Wave Services Inc
Wave Services, inc. Is a supporting organization of pepperdine university.
Wave Services Inc at a glance
- Total assets
- $147,877,725
- -9.0% vs 2024
- Revenue (2025)
- $110,257
- -99.2% vs 2024
- Expenses (2025)
- $345,918
- +978.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Wave Services Inc
Open Grants
3 open opportunities from Wave Services Inc
Award for Excellence in Leadership
Wave Services Inc
Amount
Varies
Deadline
Deadline not published
Stephen D. Davis Award for Scholarly Achievement
Wave Services Inc
Amount
Varies
Deadline
Deadline not published
Waves of Innovation IV
Wave Services Inc
Amount
Up to $150,000
Deadline
Deadline not published
Who Wave Services Inc funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $500K–1M range: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Wave Services Inc gives
- Giving fell 39% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $608K (2023) to $6.8M (2022). In 2023 it made 1 grant totaling $608K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pepperdine University Malibu, CA | Institutional Support | $607,512 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $147,877,725 | $110,257 | $345,918 | — | — | — |
| 2024 | $162,494,218 | $13,692,234 | $32,076 | — | — | — |
| 2023 | $151,588,755 | $20,416,756 | $1,658,372 | $607,512 | 1 | $160,000 |
| 2022 | $134,331,794 | $1,167,234 | $6,828,782 | $6,813,719 | 1 | — |
| 2021 | $157,819,377 | $36,251,844 | $2,109,896 | $2,095,491 | 1 | — |
| 2020 | $70,472,313 | $5,338,126 | $1,007,069 | $993,959 | 1 | — |
| 2019 | $57,609,360 | $506,135 | $1,495,763 | $1,492,210 | 1 | — |
About Wave Services Inc
Based on IRS filings
Wave Services Inc is a public charity focused on Education, based in Malibu, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $147.9M in total assets.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Wave Services Inc is led by Sara Cosentino, President on every filing since 2022; none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sara Cosentino
President
On filings since 2022
1 hr/week
No compensation reported
Jay Welker
Chair
Director → Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Daniel Dewalt
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
James Gash
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
John Lewis
Director
On filings since 2021
1 hr/week
No compensation reported
Diane Carter
Senior Trust Officer
On filings since 2019
5 hrs/week
No compensation reported
Faye Holton
Treasurer
Treasurer → Secretary & Treasurer, 2021
Secretary & Treasurer → Treasurer, 2023
On filings since 2019
5 hrs/week
No compensation reported
Jeffrey Rohde
Secretary
On filings since 2023
1 hr/week
No compensation reported
Susan Christopher
Vice President
On filings since 2023
1 hr/week
No compensation reported
Former officers (14)
- Former: Faye Williams Craddolph (2023–2024) — Director
- Former: Samuel Hinkle (2019–2023) — President
- Former: Andrew K. Benton (2019–2022) — Former Director
- Former: Charles J. Pippin (2019–2022) — Vice President
- Former: Curt Portzel (2019–2022) — Vice President
- Former: Timothy Phillips (2021–2022) — Director
- Former: Harold R. Smethills (2019–2021) — Director
- Former: James R. Porter (2019–2020) — Director
- Former: Joan Singleton (2019–2020) — Secretary, Vice President & CFO
- Former: Joanna Elliott (2019–2020) — Vice President
- Former: B. Joseph Rokus (2019) — Director
- Former: Dennis Torres (2019) — Former Vice President
- Former: Michael Adams (2019) — Former Chairman
- Former: Paul B Lasiter (2019) — Former Secretary, Vice President & CFO
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Wave Services Inc
How large is Wave Services Inc?
Wave Services Inc reported $147.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $110K.
What is Wave Services Inc?
Wave Services Inc is a public charity focused on Education, based in Malibu, CA. It holds $147.9M in total assets as of 2025.
Where does Wave Services Inc operate?
Wave Services Inc has awarded grants in California.
What is Wave Services Inc's EIN?
Wave Services Inc's EIN (Employer Identification Number) is 95-4315778. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS June 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 13, 2024)
- Added Form 990 for fiscal year 2019 (received by the IRS June 22, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Wave Services Inc's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Wave Services Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Wave Services Inc down — hundreds of funders to go?