Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in California.
| Position | Total |
|---|---|
Chief Executive Officer 75th to 90th percentile | $318k $347k |
Chief of External Affairs Unclassified | $213k $232k |
Chief Operating Officer Median to 75th percentile | $205k $223k |
Chief Program Officer Median to 75th percentilevs Education peers nationwide | $200k $218k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$119k
Itemized grants
1
Median grant
$119k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MAKING WAVES ACADEMY | RICHMOND, CA | PROVIDE FUNDING FOR THE SCHOOL. | $119k |
Down 34%
from 2022
From $482k in 2022 to $318k in 2023.
Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue fell 13%.
- Chief Operating Officer pay held roughly steady from 2022 to 2023.
- Chief Program Officer pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION
What does the Chief Executive Officer of MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION earn?
In 2023, the Chief Executive Officer of MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION received $318,374 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in California, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION's revenue and expenses?
In 2023, MAKING WAVES FOUNDATION INC AKA MAKING WAVES EDUCATION FOUNDATION reported $23.4M in total revenue and $20.8M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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