Tides Foundation

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The Tides Foundation is an organization which uses a veneer of philanthropy to cloak its real purpose: laundering money to left wing causes.[1][2]

In 2008 it was learned that Dale Rathke had embezzled nearly $1m dollars from the organization ACORN. Drummond Pike, founder of Tides, made a donation to make the organization whole.[3]

The Tides Foundation is setting up and managing an endowment fund for Wikipedia/Wikimedia.

References

  1. How Tides Washes the Left's Money
  2. Tides Foundation and Tides Center, Discover the Networks
  3. Head of Foundation Bailed Out Nonprofit Group After Its Funds Were Embezzled, The New York Times