Newwave Foundation
Newwave Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WINDSOR MILL, MD. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $32K.
Key facts about Newwave Foundation
- EIN
- 47-3938878
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $31,998
- Grants made (2024)
- 7
- Average grant
- $4,571
- Median grant
- $2,500
- Primary geography
- Maryland (45% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Newwave Foundation funds
By grant dollars, the top recipient states for Newwave Foundation's 7 itemized 2024 grants were Maryland (45%), District of Columbia (31%) and Virginia (23%). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Sponsorship" (4 grants) and "Nwf Scholarships" (3 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$32K
-42.9% YoY
Grant Count
7
+40.0% YoY
Avg Grant Size
$5K
-59.2% YoY
About Newwave Foundation
Based on IRS filings
Newwave Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WINDSOR MILL, MD. IRS filing data is available from 2020 through 2024. In 2024, it awarded 7 grants totaling $32K.
Focus Areas
Ready to take the next step with Newwave Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 7 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Collegebound Foundation ($11,148), Collegebound Dc ($10,000), Myles Comfort Foods ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLLEGEBOUND FOUNDATION BALTIMORE, MD | NWF SCHOLARSHIPS | $11,148 |
| COLLEGEBOUND DC WASHINGTON, DC | NWF SCHOLARSHIPS | $10,000 |
| MYLES COMFORT FOODS MCLEAN, VA | SPONSORSHIP | $5,000 |
| KRAVE LLC LORTON, VA | SPONSORSHIP | $2,500 |
| THINK PGC INC WALDORF, MD | SPONSORSHIP | $1,500 |
| HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION COLUMBIA, MD | NWF SCHOLARSHIPS | $1,250 |
| WHEEL OF HOPE INITIATIVE BELTSVILLE, MD | SPONSORSHIP | $600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHERIFAH MUNIS | EXECUTIVE DIRECTOR | 20 | — |
| DARREL FRATER | MEMBER | 1 | — |
| SOMACHI KACHIKWU | MEMBER | 1 | — |
| STEPHANIE LOTT | MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Newwave Foundation?
Newwave Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in WINDSOR MILL, MD. It holds — in total assets as of 2024.
Where does Newwave Foundation operate?
Newwave Foundation has awarded grants in California, Connecticut, District of Columbia, Georgia, Maryland, North Carolina, New Jersey, New York, Texas, Utah, Virginia.
What size grants does Newwave Foundation award?
In 2024, Newwave Foundation awarded 7 grants totaling $32K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Newwave Foundation's EIN?
Newwave Foundation's EIN (Employer Identification Number) is 47-3938878. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Newwave Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
Gs Donor Advised Philanthropy Fund
NEW YORK, NY
Assets
$12.7B
Grants
7,424
Total Given
$3.0B
The Winston-Salem Foundation
WINSTONSALEM, NC
Assets
$630.1M
Grants
823
Total Given
$88.8M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Wr Grace Foundation Inc
COLUMBIA, MD
Assets
$468K
Grants
102
Total Given
$1.3M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Raymond James Charitable Endowment Fund
ST PETERSBURG, FL
Assets
$2.4B
Grants
5,350
Total Given
$151.3M
Johns Hopkins University
BALTIMORE, MD
Assets
$23.0B
Grants
757
Total Given
$467.3M
Edward St John Foundation Inc
BALTIMORE, MD
Assets
$105K
Grants
74
Total Given
$326K
The Rockefeller Foundation
NEW YORK, NY
Assets
$6.4B
Grants
381
Total Given
$233.2M
Select Equity Group Foundation
NEW YORK, NY
Assets
—
Grants
854
Total Given
$7.3M
More Funders in Maryland
Data last updated April 2026. Sourced from IRS Form 990-PF filings.