Shockwave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $1.0M. Net investment income was $2.0M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+27.3% YoY
Annual Giving
$1.0M
+7.6% YoY
Grant Count
12
+50.0% YoY
Avg Grant Size
$86K
-28.3% YoY
Under IRS private-foundation payout rules, Shockwave Foundation reported a distributable amount of $130K for 2024 — the minimum it must pay out in qualifying distributions.
About Shockwave Foundation
Based on IRS filings
Shockwave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 12 grants totaling $1.0M. Net investment income was $2.0M.
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 | $3,981,479 | $3,126,799 | $3,940,941 |
| Revenue | $2,049,359 | $128,359 | $4,342,920 |
| Expenses | $1,257,487 | $1,181,296 | $747,227 |
| Qualifying Distributions | $1,238,254 | $1,111,267 | $730,908 |
| Net Investment Income | $1,968,600 | $109,332 | $2,283,367 |
| Distributable Amount | $130,339 | $371,962 | $141,208 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Myriad Usa ($183,513), Catholic Relief Services ($100,000), Bloodwater ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MYRIAD USA NEW YORK, NY | SUPPORT FOR AFRICA SAND DAM FOUNDATION AND GLOBAL RESILIENCE PARTNERSHIP | $183,513 |
| CATHOLIC RELIEF SERVICES BALTIMORE, MD | SUPPORT FOR BLUE HARVEST | $100,000 |
| GLOBAL GREENGRANTS FUND INC BOULDER, CO | SUPPORT FOR AGROECOLOGY FUND | $75,000 |
| SAHA GLOBAL NEW YORK, NY | DUGOUTS + CLIMATE STRATEGY | $75,000 |
| BLOODWATER NASHVILLE, TN | SUPPORT EDUCATIONAL DEVELOPMENT ACTIVITIES | $100,000 |
| THE NATURE CONSERVANCY ARLINGTON, VA | SUPPORT AFRICA WATER FUNDS | $100,000 |
| ALLIANCE FOR GLOBAL WATER ADAPTATION CORVALLIS, OR | SUPPORT FOR WINZ | $22,000 |
| GLOBAL DEVELOPMENT INCUBATOR WASHINGTON, DC | TO BUILD STARTUPS AND PARTNERSHIPS DRIVING SOCIAL IMPACT AROUND THE WORLD | $100,000 |
| SEMILLA NUEVA BOISE, ID | SUPPORT FOR THE MISSION TO REDUCE CHRONIC MALNUTRITION | $100,000 |
| WATER FOR PEOPLE GREENWOOD VILLAGE, CO | CLIMATE RESILIENT WASH STUDY | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL TRAINA | DIRECTOR, CHAIR, SECRETARY, TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Shockwave Foundation?
Shockwave Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. It holds $4.0M in total assets as of 2024.
How large is Shockwave Foundation?
As of 2024, Shockwave Foundation holds $4.0M in total assets with $2.0M in annual revenue. It awarded 12 grants totaling $1.0M in 2024.
Where does Shockwave Foundation operate?
Shockwave Foundation has awarded grants in California, Colorado, District of Columbia, Iowa, Idaho, Massachusetts, Maryland, New York, Oregon, Tennessee, Virginia.
What size grants does Shockwave Foundation award?
In 2024, Shockwave Foundation awarded 12 grants totaling $1.0M — an average of about $86K per grant, based on its IRS Form 990 filings.
How much is Shockwave Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Shockwave Foundation reported a distributable amount of $130K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Shockwave Foundation's EIN?
Shockwave Foundation's EIN (Employer Identification Number) is 85-0933937. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Shockwave 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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