Our Financials

We believe financial transparency and accountability are critical and want you to be assured that your donation is being put to the best possible use. If you don’t find what you’re looking for here, please send us an email at finance@making-waves.org and we’ll do our best to answer your questions.

Financials At A Glance

In Fiscal Year 2024

Allocation of Expenses

78%

Program Services

$16,195,446

19%

Management/Administration

$4,040,655

2%

Fundraising

$498,420

WE SUPPORTED

students in college with an average scholarship amount of

$4,000 per student
and one-to-one college, career, and financial coaching valued at

$6,400 per student

WE RAISED

$11.8 million

WE INVESTED

$13.8 million in operating expenses and $5.9 million in non-operating expenses

TOTAL ASSETS

$254.4 million

86% Real Estate Assets (ownership and maintenance related to real estate and facilities, including Making Waves Academy’s campus)

and 14% Other Assets

About Making Waves Education Foundation

At Making Waves, we are committed to educational equity. Making Waves Education Foundation is a Bay Area nonprofit that supports Making Waves Academy – a public charter school with more than 1,100 5th through 12th grade students – and leads college and career programming with more than 430 college students.

Knowing the opportunities that come with a college degree, we partner with historically underrepresented and underserved students to help make college affordable and graduation attainable. Centering the journeys of our students, our personalized approach includes college and career coaching, scholarships, and financial planning.

Our alumni network includes more than 730 college graduates, who earn their degrees and land jobs at more than twice the rate of their first-generation, low-income peers, with 85% graduating debt-free.

Most Wave-Makers graduate debt-free
Your donation supports students
We are committed to educational equity