NEWWAVE FOUNDATION INC
https://newwave-foundation.org/Total Given 2019–2024
$239K
48 grants · $40K avg/year
based on 6 yrs of IRS 990-PF records on file
<$100K/yr
micro funder
capacity
$2K
typical micro grants · $1K–$10K
grant size
9%
transactional · 4/43 multi-year
repeat
$345K
Assets · 2021
43
Distinct recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Contact Person
Fair Lakes Youth
Phone
3143900220
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2019 | $100 | $37K | $51K | 1 |
| 2020 | $43K | $165K | $176K | 15 |
| 2021 | $66K | $345K | $295K | 15 |
| 2022 | $42K | $295K | $42K | 5 |
| 2023 | $56K | $194K | $10K | 5 |
| 2024 | $32K | $161K | $913 | 7 |
Grant Size Distribution
Based on 48 grants on record
Minimum
$40
25th Pctl
$1K
Median
$2K
Average
$5K
75th Pctl
$10K
Maximum
$36K
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| SHERIFAH MUNIS | EXECUTIVE DIRECTOR | — |
| STEPHANIE LOTT | MEMBER | — |
| SOMACHI KACHIKWU | MEMBER | — |
| DARREL FRATER | MEMBER | — |
| PATRICK B MUNIS | MEMBER | — |
| CYNTHIA CHARCHI | MEMBER | — |
| PADMANABHAN SESHAIYER | MEMBER | — |
Grants Awarded (48 total)
| Purpose | ||||
|---|---|---|---|---|
| COLLEGEBOUND FOUNDATION | BALTIMORE, MD | $35,500 | NWF SCHOLARSHIPS | 2023 |
| CollegeBound | Baltimore, MD | $23,000 | Scholarship | 2021 |
| CollegeBound | NW Washington, DC | $16,000 | NWF Scholarship | 2020 |
| LESLIE WINSTON III | RICHMOND, VA | $15,000 | NWF PITCH PERFECT AWARD | 2022 |
| COLLEGEBOUND DC | WASHINGTON, DC | $14,000 | NWF SCHOLARSHIPS | 2023 |
| COLLEGEBOUND FOUNDATION | WASHINGTON, DC | $11,500 | NWF SCHOLARSHIPS | 2022 |
| COLLEGEBOUND FOUNDATION | BALTIMORE, MD | $11,148 | NWF SCHOLARSHIPS | 2024 |
| Howard Community College | Columbia, MD | $10,750 | NWF Scholarship | 2020 |
| EXTA LLC | Washington, DC | $10,000 | Grant from business pitch competition | 2021 |
| TANIA CHACKUMKAL | BROOKLYN, NY | $10,000 | NWF PITCH PERFECT AWARD | 2022 |
| COLLEGEBOUND DC | WASHINGTON, DC | $10,000 | NWF SCHOLARSHIPS | 2024 |
| CollegeBound DC | NW Washington, DC | $9,500 | NWF Scholarships | 2021 |
| Howard Community College | Columbia, MD | $5,000 | NWF Scholarship | 2021 |
| MYLES COMFORT FOODS | MCLEAN, VA | $5,000 | SPONSORSHIP | 2024 |
| Project Search | Ellicott City, MD | $4,875 | Scholarship | 2021 |
| VENTURE FOR THEM | TEMPLE HILLS, MD | $3,500 | SPONSORSHIP | 2023 |
| HOWARD COMMUNITY COLLEGE | COLUMBIA, MD | $3,500 | SCHOLARSHIP | 2022 |
| Morgan State | Baltimore, MD | $2,500 | Donation for Scholarships to MSU Foundation | 2020 |
| Redeemers Community Development | Silver Spring, MD | $2,500 | Business Pitch Competition Sponsorship | 2021 |
| Haiti Relief Initiative | Marietta, GA | $2,500 | Donation for Haiti Relief Initiative | 2021 |
| Vaila Shoes LLC | Charlotte, NC | $2,500 | Grant from business pitch competition | 2021 |
| KRAVE LLC | LORTON, VA | $2,500 | SPONSORSHIP | 2024 |
| Wheatley Education Campus | Washington, DC | $2,250 | General operating support | 2020 |
| Q-TECH INNOVATIONS | DALLAS, TX | $2,000 | SPONSORSHIP | 2023 |
| SYC Soccer Team | Lorton, VA | $1,900 | Scholarship | 2021 |