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 | TrackBack
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