In this month’s Daring Change, learn about how communities are cultivating hope and desire for tangible action this upcoming election.

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Seeking Wisdom From Black Leaders

There’s change in the air. Despite the United States’ uphill battle against COVID-19, and even as the economy is hitting record low performance, there’s a growing sense of hope and a strong desire for tangible action. This hope stems from the continuation of a movement demanding racial justice: a movement that has energized a nation and has challenged us all to look at ourselves in the mirror, to open our eyes, and to vote with intention come November. It's also Black Philanthropy Month, when we take a moment to celebrate and learn about the impact and influence of black philanthropy. Read more below.

Tides Perspectives

What We See: Wisdom from Black Leaders During Simultaneous and Intersecting Pandemics

2020 will go down in history as a year rife with struggle. It will also be remembered as a year that woke up a nation—and the world—to the systemic injustices that continue to permeate our society. Read more ([link removed] ) from dana e. fitchett on how this movement is calling for sustained momentum, and how symbolic allyship just isn’t enough this time around. In order to move in this new direction, we need the people who hold power and privilege to take more responsibility for getting us there. Check out the piece here ([link removed] ) .

Beyond the Protests: Sustaining Momentum Toward Racial Equity

There is tremendous energy around racial justice and groups like #BlackLivesMatter today. While some are skeptical about the sustainability of this new movement to impact long-term systemic change, others see it as a turning point for a country steeped in racism. So what will it take? What must be done to change our criminal and legal systems to ensure that they uphold justice and police accountability? How can we transform the momentum that has emerged from the 2020 anti-racism protests into policies that promote racial equity? How can philanthropy contribute to this transformation? Read more ([link removed] ) .

Tides Community Updates

Tech Company Okta deepens their commitment to racial equity

In this critical moment in the racial equity movement, it’s incredibly encouraging to see corporations stepping up, including many Tides corporate partners. As one example, Okta is committing $1M over three years, in addition to $2M from the company co-founders, to address racial equity. Read CEO Todd McKinnon’s blog detailing Okta’s plan to advance racial equity ([link removed] ) . They are taking a deep dive, engaging their POC Employee Resource Group to create a racial equity frame in their corporate social impact work. Tides will provide training and workshops to equip the group with knowledge of the movement and skills for grantmaking recommendations. Learn more about how Tides supports our Corporate partners. ([link removed] )

Support recovery for those hardest hit in the Bay Area by the pandemic

For essential workers, the economy never shut down. Their choice was never between quarantining or going back to work, but instead how to protect themselves and their families to keep the economy going. This is a racial justice issue—66% of essential and frontline workers are Black and brown people working in sectors that never closed. Their employers are the least likely to offer worker protections like paid sick leave, personal protective gear, or work for home arrangements. BARHII, the coalition of the Bay Area’s 11 public health departments and a project of the Tides Center, launched the 4R Platform for an equitable COVID-19 plan ([link removed] ) to radically recenter the recovery around racial justice. The regional network has already passed eviction moratoriums that cover 100% of the Bay Area, extended paid sick leave, and laid the groundwork for guaranteed income pilots. Contact Executive Director Melissa Jones at [email protected] for more information on how you can get involved or donate to the regional campaign online ([link removed] ) .

Capacity Building for Intermediaries for Scale

The ongoing pandemic and the increased momentum for racial equity elevate the importance of higher education as a driver of socioeconomic mobility for Black, Latinx, ([link removed] ) Native American ([link removed] ) and low-income ([link removed] ) students. Intermediaries for Scale (IfS) ([link removed] ) , an initiative of the Bill & Melinda Gates Foundation ([link removed] ) , was launched in January to bring together and strengthen the capacity of a cohort of organizations uniquely positioned to guide colleges to close equity gaps and adapt to a changing future. As a proud implementation partner, Tides is helping IfS organizations identify priorities for capacity growth, select consulting partners to meet their needs, and facilitate learning across various capacity-building efforts. IfS organizations collectively represent nearly three-quarters of two-and four-year public institutions in the U.S., making this work critical to advancing Tides’ vision of a world of shared prosperity and social justice. Learn more about the IfS initiative ([link removed] ) or other Tides collaboratives. ([link removed] )

On Our Radar

Tides Philanthropic Partners Stand Up for Justice

In the second quarter of 2020, Tides Center and Tides Foundation distributed a momentous 2,035 grants, totaling over $197 million and distributed to 76 countries globally. This represents over a 200% increase from the same period last year. We’re living through an unparalleled time in our collective history, and Tides’ philanthropic partners have stepped up in unimaginable ways to support communities facing the pandemic ([link removed] ) to advance a healthy democracy ([link removed] ) and to fight for a world where all black lives matter ([link removed] ) . Learn how Tides can support your grantmaking. ([link removed] )

Campaign raises $1.8M from corporations for college students

Dear Class of 2020 Campaign ([link removed] ) —a star-studded YouTube Original posted on June 7 and viewed more than 8.5 million times—features former President Barack Obama ([link removed] ) delivering a fantastic marquee commencement speech ([link removed] ) . The web event raised more than $1.85M from corporations to benefit college students in this time of need. Tides is the philanthropic partner for this campaign and is administering grants to two national nonprofits to carry out this work: Scholarship America ([link removed] ) and Beyond 12 ([link removed] ) .

Impact Investing at Tides: Be a Force for Social Good

As a means to connect your money to your values, impact investing allows individuals and organizations to advance social change in an innovative and effective way. For more than 40 years, Tides has empowered smart financial risk-taking centered around our core values—equality and human rights, a sustainable environment, healthy individuals and communities, and quality education. Whether you’re an individual or an institution, we’re here to help you evaluate key factors such as risk tolerance, investment goals, and social causes, that will shape how you invest in social change and what success looks like to you. Learn more about Impact Investing and Tides’ unique approach. ([link removed] )

What We're Reading

- With the extended measures to keep the pandemic at bay, nonprofits need support. In CAF’s America’s June report ([link removed] ) , one in three organizations foresee that they will be forced to close down within the next 12 month period, while 31.88% are unable to determine how long they can persevere under the current conditions.

- The bail system in the United States is mired in unjust, racist practices. Almost 500K people are in American jails without convictions. People will plead guilty to keep their jobs. Families are torn apart. Read Inside Philanthropy’s exposé about the bail fund movement ([link removed] ) , how it’s fighting back, and which organizations you can support to help this critical work.

- Benefiting both nonprofits and donors, fiscal sponsorship at organizations like Tides provide social change leaders a platform and network. Read how Tides and New Venture Fund reimagine fiscal sponsorship. ([link removed] )

Where We'll Be

Upcoming Virtual Events:

- Tides partner Emerging Leaders in Philanthropy ([link removed] ) are hosting a series of webinars as part of Sankofa Summer ([link removed] ) , through August 20, 2020
- Interim CEO Tuti Scott is speaking at a Slingshot’s Board Leadership Course ([link removed] ) on August 13, 2020
- Exponent Philanthropy is hosting a webinar on Civil Dialogue ([link removed] ) on August 25, 2020
- Stanford Social Innovation Review is hosting their annual Nonprofit Management Institute ([link removed] ) titled “COVID-19: Reshaping Social Innovation” on September 22, 2020
- The Communications Network Conference is hosting their flagship event ([link removed] ) on September 23, 2020

Tides, 1012 Torney Ave., San Francisco, CA 94129, United States, 415.561.6400

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