Private foundation (trust)EIN 473938878Est. 2015-10

NEWWAVE FOUNDATION

WINDSOR MILL, MD 21244

Total Assets

$161K

FY 2024

Annual Giving

$32K

FY 2024

Grants Made

7

FY 2024

Avg Grant

$5K

FY 2024

Grant Range

$600–$11K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$11K

Newwave foundation provides grants to various institutions.

Focus Areas

Public Foundations

Financial Snapshot

2024 filing

Total Revenue

$913

Total Expenses

$147K

Qualifying Distributions

$147K

Distributable Amount

$9K

Min. Investment Return

$9K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $600 through median $3K to maximum $11K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $66K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

47 grants

COLLEGEBOUND FOUNDATION
$58K
3 grants
CollegeBound
$39K
2 grants
COLLEGEBOUND DC
$34K
3 grants
HOWARD COMMUNITY COLLEGE
$19K
3 grants
LESLIE WINSTON III
$15K
1 grant
TANIA CHACKUMKAL
$10K
1 grant
EXTA LLC
$10K
1 grant
MYLES COMFORT FOODS
$5K
1 grant

Grant Size Distribution

47 grants

<$10K
39
grants
$10–50K
8
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

11 states

Maryland
$111K
47% of total
District of Columbia
$75K
32% of total
Virginia
$27K
11% of total
New York
$10K
4% of total
California
$4K
1% of total
Georgia
$4K
1% of total
North Carolina
$3K
1% of total
Texas
$2K
1% of total
Connecticut
$1K
0% of total
Utah
$1K
0% of total

+1 more states

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