, Inc.K. Kellogg Foundation led the
funding with a three-year grant of $4. Tides Center is the
fiscal sponsor to hundreds of projects across the U. Kellogg Foundation is pleased to extend its
relationship with Tides Center."
"In today 's environment, affordable, up-to-date infrastructure and
effective operating and governance practices are not merely a matter of
convenience, but a matter of survival for nonprofits," said Willa Seldon ,
Executive Director, Tides Center. Kellogg Foundation
The W.

donations funder

"As the Fund passes the $1 billion mark in total contributions, our
donors will continue to have a significant impact in supporting future
charitable causes. We also look forward to collaborating with other management support
organizations as a part of this initiative.

About W.

difficult priorities

Schwab Fund for Charitable Giving(R) Surpasses $1 Billion in Charitable Contributions

The biggest beneficiaries of the Fund's grants in 2005 were relief efforts
for victims of Hurricane Katrina, the South Asian tsunami and the Pakistan
earthquake .schwabcharitable.
Kellogg Foundation initially funded Tides Center in 2003 with a $950,000
grant to support strategic planning and collaboration efforts. It celebrates social entrepreneurs through projects such
as a four-part public television documentary called "The New Heroes" that will
be broadcast in 2005, and via the Skoll World Forum on Social
Entrepreneurship, which is held every spring at the Skoll Centre.

emerging timely

"
Wright-Violich attributes much of the Fund's overall success to Charitable
Asset Management -- a philanthropic option available to high net-worth
individuals that allows them to nominate an independent investment advisor to
manage their donated funds.
With this substantial funding, Tides Center is deploying a scalable
technology platform that will enable thousands of nonprofits and fiscal
sponsors to operate more efficiently and effectively. These include: health, food systems and rural development,
youth and education, and philanthropy and volunteerism . Grants are concentrated in the
United States, Latin America and the Caribbean, and the southern African
countries of Botswana, Lesotho, Malawi, Mozambique, South Africa, Swaziland,
and Zimbabwe .org.

change timely

"Fund donors responded in overwhelming numbers to the natural disasters of
2005," said Kim Wright-Violich, president of the Schwab Fund for Charitable
Giving. One of the benefits of the
Charitable Gift Account is that the donor can contribute to the account when
it makes sense for their tax planning, but the assets are set aside and
readily available for grant-making at any time . Additional funders of the
initiative include the Skoll Foundation, which has contributed $225,000 , as
well as The Evelyn and Walter Haas Jr. This platform will
greatly increase the availability of affordable, quality, administrative
infrastructure and reduce duplication in the nonprofit sector . "Tides Center's history of enabling nonprofit leaders to focus on their
missions and programs by sharing a common legal home and administrative
infrastructure uniquely qualifies the organization to lead this important
sector-wide initiative," said Tom Reis, Program Director at W."
"Tides Center has provided administrative support to The Children's
Partnership for over 10 years as we have grown from the start-up stage to a
well-functioning organization," said Wendy Lazarus, Founder and Co-President,
The Children's Partnership.org, Thoreau Center for Sustainability and Community Clinics
Initiative.

donations grantees

It currently has approximately $840 million in
assets waiting to be granted .K.tidescenter. For more
information, visit http://www.

grants sister

"Tides Center is honored to act as a leader
in developing and making available these valuable services to the nonprofit
sector. Kellogg Foundation was established in 1930 "to help people help
themselves through the practical application of knowledge and resources to
improve their quality of life and that of future generations.


NOTE: Copyright (C) 2005, Tides, Tides Center, Tides Foundation, Tides,
Inc.

accepts guineas

W. in such areas as
economic development, social justice and the environment. "As the largest national fiscal sponsor and the national
leader, Tides Center is well placed and poised to grow its business, to
strengthen the field of fiscal sponsorship domestically and to explore
international expansion.

controversial guineas

With this
latest grant , Kellogg is investing in Tides Center's implementation of its
plan. The Tides Family
of Organizations includes Tides Center, Tides Foundation, Tides, Inc., the Skoll Foundation was created in
1999 by Jeff Skoll, the first employee and first president of eBay. Other names used in this press release may be trademarks of their
respective owners.

funders sister

5 million. No other leading national donor-advised fund offers this
benefit. The Schwab Fund for
Charitable Giving, an independent non-profit organization , has entered into
service agreements with certain affiliates of The Charles Schwab Corporation:
Charles Schwab + Co.

foundations difficult

Tsunami and earthquake relief
together accounted for more than 2,000 grants and nearly $2. While private foundations must file an
annual tax return which discloses officers, grant amounts , and recipients, a
Charitable Gift Account has no such requirement. Note
that contributions of real estate and most other assets made to private
foundations are deductible only at cost basis.

Kellogg Foundation Leads Funding of National Nonprofit
Infrastructure Organization

SAN FRANCISCO, Tides Center has been awarded grants
totaling $4.K.

accepts funder

Donors with accounts of at least $250,000 can
have an independent advisor manage account assets, which can be invested in a
wide range of investment vehicles, including individual stocks, bonds and
other securities. Fund and The David and Lucile Packard
Foundation, which have each contributed $100,000 . Tides Center
manages combined budgets totaling more than $50 million annually and serves
over 200 groups focused on community development, social justice, the
environment and other issues.

priorities difficult

Donor-advised funds are simpler to set up and run -- and more
private -- than private foundations . Donors who contribute
appreciated securities may be able to deduct their full value as a charitable
donation and avoid capital gains tax.S.org, Thoreau Center for Sustainability, Community Clinics
Initiative.

guineas priorities

org.

funders timely

3 million in
funds. Since its inception in 1999, the Fund has granted more than $400
million to 18,000 charities.,
Groundspring.

grantees change

Fund Reaches Major Milestone with More Than $500 Million in Donations in 2005

SAN FRANCISCO, The Schwab Fund for
Charitable Giving, one of the country's largest and fastest growing donor-
advised funds, announced total contributions to its Charitable Gift Accounts
have exceeded $1 billion since the Fund's inception.
"Charitable Asset Management has opened significant doors for advisors and
their clients," said Wright-Violich ."
Charitable Asset Management attracts affluent individuals and families who
would otherwise need to set up a private foundation to create a charitable
endowment.org.

Tides Center Awarded $4 .5 Million to Expand Nonprofit Sector Capabilities

Tides Center
also will use the grants to collaborate with others to improve standards of
practice and accountability in the sector., Groundspring.

foundations donations

(Member SIPC) and Charles Schwab Investment
Management, Inc.org.

priorities granting

Created in 1999, the Fund
achieved the milestone as it ended its most productive year for charitable
contributions. In 2005, the Fund issued more than 1,400 grants for Hurricane
Katrina relief, totaling nearly $3.
Donors of all income levels can open a Charitable Gift Account with an
initial tax-deductible contribution of cash or securities valued at $10,000 or
more. All three of these strategic objectives support the
incubation of social entrepreneurship and the development of infrastructure
for the nonprofit sector. For more information, go to http://www.K. For more information, go to http:/www.socialedge.

institutional granting

Donations of non -cash assets such as
real estate can be made through a charitable third-party that specializes in
such transactions, and are also tax deductible at fair market value.07 million."
"Fiscal sponsors allow social entrepreneurs to focus on what's mission
critical," said Barbara Kibbe, Vice President , Program and Effectiveness at
the Skoll Foundation. "We are delighted to see foundations investing in
infrastructure for the nation's nonprofits, and we look forward to the
expanded information technology and other new services that Tides Center will
offer.
To achieve the greatest impact , the Foundation targets its grants toward
specific areas. Within these areas,
attention is given to exploring learning opportunities in leadership,
information and communication technology, capitalizing on diversity, and
social and economic community development.

About Skoll Foundation
Headquartered in Palo Alto, Calif.skollfoundation.

grants sister

No additional paper or legal
work is required after the contribution is made, and the Fund is responsible
for due diligence, recordkeeping, managing the assets and granting funds. Assets are invested for tax-free potential growth and donors can
recommend grants from the account at any time."

About Tides Center
Tides Center is the nation 's leading fiscal sponsor for social change
initiatives providing a legal home as well as administrative , human resources
and financial infrastructure services nationwide.
The Skoll Foundation invests in social entrepreneurs through three award
programs and the new Skoll Centre for Social Entrepreneurship at the Said
Business School at Oxford University.

donor guineas

" Its programming
activities center around the common vision of a world in which each person has
a sense of worth, accepts responsibility for self , family, community, and
societal well-being, has the capacity to be productive, and to help create
nurturing families, responsive institutions, and healthy communities.wkkf.

Making grants to individual women, groups of women, or groups working on a broad range of issues specific to women.

controversial granting

In 2005, the Fund received more than $510 million, more than
doubling the $225 million in contributions received the previous year.5 million to significantly expand its services to social
innovators and nonprofit organizations. Currently, Tides Center provides
grants management, administrative, financial and human resources services to
charitable initiatives not incorporated as 501(c)(3)s.

emerging accepts

Kellogg
Foundation .
Tides Center is a part of the Tides Family of Organizations, a group of
nonprofits that share a common vision for a healthy society -- a society based
on principles of social justice, broadly shared economic opportunity, a robust
democratic process and sustainable environmental practices .org.

sister fund

"Advisors can recommend that clients set
aside assets for tax-advantaged charitable giving while simultaneously helping
meet other diversification goals. The process is seamless for both the client
and advisor. "We believe this initiative will transform many organizations in
the nonprofit sector by increasing their financial sustainability, enhancing
the effectiveness of their programs, and, ultimately, increasing their impact
in the communities they serve. Since 1977, Tides Center has
enabled social change innovators to focus their time and energy on their
vision and program goals -- rather than on operational issues. The foundation connects social
entrepreneurs through its online community, Social Edge, at
http://www.

investing difficult

For more information about the Schwab Fund for Charitable Giving and
Charitable Gift Accounts, visit http://www.

Its
mission is to advance systemic change by investing in, connecting and
celebrating social entrepreneurs.

priorities mama

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- - kjjkjk

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