Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Rising Tide

Overview: Rising Tide is an innovative program for nonprofits to earn low-risk interest income on idle capital while maintaining liquidity.

Program Details:

  • Interest Rate: Minimum 5% annualized interest (no less than 5%)

  • Risk Level: Low-risk investment vehicle

  • Account Type: Nonprofits establish a Rising Tide account

  • Liquidity: Maintains capital liquidity

  • Geographic Scope: Austin, TX area
  • Eligibility: Nonprofit organizations

    Purpose: Provides nonprofits with a way to generate passive income on capital that would otherwise sit idle, while keeping funds accessible.

    Focus Areas & Funding Uses

    Fields of Work

    nonprofitscapacity-building

    Categories

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