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.
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
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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 | — | — | — |
| 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 include Collegebound Foundation ($11,148), Collegebound Dc ($10,000), Myles Comfort Foods ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLLEGEBOUND DC WASHINGTON, DC | NWF SCHOLARSHIPS | $10,000 |
| COLLEGEBOUND FOUNDATION BALTIMORE, MD | NWF SCHOLARSHIPS | $11,148 |
| THINK PGC INC WALDORF, MD | SPONSORSHIP | $1,500 |
| KRAVE LLC LORTON, VA | SPONSORSHIP | $2,500 |
| HOWARD COMMUNITY COLLEGE EDUCATIONAL FOUNDATION COLUMBIA, MD | NWF SCHOLARSHIPS | $1,250 |
| WHEEL OF HOPE INITIATIVE BELTSVILLE, MD | SPONSORSHIP | $600 |
| MYLES COMFORT FOODS MCLEAN, VA | SPONSORSHIP | $5,000 |
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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