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Maryland · Private foundation

Newwave Foundation

THE NEWWAVE FOUNDATION IS FOCUSED ON ENRICHING LIVES WITH HOPE AND DIGNITY BY PROVIDING ACCESS TO HEALTHCARE AND EDUCATION TO ACHIEVE OUR VISION OF A DECENT QUALITY OF LIFE FOR EVERY PERSON AROUND THE GLOBE. Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own…

$32k
Granted FY2024(still arriving)
7
Grants FY2024
5
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$2,500
Largest grant, FY2024
$11,148
Organizations funded a year
5 to 15
FY2019 to FY2023
States reached, FY2024
3
Total assets, FY2024
$161k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 100% of the organizations Newwave Foundation funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $56k went to new ones.

50%100%’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23
Human ServicesEducationHealthArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving7$32k57%
FY20235$56k100%
FY20225$42k60%
FY202115$66k73%
FY202015$43k93%
FY201914$20kn/a
95% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Education$172kRecreation & Sports$26kCommunity Improvement$17kScience & Tech$8kHealth$8kFood & Nutrition$6kYouth Development$5kHuman Services$3kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

NH
NY
NJ
CT
CA
UT
VA
MD
NC
DC
GA
TX

Top grantees

Largest recipients by total granted, FY2019 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Collegebound Foundation$46,64820%
College Bound Inc$25,50022%
Howard Community College$21,7504n/a
Girls Inspired and Read to Lead Inc$3,0001n/a
Rockville Robotics Inc$2,5001n/a
Granted Foundation$2,00014%
Wheel of Hope Initiative$1,6252n/a
The Arc of Howard County Inc$1,62510%
Think Pgc Inc$1,50011%
Maryland STEM Festival Inc$1,25022%
Show all 20 grantees

Plus 31 recipients with no EIN on record ($143k), not named here.

Where it is load-bearing

Each grantee by its size and the share of its budget Newwave Foundation supplied at peak.

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetCollegebound Foundation: $46,648 over 2y, 0.4% of budgetCollege Bound Inc: $25,500 over 2y, 1.6% of budgetGranted Foundation: $2,000 over 1y, 4.1% of budgetThe Arc of Howard County Inc: $1,625 over 1y, 0.0% of budgetThink Pgc Inc: $1,500 over 1y, 1.4% of budgetMaryland STEM Festival Inc: $1,250 over 2y, 1.6% of budgetHoward Community College Educational Foundation Inc: $1,250 over 1y, 0.0% of budgetAmerican Heart Association Inc: $1,000 over 1y, 0.0% of budgetBitcamp Inc: $1,000 over 1y, 1.6% of budgetUtah Parent Center Inc: $1,000 over 1y, 0.1% of budgetThread Inc: $1,000 over 1y, 0.0% of budgetShare Our Strength: $1,000 over 1y, 0.0% of budgetNational Foundation for the Centers for Disease Control and Prevention Inc: $1,000 over 1y, 0.0% of budgetLeadership Howard County Inc: $1,000 over 1y, 0.2% of budgetFor Inspiration and Recognition of Science and Technology (FIRST): $500 over 1y, 0.0% of budgetZaching Against Cancer Foundation Inc: $40 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 16.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Kahlert Foundation IncMD13.5× affinity4 shared granteesties to 7 of 7Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Kahlert Foundation Inc · Morgan Stanley Global Impact Funding Trust Inc · Paypal Charitable Giving Fund · Network for Good · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Newwave Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Newwave Foundation?

Find your warmest path to Newwave Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Newwave Foundation

How much does Newwave Foundation give?
Newwave Foundation reported 7 grants totaling $31,998 in its FY2024 IRS filing. It funded between 5 and 15 organizations a year over FY2019 to FY2023.
What does Newwave Foundation fund?
By grant dollars over FY2019 to FY2024, its largest causes are Education (66%), Recreation & Sports (10%), Community Improvement (7%).
Who are Newwave Foundation's largest grantees?
By total granted over FY2019 to FY2024: Collegebound Foundation ($47k), College Bound Inc ($26k), Howard Community College ($22k).
Does Newwave Foundation fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Does Newwave Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Newwave Foundation?
Its strongest co-funders, measured against what their size predicts, include The Kahlert Foundation Inc, Morgan Stanley Global Impact Funding Trust Inc, Paypal Charitable Giving Fund.
Where is Newwave Foundation based?
Newwave Foundation is based in MD.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 51 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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