Dossier: Tides Meeting 2006 “Scaling Up the Canadian Social Finance Sector”

This was a 2 day strategy private meeting held on October 19-20, 2006 with Tides Canada, Vancity Credit Union, J.W. McConnell, PLAN Canada, Coro Strandberg. The purpose of the meeting was to map out an accelerated growth path for the financial infrastructure needed to support the “social economy”.

“Social finance for the purpose of the meeting was described as sustainable finance with a social or environmental goal, covering a growing continuum including community investing, social enterprise finance, micro-lending, sustainable business, and philanthropic program-related investments. Premised on the view that the Canadian social sector (including charities, non-profits and community enterprises) is drastically under-financed, the meeting sought to consider how to reverse this situation through advancing the growth of the social capital marketplace.”


Nancy Neamtan CEO Chantier de l’economie sociale: “In Quebec the focus is on the social economy, not on economic development per se. It is important to advance development from a bottom-up perspective, through engaging unions, co-operatives, charitable, environmental and community economic development organizations, etc.”

Coro Strandberg provided a summary of barriers for social finance: the barriers she was referring to were government policy

• Need to map out and conduct an inventory of existing financial instruments and tools in Canada, some of which is being undertaken by Human Resource Social Development Canada (HRSDC) as part of its work with the Community Finance Advisory Panel

• The Social Sciences and Humanities Research Council (SSHRC) social economy research program is a resource for this initiative

The committee discussed 4 Main Goals as follows: GOAL #1 and #3 would impact government

• Goal 1: Access to social finance capital to scale up social economy

• Goal 2: Social sector capacity for social financing is built

• Goal 3: An enabling policy and regulatory environment to scale up social finance exists

• Goal 4: Organizations and affinity groups are working together on a coordinated approach to scale up social finance

GOAL #1: Access to Capital for Social Economy

  • Establish a National institution to act as a “social investment bank” (Infrastructure Bank?)
  • Use of decentralized capital investments: mutual funds loans, pension funds, labour funds, recruit VanCity to initialize the process

GOAL#3: Government Policy Change

• Political outreach: develop a non-partisan program to be advanced through the political arena. As political parties are developing their platforms there is an opportunity to build pre-electoral alliances within all parties in order to seed a social finance agenda

• Document the impacts of recent cuts and illustrate a role for social finance

• Need to advocate all levels within government, including policy development, program delivery and politicians

• Start at the community level – make it a citizens movement first and work up to provincial and federal levels; engage cross-sectorally; build upon current regional success; focus on the provincial window

• Use social marketing expertise to help sector act like a movement. The sector needs to speak with one voice; who represents the sector?

• Don’t position the issue as a grant/contribution issue, but a finance and investment issue.

• Focus a communications strategy by identifying a series of social and environmental challenges, show how we need a policy response to help adapt capital tools for solving social and environmental problems.

It was agreed that the initiative should continue under Tides Canada Foundation’s administrative leadership. SOROS

Participants commented there is a critical need to develop a public policy agenda and to scope out a role for an intermediary/s in this space, possibly a virtual brokerage function to manage targeted sectoral strategies to raise capital.

McConnell Foundation looking at PRIs POLICY RESEARCH INITIATIVES

Development of a community investment vehicle for pension fund investments (ETIs) PENSIONS??

The question here is Johanne Mennie attending meetings with Corporations where it was discussed that her role would be to help facilitate policy change within government to help finance the “Social Economy”…. Was that meeting ever registered with Lobby Canada?

  • HOC meeting November 21, 2006 on the “social economy.”
  • Witnesses include: Johanne Mennie,

The following were witnesses: Johanne Mennie (HRSDC), Nancy Neamtan (President CEO Chantier de l’economie Sociale Quebec), Carol Hunter (CEO Canadian Cooperative Association a national trade association with 9,000,000 members) (CEO Cooperative Development Foundation of Canada a charitable foundation responsible for international and Canadian cooperative development, fundraising and governance),Sylvan Savage (Director Economic Development Agency of Canada for the region of Quebec), David LePage (Enterprising Non-Profit programs)….. on this list ALL with the exception of Sylvain Savage were present at the TIDES Meeting on October 19-20 2006. The question here is Johanne Mennie attending meetings with Corporations where it was discussed that her role would be to help facilitate policy change within government to help finance the “Social Economy”…. Was that meeting ever registered with Lobby Canada?

The Social Economy generates 4.3 billion in annual sales per year. Additionally (not shown here) Federal funding gave rise to other agencies giving money as well: Fonds de solidarite de la FTQ, Fondaction (pension funds), Investissement Quebec. The focus is “service before profits”. They wanted to see te program rolled out to the rest of Canada. Their narrative was on the environment and renewables.

ThIs quote above is by David LePage representing Canadian Community Economic Development Network (CCEDNet) which represents 3000 community development organizations across Canada referred to as Enterprising Non-Profits. He advocated for policy change an enabling environment that suppo


Dossier: Tides Foundation

  1. Soros Tides Foundation under investigation for funding foreign radicals
  2. Tides Foundation History funds mainly Liberal parties
  3. Tides Foundation screen shots
    figure 1
  4. When is a Foundation NOT a Foundation? When it gives away other peoples money (Money launderer) described as a “Non-profit accelerator”
  5. figure 2
    “Now comes the Tides Foundation and its recent offshoot, the Tides Center, creating a new model for grantmaking — one that strains the boundaries of U.S. tax law in the pursuit of its leftist, activist goals.Set up in 1976 by California activist Drummond Pike, Tides does two things better than any other foundation or charity in the U.S. today: it routinely obscures the sources of its tax-exempt millions, and makes it difficult (if not impossible) to discern how the funds are actually being used.In practice, “Tides” behaves less like a philanthropy than a money-laundering enterprise (apologies to Procter & Gamble), taking money from other foundations and spending it as the donor requires. Called donor-advised giving, this pass-through funding vehicle provides public-relations insulation for the money’s original donors. By using Tides to funnel its capital, a large public charity can indirectly fund a project with which it would prefer not to be directly identified in public. Drummond Pike has reinforced this view, telling The Chronicle of Philanthropy: “Anonymity is very important to most of the people we work with.”
  7. Founder of Tides Foundation: figure 3
  8. The Tides Foundation’s financial practices have been characterized as “dark money” for allowing contributors (to Tides) to obscure their direction of funds to other left-wing organizations.
  9. Nonprofit of terrorist bomber received Tides Foundation Funding
  10. money laundering scheme: “Like the Proteus Fund, The Tides Foundation is structured like a money-laundering operation: funders who wish to remain anonymous or to operate at some remove from the organizations and causes they are funding may make “donor-advised” contributions through Tides, which avoids the tax-based requirement to report its own donors by structuring itself as a “501(c)(3) with broad-based support.”
  11. Soros Tides Canada under investigation by CRA: “George Soros’ Tides Foundation in Canada is under investigation by the Canada Revenue Agency after members of the Conservative Party labeled the organization a foreign-funded radical group. As the Globe and Mail reports, the group “serves as a clearinghouse for foreign donors that want to donate here but do not have Canadian charitable status.” The organization has funneled money to liberal advocacy groups, particularly regarding oil development issues.”
  12. “Tides Foundation is a San Francisco, California-based 501(c)(3) non-profit social change corporation founded June 4, 1976. Tides is largely credited with pioneering anonymous “Dark Money” transactions through donor advised funds for politically liberal and progressive organizations in the areas of the environment, health care, labor issues, immigrant rights, gay rights, women’s rights, and activism against gun rights, industrial development and corporations. Tides Foundation’s skill at keeping donors anonymous and grant recipients secret became a public issue, bringing IRS attention and measures to separate its most innovative program from its normal grant-making operation.”
  13. This article lists all the foundations Tides is involved with; Left leaning
  14. Vetting politicians, beaurocrates, who? What? Does Tides do a long article but very useful information
  15. The Renor Foundation. You can make anonymus donations anywhere to anyone figure 4
  16. They are paid in bitcoin And you can donate anonymously
  17. Tides Foundation Grants list
  18. figure 5
  19. Picture shows the pro and cons of cryptocurrency as a donation platform https://crypto2c
  20. The Renor Foundation was designed by Dr. Serge Gravelle
  21. The Renor Foundation is Crypto 2 Charities SISTER Foundation
  22. IMPACTO uses RENOR
  23. Threshold Foundation Drummond Pike from Tides Foundation on here
  24. Alton Foundation is XYO Network, founder is Charlie Shrem. Building world’s first location-based decentralized network that will bypass GPS and uses peer-to-peer geolocation.
  25. XYO is partnering with Amazon Web Services (Jeff Bezos)
  26. Bitcoin Foundation Founder Charlie Shrem joins XYO (And Altran Foundation is XYO… it is also Crypoto 2 Charities)
  28. Charlie Shrem was arrested in 2014 for money laundering.
  29. Charlie Shrem Bitcoin invincible
  31. This XYO company is out to replace government regulations that cost people 2 million per day in moving money… that their narrative….. decentralized money
  32. Tides Foundation Tax returns
  33. Vivian Kraus talks about the money laundering scam tides is a conduit figure 6
  34. from tax returns filed in Canada shows the problem figures 7, 8
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Organizations funded by soros: