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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.

$32k
Granted FY2024still arriving
7
Grants FY2024still arriving
3
States reached
$11k
Largest
01What it funds
0195% 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
02FY2024 · 7 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k5 grants · $11k
  • $10k–50k2 grants · $21k
$2,500
Median grant
3
States reached
$161k
Total assets
Largest grants
RecipientAmount
COLLEGEBOUND FOUNDATION$11,148
COLLEGEBOUND DC$10,000
MYLES COMFORT FOODS$5,000
KRAVE LLC$2,500
THINK PGC INC$1,500
HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION$1,250
WHEEL OF HOPE INITIATIVE$600
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY20–21, $3k) land where the poverty rate runs at 6%, against an area that typically sits at 8%. 0% of those dollars go to grantees based in above-average-need neighborhoods. Its grants skew toward lower-need ZIPs.

area typical 8%Utah Parent Center: $1k → 8%The Arc of Howard County Inc: $2k → 6%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NH
NY
NJ
CT
CA
UT
VA
MD
NC
DC
GA
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

58%of every dollar goes to organizations it has funded before.
$150k · 8 repeat orgs$109k to everyone else

Grantees it renews have grown median revenue +24% since the first grant, against -17% for those funded once.

8 repeat relationships: 3 still active in FY2024, 5 since wound down; 4 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

8
39

Total granted

$150k
$98k

Median revenue growth · since first grant

+24%
-17%

Still filing today

38%
28%

New vs renewed · share of each year

In FY2024, 68% of grant dollars renewed an existing relationship; $10k went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

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

’19’20’21’22’23’24
Youth DevelopmentScience & TechEducationHuman ServicesRecreation & SportsPublic BenefitOther
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.

Backed again, and grew

  • CF
    COLLEGEBOUND FOUNDATION
    2× · 2023–2024 · $47k · revenue -3%
  • C
    CollegeBound
    2× · 2019–2021 · $26k
  • CB
    COLLEGE BOUND INC
    2× · 2020–2021 · $26k · revenue +24%

Funded once

  • IG
    Individual grant recipient
    one grant, 2022 · $15k
  • CF
    COLLEGEBOUND FOUNDATION
    one grant, 2022 · $12k
  • IG
    Individual grant recipient
    one grant, 2022 · $10k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Girls in Stem
Human Services
2
Howard Hughes Medical Institute

The mission of the institute has remained constant since its founding in 1953. as its restated articles of incorporation state the primary purpose and objective of the howard hughes medical institute shall be the promotion of human…

Health
3
National Science and Technology Medals Foundation Inc

The nstmf's mission is to build inclusive stem communities across the united states. fundamental to these communities are the significant, inspirational connections we foster between the individuals who have received national recognition…

—
4
Strategic Education Research Partnership Institute

The strategic education research partnership generates innovative, scalable solutions to our schools' most pressing problems through sustained collaborations among researchers, practitioners, and designers. we work to increase equity,…

Science & Tech
5
Winners Circle Xr Academy Inc

Empowering underserved students with access to advanced technology and dynamic educational STEAM Science Technology Engineering Arts and Mathematics programs and competitions to develop critical skills for the future.

Education
6
Latinas Leading Tomorrow

Connect and expose Latinas to opportunities that enrich their future through education mentoring and leadership development.

Human Services
7
Business - Higher Education Forum

The business-higher education forum is a national network that connects corporate and college leaders to identify and build the talent solutions that address priority talent needs for employers and the american economy. corporate…

Education
8
Harmony Dc Public Charter Schools

The mission of the charter school is to prepare students for higher learning in a safe, caring, and collaborative atmosphere through a quality learner-centered educational program with a strong emphasis on science, technology, engineering,…

Education
9
Walton Robotics Foundation

To help students develop personal and professional skills, inspire students to pursue careers in science, technology and mathematics (stem), and promote stem as a fun and rewarding pathway to a bright future

Youth Development
10
The Broad Institute Inc

The mission of the broad institute is to propel progress in biomedicine, through research aimed at the understanding and treatment of disease and the dissemination of scientific knowledge to the scientific community to benefit the public.…

Health
11
P31Girls Incorporated

youth educational and enrichment programs for girls

Youth Development
12
Stem Advantage

Talent is equally distributed, but opportunity is not. STEM Advantage mentors, prepares, and inspires first-generation, low-income, and underserved college students for careers in science, technology, engineering, and math (STEM). We level…

Youth Development
How this is measured
The grantee most central to the portfolio’s shape is Thread Inc; the most unlike its peers is Bitcamp Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

18 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 18 of the 51 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
3
Early backer (in before they grew)
16/18
Grantees still filing
8/18
Grew since first funded

Where the money sits, by cause and then by grantee

COLLEGEBOUND FOUNDATION: $46,648 · OtherCOLLEGEBOUND FOUNDATIONCollegeBound: $26,000 · OtherCollegeBoundCOLLEGEBOUND DC: $24,000 · OtherCOLLEGEBOUND DCHOWARD COMMUNITY COLLEGE: $21,750 · OtherHOWARD COMMUNITY COLLEGEIndividual grant recipient: $15,000 · OtherIndividual grant recipientCOLLEGEBOUND FOUNDATION: $11,500 · OtherIndividual grant recipient: $10,000 · OtherEXTA LLC: $10,000 · Other+32 more: $53,827 · Other+32 moreCOLLEGE BOUND INC: $25,500 · EducationCOLLEGE BOU…HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC: $1,250 · EducationGIRLS INSPIRED AND READ TO LEAD INC: $3,000 · Youth DevelopmentROCKVILLE ROBOTICS INC: $2,500 · Youth DevelopmentTHREAD INC: $1,000 · Youth DevelopmentTHE ARC OF HOWARD COUNTY INC: $1,625 · Human ServicesUtah Parent Center Inc: $1,000 · Human ServicesTHINK PGC INC: $1,500 · PhilanthropyBitcamp Inc: $1,000 · Science & TechFor Inspiration and Recognition of Science and Technology (FIRST): $500 · Science & TechMaryland STEM Festival Inc: $1,250 · Recreation & Sports
Other$218,725Education$26,750Youth Development$6,500Human Services$2,625Philanthropy$1,500Science & Tech$1,500Recreation & Sports$1,250

Each grantee by its size and the funder’s share of it; top left is load-bearing

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
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds COLLEGEBOUND FOUNDATION ↗
  • Who funds COLLEGE BOUND INC ↗
  • Who funds GIRLS INSPIRED AND READ TO LEAD INC ↗
  • Who funds ROCKVILLE ROBOTICS INC ↗
  • Who funds Granted Foundation ↗
  • Who funds THE ARC OF HOWARD COUNTY INC ↗
  • Who funds THINK PGC INC ↗
  • Who funds Maryland STEM Festival Inc ↗
  • Who funds HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC ↗
  • Who funds American Heart Association Inc ↗
  • Who funds Bitcamp Inc ↗
  • Who funds Utah Parent Center Inc ↗
  • Who funds THREAD INC ↗
  • Who funds SHARE OUR STRENGTH ↗
  • Who funds NATIONAL FOUNDATION FOR THE CENTERS FOR DISEASE CONTROL AND PREVENTION INC ↗

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.

How much its grantees rely on government

Each dot is one organization Newwave Foundation funds: left to right is the share of its income from government, bottom to top the share from Newwave Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 70%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 12%
  • Thread Inc: 12% of income from government
no gov moneyreceives it· size = income
7get no government money at all
2report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

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.

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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