Making Waves Foundation Inc is a private foundation focused on Education, based in RICHMOND, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $254.4M in total assets. In 2024, it awarded 1 grants totaling $119K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$254.4M
+1.0% YoY
Annual Giving
$119K
-37.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$119K
-37.9% YoY
About Making Waves Foundation Inc
Based on IRS filings
Making Waves Foundation Inc is a private foundation focused on Education, based in RICHMOND, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $254.4M in total assets. In 2024, it awarded 1 grants totaling $119K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $254,404,088 | $252,006,095 | $246,520,948 |
| Revenue | $23,444,545 | $26,832,934 | $31,756,669 |
| Expenses | $20,840,578 | $21,053,227 | $19,032,804 |
| Qualifying Distributions | $13,765,690 | $18,906,874 | $24,018,438 |
| Net Investment Income | — | — | $3,385,374 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Making Waves Academy ($118,957).
| Recipient | Purpose | Amount |
|---|---|---|
| MAKING WAVES ACADEMY RICHMOND, CA | PROVIDE FUNDING FOR THE SCHOOL. | $118,957 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK O'DONNELL | CHIEF EXECUTIVE OFFICER | 40 | $318,374 |
| ERICK ROA | CHIEF OPERATING OFFICER | 40 | $205,083 |
| ALLISON LEILANI HOLTON | CHIEF OF EXTERNAL AFFAIRS | 40 | $212,755 |
| AIYANA MOURTOS | CHIEF PROGRAM OFFICER | 40 | $199,903 |
| JOHN H SCULLY | CO-CHAIR | 2 | — |
| REGINA SCULLY | CO-CHAIR | 2 | — |
| ELI J WEINBERG | VICE PRESIDENT | 2 | — |
| RONALD A COHAN | SECRETARY | 2 | — |
| DERRICK BOLTON | DIRECTOR | 2 | — |
| THERESA FAY-BUSTILLOS | DIRECTOR | 2 | — |
| AJANI JACKSON | DIRECTOR | 2 | — |
| PHILLIP GORDON | DIRECTOR | 2 | — |
| SID LANDMAN | DIRECTOR | 2 | — |
| ALICIA MALET KLEIN | DIRECTOR | 2 | — |
| LORI KULVIN CRAWFORD | DIRECTOR | 2 | — |
| STEVE BLASS | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Making Waves Foundation Inc?
Making Waves Foundation Inc is a private foundation focused on Education, based in RICHMOND, CA. It holds $254.4M in total assets as of 2024.
How large is Making Waves Foundation Inc?
As of 2024, Making Waves Foundation Inc holds $254.4M in total assets with $23.4M in annual revenue. It awarded 1 grants totaling $119K in 2024.
Where does Making Waves Foundation Inc operate?
Making Waves Foundation Inc has awarded grants in California.
What size grants does Making Waves Foundation Inc award?
In 2024, Making Waves Foundation Inc awarded 1 grants totaling $119K — an average of about $119K per grant, based on its IRS Form 990 filings.
What is Making Waves Foundation Inc's EIN?
Making Waves Foundation Inc's EIN (Employer Identification Number) is 68-0204312. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Making Waves Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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