Foundation, which is one of the original �philanthropic� donation launderers for donors who don�t want to be tied to fringe activist groups. Frankly, there�s too much to tell, but they�re the sugar daddy for ACORN (whose founder, Wade Rathke, is intricately linked within Tides official leadership).

A look at their 2008 tax return, 160-plus pages, reads like a directory of the New Left. I�ve pulled out the donations to ACORN groups and Big Labor�s Working America Education Fund (not many people know unions take in ostensibly charitable donations) and one theme is clear: �general support� seems to be a popular phrase. Another theme: notice that states receiving money are critical to election-year success for Democrats. And finally, notice just how much money is being thrown around.
The 160+ pages of Tides 990 are posted for your perusal. Tides operates like a money laundering scam for the liberal progressives who want to contribute but who don't want their name linked to the organization. A check written to Tides with a directive (Acorn is deeply in bed with them) and the money is handed over without a fuss... Posted by DaveH at March 5, 2010 6:47 PM
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