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Colorado · Private foundation

Wave Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$82k
Granted FY2024(still arriving)
13
Grants FY2024
12
Organizations funded FY2023
8%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$3,000
Largest grant, FY2024
$20,000
Organizations funded a year
11 to 25
FY2017 to FY2023
States reached, FY2024
7
Total assets, FY2024
$643k
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 8% of the organizations Wave Foundation funded were first-time grantees, receiving 2% of its grant dollars.

New vs renewed · share of each year

In FY2023, 98% of grant dollars renewed an existing relationship; $2k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

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

’18’19’20’21’22’23
EducationArts & CultureRecreation & SportsPhilanthropyHealthHousing & ShelterOther
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 arriving13$82k15%
FY202312$90k8%
FY202216$67k25%
FY202111$40k18%
FY202023$46k39%
FY201925$64k28%
FY201823$80k43%
FY201723$84kn/a
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$174kArts & Culture$111kReligion$50kCommunity Improvement$49kRecreation & Sports$43kPhilanthropy$29kInternational$28kHuman Services$24kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

ME
WA
ID
IL
NY
MA
CT
CA
CO
NE
MO
MD
AR
NC
SC
DC

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 43 grantees
All grantees of Wave Foundation by total granted
GranteeTotal grantedYearsShare of their budget
The Brearley School$115,00070%
First Christian Church$47,9757n/a
Trustees of Deerfield Academy$42,50030%
Santa Barbara Maritime Museum$37,10771%
Leading from Within$31,00034%
Community Arts Music Association of Santa Barbara Inc$27,34060%
United States Fund for Unicef$18,90040%
Safe Place for Youth Inc$17,5004n/a
Los Angeles Philharmonic Association$12,77930%
Women's Fund of Santa Barbara$12,07550%
Project 1 27$10,89070%
Together Women Rise$10,32360%
Sun Valley Writers' Conference Inc$10,10020%
Hope House of Colorado$9,75070%
Music Academy of the West$8,02530%
Ganna Walska Lotusland$7,98040%
Adventure Unlimited$7,17330%
Fund for Santa Barbara Inc$6,00020%
Razias Ray of Hope Foundation$5,00011%
Art Without Limits$5,00013%
Alzheimer's Disease & Related Disorders Association Inc$4,20030%
Melanoma Research Foundation$2,51540%
Christian Heritage Children's Home$2,50010%
Technoserve Inc$2,50010%
Belay Enterprises Inc$2,25030%
Four Winds$2,00010%
Los Angeles Mission Inc$1,70010%
New York City Ballet Inc$1,57420%
Santa Barbara International Film Festival Inc$1,52520%
American National Red Cross & Its Constituent Chapters and Branches$1,50020%
Release Inc$1,50010%
Bellosguardo Foundation Inc$1,30010%
Westmont College$1,14730%
Safe Families for Children Alliance$1,04210%
Save The Children Federation Inc$1,02210%
Global Hope Inc$85010%
Witkids Inc$50010%
Common Ground Committee Inc$47110%
Pasadena Showcase House For The Arts$20010%
National Conflict Resolution Center$20010%
Cold Noses Warm Hearts$10010%
The Morgan Adams Foundation$10010%
Diana Basehart Foundation$10010%

What it could do for these grantees

Plus 15 recipients with no EIN on record ($79k), not named here.

Where it is load-bearing

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

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Brearley School: $115,000 over 7y, 0.0% of budgetTrustees of Deerfield Academy: $42,500 over 3y, 0.0% of budgetSanta Barbara Maritime Museum: $37,107 over 7y, 0.5% of budgetLeading from Within: $31,000 over 3y, 4.5% of budgetCommunity Arts Music Association of Santa Barbara Inc: $27,340 over 6y, 0.5% of budgetUnited States Fund for Unicef: $18,900 over 4y, 0.0% of budgetLos Angeles Philharmonic Association: $12,779 over 3y, 0.0% of budgetWomen's Fund of Santa Barbara: $12,075 over 5y, 0.2% of budgetProject 1 27: $10,890 over 7y, 0.4% of budgetTogether Women Rise: $10,323 over 6y, 0.1% of budgetSun Valley Writers' Conference Inc: $10,100 over 2y, 0.2% of budgetHope House of Colorado: $9,750 over 7y, 0.1% of budgetMusic Academy of the West: $8,025 over 3y, 0.0% of budgetGanna Walska Lotusland: $7,980 over 4y, 0.1% of budgetAdventure Unlimited: $7,173 over 3y, 0.1% of budgetFund for Santa Barbara Inc: $6,000 over 2y, 0.3% of budgetRazias Ray of Hope Foundation: $5,000 over 1y, 0.7% of budgetArt Without Limits: $5,000 over 1y, 2.6% of budgetAlzheimer's Disease & Related Disorders Association Inc: $4,200 over 3y, 0.0% of budgetMelanoma Research Foundation: $2,515 over 4y, 0.0% of budgetChristian Heritage Children's Home: $2,500 over 1y, 0.1% of budgetTechnoserve Inc: $2,500 over 1y, 0.0% of budgetBelay Enterprises Inc: $2,250 over 3y, 0.1% of budgetFour Winds: $2,000 over 1y, 0.1% of budgetLos Angeles Mission Inc: $1,700 over 1y, 0.0% of budgetNew York City Ballet Inc: $1,574 over 2y, 0.0% of budgetSanta Barbara International Film Festival Inc: $1,525 over 2y, 0.0% of budgetAmerican National Red Cross & Its Constituent Chapters and Branches: $1,500 over 2y, 0.0% of budgetRelease Inc: $1,500 over 1y, 0.0% of budgetBellosguardo Foundation Inc: $1,300 over 1y, 0.0% of budgetWestmont College: $1,147 over 3y, 0.0% of budgetSafe Families for Children Alliance: $1,042 over 1y, 0.0% of budgetSave The Children Federation Inc: $1,022 over 1y, 0.0% of budgetGlobal Hope Inc: $850 over 1y, 0.2% of budgetWitkids Inc: $500 over 1y, 0.2% of budgetCommon Ground Committee Inc: $471 over 1y, 0.0% of budgetPasadena Showcase House For The Arts: $200 over 1y, 0.0% of budgetNational Conflict Resolution Center: $200 over 1y, 0.0% of budgetCold Noses Warm Hearts: $100 over 1y, 0.2% of budgetThe Morgan Adams Foundation: $100 over 1y, 0.0% of budgetDiana Basehart Foundation: $100 over 1y, 0.1% 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 41.

Nonprofits that may fit its grantmaking

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.

Www FoundationCA19.8× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Www Foundation · Santa Barbara Foundation · Hutton Foundation Dba Hutton Parker Foundation · The Osherenko-Young Foundation · Brittingham Family Foundation · Ann Jackson Family Foundation · Henry E & Lola Monroe Foundation · Towbes Foundation · Mosher Foundation · The McCune Foundation · The Ayco Charitable Foundation · National Philanthropic Trust

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 Wave Foundation with peer funders

About Wave Foundation

How much does Wave Foundation give?
Wave Foundation reported 13 grants totaling $81,853 in its FY2024 IRS filing. It funded between 11 and 25 organizations a year over FY2017 to FY2023.
What does Wave Foundation fund?
By grant dollars over FY2017 to FY2024, its largest causes are Education (31%), Arts & Culture (20%), Religion (9%).
Who are Wave Foundation's largest grantees?
By total granted over FY2017 to FY2024: The Brearley School ($115k), First Christian Church ($48k), Trustees of Deerfield Academy ($43k).
Does Wave Foundation fund new organizations?
In FY2023, 8% of the organizations it funded were first-time grantees.
Does Wave 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 Wave Foundation?
Its strongest co-funders, measured against what their size predicts, include Www Foundation, Santa Barbara Foundation, Hutton Foundation Dba Hutton Parker Foundation.
Where is Wave Foundation based?
Wave Foundation is based in CO.

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 61 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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