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 2022

We Raised

$19.3 million

We Invested

$12.4 million in operating expenses

We Supported

575 Wave-Makers

in college with an average scholarship amount of

$3,300 per student

and one-to-one coaching and financial coaching valued at

$4,700 per student

TOTAL ASSETS

$245 million

This primarily represents Making Waves Academy’s campus and the Foundation’s office

Allocation of Expenses

Pie chart with allocation of expenses - 2% fundraising in dark blue, 17% management/administrative in orange, and 81% program services in light blue
Note: FY22 figures are unaudited

More Information

ABOUT MAKING WAVES FOUNDATION

With a unique focus on college attendance and graduation, Making Waves Foundation supports historically underrepresented and underserved students in pursuing their dreams. Making Waves Academy is a public charter school in Richmond, California, educating early 1,200 students and Making Waves Foundation’s college success program, known as CAP, provides coaching, scholarships, financial literacy, and career support for more than 500 college students as well as a network for more than 600 Wave-Maker alumni.

NEWS AND STORIES THAT ARE MAKING WAVES