Governance, Legal Structure & Tax Status

Turn The Tide operates internationally in support of marine conservation and the protection of Caribbean reef ecosystems.

Activities are conducted through separate and legally independent entities that share a common charitable mission while maintaining strict structural, financial, and governance independence.

Turn The Tide Foundation Inc. (“TTT USA”) is a nonprofit corporation organized under the laws of the State of Delaware, United States.

TTT USA currently serves as the entity processing donations made through this website.

It operates in accordance with applicable U.S. federal law and Delaware nonprofit corporate law.

Turn The Tide Foundation Inc. UNITED STATES

Association Turn The Tide (“TTT France”) is an association organized under the laws of the French Republic and published in the Official Journal of Associations and Foundations (JOAFE).

TTT France operates under French association law and maintains its own governance, administration, accounting, and banking structures.

It is legally independent from TTT USA.

Association Turn The Tide FRANCE

Neither entity has authority to direct, control, supervise, manage, or otherwise influence the governance, operations, finances, personnel, or programs of the other.

Each entity retains full autonomy over its governance, operations, finances, personnel, programs, and legal obligations.

Each entity independently conducts fundraising activities within its respective jurisdiction or through platforms under its control.

Donations made through this website are received and administered exclusively by TTT USA and are deposited directly into its bank accounts.

No pooling, commingling, consolidation, or shared control of funds occurs between the entities.

Each entity is solely responsible for:

1. Legal Structure

2. Separate Legal Status

TTT USA and TTT France are separate and independent legal entities.

Nothing in their cooperation creates:

  • a parent-subsidiary relationship

  • a joint venture

  • a partnership

  • an agency relationship

  • a branch or permanent establishment

  • or any form of legal or de facto control by one entity over the other

  • Compliance with applicable tax laws in its jurisdiction

  • Donor acknowledgment and receipting requirements

  • Financial reporting obligations

  • Regulatory and nonprofit compliance within its jurisdiction

3. Territorial Fundraising & Financial Independence

Each entity represents that it complies with applicable laws within its jurisdiction, including those relating to:

Each entity finances and administers its own programs unless otherwise expressly documented in a written agreement approved by the respective governing bodies.

4. Financial Oversight & Internal Controls

Each entity maintains:

  • Separate accounting records

  • Independent banking structures

  • Segregated financial reporting

  • Internal approval procedures for expenditures appropriate to its size and activities

Each entity is solely responsible for its own debts, liabilities, and obligations.

Transfers of funds between entities are not anticipated as routine practice and may occur only on an exceptional basis for specific charitable purposes, subject to:

  • Formal approval by the transferring entity’s governing body

  • Documented charitable purpose

  • Compliance with applicable laws in both jurisdictions

  • Absence of private benefit or impermissible control

5. Governance

Turn The Tide Foundation Inc. UNITED STATES

TTT USA is governed by an independent Board of Directors responsible for:

Association Turn The Tide FRANCE

  • Strategic direction

  • Financial oversight

  • Regulatory compliance

  • Risk oversight

  • Approval of significant expenditures

Board members act in a fiduciary capacity in accordance with U.S. nonprofit governance standards and Delaware corporate law.

TTT France maintains its own governing body in accordance with French association law.

It is solely responsible for governance, regulatory compliance, and operational oversight within its jurisdiction.

No director, officer, volunteer, or representative of one entity shall be deemed an agent of the other.

6. Intellectual Property

TTT USA owns all rights, title, and interest in and to the name “Turn The Tide,” related trademarks, logos, branding materials, and associated intellectual property.

TTT France uses such intellectual property pursuant to a non-exclusive, royalty-free license consistent with the shared charitable mission.

No transfer of ownership occurs between entities.

7. Regulatory Compliance

  • Anti-money laundering (AML)

  • Counter-terrorism financing (CTF)

  • International sanctions

  • Anti-corruption

  • Nonprofit governance

Each entity maintains internal controls appropriate to its activities and scale.

8. Tax Status

All donations made through this website are processed exclusively by Turn The Tide Foundation Inc. (“TTT USA”), a nonprofit corporation registered in the State of Delaware, United States.

TTT USA has applied for federal tax-exempt status under U.S. law and is currently awaiting determination from the Internal Revenue Service (IRS).

TTT France does not process or receive donations through this website. It is pursuing the fiscal recognition required under French law to issue tax-deductible receipts.

Tax treatment of donations depends on the donor’s jurisdiction and the confirmed tax status of the receiving entity. Donors should not assume tax deductibility unless explicitly confirmed in writing.

9. Transparency & Inquiries

Questions regarding governance, financial oversight, or organizational structure may be directed to: contact@tttsavethereef.org

Governance, Legal Structure & Tax Status

Turn The Tide operates internationally in support of marine conservation and the protection of Caribbean reef ecosystems.

Activities are conducted through separate and legally independent entities that share a common charitable mission while maintaining strict structural, financial, and governance independence.

Turn The Tide Foundation Inc. (“TTT USA”) is a nonprofit corporation organized under the laws of the State of Delaware, United States.

TTT USA currently serves as the entity processing donations made through this website.

It operates in accordance with applicable U.S. federal law and Delaware nonprofit corporate law.

Turn The Tide Foundation Inc.

UNITED STATES

Association Turn The Tide (“TTT France”) is an association organized under the laws of the French Republic and published in the Official Journal of Associations and Foundations (JOAFE).

TTT France operates under French association law and maintains its own governance, administration, accounting, and banking structures.

It is legally independent from TTT USA.

Neither entity has authority to direct, control, supervise, manage, or otherwise influence the governance, operations, finances, personnel, or programs of the other.

Each entity retains full autonomy over its governance, operations, finances, personnel, programs, and legal obligations.

Each entity independently conducts fundraising activities within its respective jurisdiction or through platforms under its control.

Donations made through this website are received and administered exclusively by TTT USA and are deposited directly into its bank accounts.

No pooling, commingling, consolidation, or shared control of funds occurs between the entities.

Each entity is solely responsible for:

1. Legal Structure

2. Separate Legal Status

TTT USA and TTT France are separate and independent legal entities.

Nothing in their cooperation creates:

  • a parent-subsidiary relationship

  • a joint venture

  • a partnership

  • an agency relationship

  • a branch or permanent establishment

  • or any form of legal or de facto control by one entity over the other

  • Compliance with applicable tax laws in its jurisdiction

  • Donor acknowledgment and receipting requirements

  • Financial reporting obligations

  • Regulatory and nonprofit compliance within its jurisdiction

3. Territorial Fundraising & Financial Independence

Each entity represents that it complies with applicable laws within its jurisdiction, including those relating to:

Each entity finances and administers its own programs unless otherwise expressly documented in a written agreement approved by the respective governing bodies.

4. Financial Oversight & Internal Controls

Each entity maintains:

  • Separate accounting records

  • Independent banking structures

  • Segregated financial reporting

  • Internal approval procedures for expenditures appropriate to its size and activities

Each entity is solely responsible for its own debts, liabilities, and obligations.

Transfers of funds between entities are not anticipated as routine practice and may occur only on an exceptional basis for specific charitable purposes, subject to:

  • Formal approval by the transferring entity’s governing body

  • Documented charitable purpose

  • Compliance with applicable laws in both jurisdictions

  • Absence of private benefit or impermissible control

5. Governance

Turn The Tide Foundation Inc.

UNITED STATES

TTT USA is governed by an independent Board of Directors responsible for:

Association Turn The Tide

FRANCE

  • Strategic direction

  • Financial oversight

  • Regulatory compliance

  • Risk oversight

  • Approval of significant expenditures

Board members act in a fiduciary capacity in accordance with U.S. nonprofit governance standards and Delaware corporate law.

TTT France maintains its own governing body in accordance with French association law.

It is solely responsible for governance, regulatory compliance, and operational oversight within its jurisdiction.

No director, officer, volunteer, or representative of one entity shall be deemed an agent of the other.

6. Intellectual Property

TTT USA owns all rights, title, and interest in and to the name “Turn The Tide,” related trademarks, logos, branding materials, and associated intellectual property.

TTT France uses such intellectual property pursuant to a non-exclusive, royalty-free license consistent with the shared charitable mission.

No transfer of ownership occurs between entities.

7. Regulatory Compliance

  • Anti-money laundering (AML)

  • Counter-terrorism financing (CTF)

  • International sanctions

  • Anti-corruption

  • Nonprofit governance

Each entity maintains internal controls appropriate to its activities and scale.

8. Tax Status

All donations made through this website are processed exclusively by Turn The Tide Foundation Inc. (“TTT USA”), a nonprofit corporation registered in the State of Delaware, United States.

TTT USA has applied for federal tax-exempt status under U.S. law and is currently awaiting determination from the Internal Revenue Service (IRS).

TTT France does not process or receive donations through this website. It is pursuing the fiscal recognition required under French law to issue tax-deductible receipts.

Tax treatment of donations depends on the donor’s jurisdiction and the confirmed tax status of the receiving entity. Donors should not assume tax deductibility unless explicitly confirmed in writing.

9. Transparency & Inquiries

Questions regarding governance, financial oversight, or organizational structure may be directed to: contact@tttsavethereef.org

Association Turn The Tide

FRANCE