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Filing year 2024

FUTURE WAVE FOUNDATION

Redondo Beach, California·EIN 85-3256055·NTEE T50 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$233k
Total assets
$1.9M
Total expenses
$139k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. FUTURE WAVE FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Secretary
C.f.o.
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FUTURE WAVE FOUNDATION equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$15k

Itemized grants

2

Median grant

$7k

RecipientLocationPurposeAmount
SoLa I CAN Foundation LA RamsLos Angeles, CACONTRIBUTION$11k
Financial trend

Revenue and expenses over time

FUTURE WAVE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$135k
$314k
2023
$233k
$139k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in California

FUTURE WAVE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in California earns a median of $60,111.

25th percentile
$18k
Median
$60,111
75th percentile
$150k
90th percentile
$291k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,889 organizations across 1,889 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for California

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FAQ

Common questions about FUTURE WAVE FOUNDATION

What are FUTURE WAVE FOUNDATION's revenue and expenses?

In 2024, FUTURE WAVE FOUNDATION reported $233k in total revenue and $139k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.