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Filing year 2024

NEWWAVE FOUNDATION

Windsor Mill, Maryland·EIN 47-3938878·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$913
Total assets
$161k
Total expenses
$147k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. NEWWAVE FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Executive Director
Member
Member
Member

Grants paid

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

Total granted

$32k

Itemized grants

7

Median grant

$3k

RecipientLocationPurposeAmount
COLLEGEBOUND FOUNDATIONBALTIMORE, MDNWF SCHOLARSHIPS$11k
COLLEGEBOUND DCWASHINGTON, DCNWF SCHOLARSHIPS$10k
THINK PGC INCWALDORF, MDSPONSORSHIP$2k
HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATIONCOLUMBIA, MDNWF SCHOLARSHIPS$1k
WHEEL OF HOPE INITIATIVEBELTSVILLE, MDSPONSORSHIP$600
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

NEWWAVE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$10k
$110k
2023
$913
$147k
2024
Total revenue and total expenses from IRS Form 990 filings.

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

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maryland

NEWWAVE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maryland earns a median of $40,778.

25th percentile
$12k
Median
$40,778
75th percentile
$115k
90th percentile
$207k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 389 organizations across 389 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maryland
FAQ

Common questions about NEWWAVE FOUNDATION

What are NEWWAVE FOUNDATION's revenue and expenses?

In 2024, NEWWAVE FOUNDATION reported $913 in total revenue and $147k in total expenses on its IRS Form 990.

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