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Form 990-PFTax year 2024EIN 47-3938878

Newwave Foundation

A private foundation in Windsor Mill, MD. Its return for tax year 2024 lists 7 grants and $31,998 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $31,998

    Grants listed
    7
    Assets, end of year
    $161,251

  • Tax year 2023

    $56,000

    Grants listed
    5
    Assets, end of year
    $193,922

  • Tax year 2022

    $41,900

    Grants listed
    5
    Assets, end of year
    $294,607

  • Tax year 2021

    $66,325

    Grants listed
    15
    Assets, end of year
    $345,147

  • Tax year 2020

    $42,952

    Grants listed
    15
    Assets, end of year
    $165,098

  • Tax year 2019

    $19,675

    Grants listed
    14
    Assets, end of year
    $36,861

Grants paid in 2024

7 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Collegebound FoundationBaltimore, MD

    NWF scholarships

    $11,148
  2. Collegebound DCWashington, DC

    NWF scholarships

    $10,000
  3. Individual

    Sponsorship

    $5,000
  4. Individual

    Sponsorship

    $2,500
  5. Think PGC IncWaldorf, MD

    Sponsorship

    $1,500
  6. Howard Community College Educational FoundationColumbia, MD

    NWF scholarships

    $1,250
  7. Wheel of Hope InitiativeBeltsville, MD

    Sponsorship

    $600

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $1,50045% of the total
  2. Education1 grant $1,25037% of the total
  3. Public affairs1 grant $60018% of the total

By State

Grants to organizations with a US address, latest year.

  1. Maryland4 grants $14,498
  2. District of Columbia1 grant $10,000

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Sherifah MunisEXECUTIVE DIRECTOR Hours 20Pay $0
  • Darrel FraterMEMBER Hours 1Pay $0
  • Somachi KachikwuMEMBER Hours 1Pay $0
  • Stephanie LottMEMBER Hours 1Pay $0

The return

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