Make Waves Foundation

WESTBOROUGH, MA EIN: 81-3732775

Make Waves Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.6M in total assets. In 2023, it awarded 1 grants totaling $20K. Net investment income was $35K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.4% YoY

Annual Giving

$20K

-92.6% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$20K

-70.5% YoY

About Make Waves Foundation

Based on IRS filings

Make Waves Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTBOROUGH, MA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.6M in total assets. In 2023, it awarded 1 grants totaling $20K. Net investment income was $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BaltimoreBostonBraintreeChestnut HillDurhamHyannisLincolnNew YorkWestwood

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$126K$253K$379K$505K2020202120222023
Metric202320222021
Total Assets$1,564,536$1,602,475$1,825,332
Revenue$76,266$131,529$286,578
Expenses$114,205$354,386$459,530
Qualifying Distributions$72,750$313,890$420,178
Net Investment Income$34,811$91,033$247,227
Distributable Amount$148,541$149,837$173,440

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$191K$286K$381K5 grants20208 grants20214 grants20221 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

CAPE COD HEALTHCARE FOUN…$20K

Grant Size Distribution

18 grants across all recorded years

8<$50K3$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

KRISTEN BOOMEREXECUTIVE DIRECTOR$67K

From 2023 filing

NameTitleHoursCompensation
PAMELA J EGANPRESIDENT/TREASURER/MEMBER10
JOHN R EGANVICE PRES./SECRETARY/MEMBE10
JOHN R EGAN JRDIRECTOR10
AMANDA E EGANDIRECTOR10
KATHLEEN T EGANDIRECTOR10
KRISTEN BOOMEREXECUTIVE DIRECTOR30$67,381

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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