Nonprofit · EIN 68-0204312
MAKING WAVES FOUNDATION INC
Tax-exempt · RICHMOND, CA 94806
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $19,058,104 | $19,295,816 | -$237,712 | $255,646,569 | $34,388,972 | $221,257,597 |
| June 30, 2024 | 990-PF | $23,444,545 | $20,840,578 | $2,603,967 | $254,404,088 | $34,913,869 | $219,490,219 |
| June 30, 2023 | 990-PF | $26,832,934 | $21,053,227 | $5,779,707 | $252,006,095 | $37,689,150 | $214,316,945 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,949,944
- Dividends
- $1,342,738
- Net rental income
- $674,672
- Net gain from sales of assets
- $3,003,508
- Other income
- $2,087,242
Expenses
- Grants and similar amounts paid
- $100,995
- Compensation of officers, directors and key employees
- $1,094,459
- Salaries, compensation and benefits (total)
- $3,720,401
- Disbursements for charitable purposes
- $10,107,784
Balance sheet and other
- Total assets, start of year
- $254,404,088
- Total assets, end of year
- $255,646,569
- Total liabilities, end of year
- $34,388,972
- Net assets, end of year
- $221,257,597
- Fair market value of assets
- $263,636,426
- Qualifying distributions
- $10,107,784
- Net investment income
- $7,115,280
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK O'DONNELL 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF EXECUTIVE OFFICER | 40 | $320,182 | $15,831 |
| ALLISON LEILANI HOLTON 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF OF EXTERNAL AFFAIRS | 40 | $234,405 | $19,091 |
| AIYANA MOURTOS 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF PROGRAM OFFICER | 40 | $226,249 | $22,691 |
| ERICK ROA 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF OPERATING OFFICER | 40 | $225,229 | $30,781 |
| SIOBHAN MCCARTHY 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF FINANCIA Highest-paid employee | 40 | $172,644 | $26,336 |
| JON SIAPNO 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF PRODUCT Highest-paid employee | 40 | $171,914 | $18,518 |
| KRISTINA WRIGHT 3045 RESEARCH DR, RICHMOND, CA 94806 | SENIOR COLLEGE COACH Highest-paid employee | 40 | $167,239 | $18,409 |
| BONNIE SHEA 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF MARKETIN Highest-paid employee | 40 | $166,475 | $21,515 |
| JACQUELINE HU 3045 RESEARCH DR, RICHMOND, CA 94806 | CONTROLLER Highest-paid employee | 40 | $151,846 | $22,058 |
| JOHN H SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | CO-CHAIR | 2 | $0 | $0 |
| REGINA SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | CO-CHAIR | 2 | $0 | $0 |
| ALICIA MALET KLEIN 3045 RESEARCH DR, RICHMOND, CA 94806 | PRESIDENT | 2 | $0 | $0 |
| ELI J WEINBERG 3045 RESEARCH DR, RICHMOND, CA 94806 | VICE PRESIDENT | 2 | $0 | $0 |
| RONALD A COHAN 3045 RESEARCH DR, RICHMOND, CA 94806 | SECRETARY | 2 | $0 | $0 |
| DERRICK BOLTON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THERESA FAY-BUSTILLOS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| AJANI JACKSON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| PHILLIP GORDON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| SID LANDMAN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| LORI KULVIN CRAWFORD 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| STEVE BLASS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| AUDREY WISCH 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| BRENDA QUINTANILLA 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| ELISSA SALAS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
| LEELA DE SOUZA BRANSTEN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 |
990-PF for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK O'DONNELL 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF EXECUTIVE OFFICER | 40 | $318,374 | $25,224 |
| LUONG TRAN 3045 RESEARCH DR, RICHMOND, CA 94806 | IT MANAGER Highest-paid employee | 40 | $231,523 | $26,395 |
| ALLISON LEILANI HOLTON 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF OF EXTERNAL AFFAIRS | 40 | $212,755 | $12,107 |
| ERICK ROA 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF OPERATING OFFICER | 40 | $205,083 | $25,114 |
| AIYANA MOURTOS 3046 RESEARCH DR, RICHMOND, CA 94807 | CHIEF PROGRAM OFFICER | 40 | $199,903 | $18,617 |
| CORINA GARCIA 3045 RESEARCH DR, RICHMOND, CA 94806 | PROPERTY MANAGER - W Highest-paid employee | 40 | $194,850 | $13,125 |
| JON SIAPNO 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF PRODUCT Highest-paid employee | 40 | $153,144 | $19,478 |
| BONNIE SHEA 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF MARKETIN Highest-paid employee | 40 | $149,634 | $20,473 |
| JACQUELINE HU 3045 RESEARCH DR, RICHMOND, CA 94806 | CONTROLLER Highest-paid employee | 40 | $149,487 | $20,586 |
| JOHN H SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | CO-CHAIR | 2 | $0 | $0 |
| REGINA SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | CO-CHAIR | 2 | $0 | $0 |
| ELI J WEINBERG 3045 RESEARCH DR, RICHMOND, CA 94806 | VICE PRESIDENT | 2 | $0 | $0 |
| RONALD A COHAN 3045 RESEARCH DR, RICHMOND, CA 94806 | SECRETARY | 2 | $0 | $0 |
| DERRICK BOLTON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| THERESA FAY-BUSTILLOS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| AJANI JACKSON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| PHILLIP GORDON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| SID LANDMAN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| ALICIA MALET KLEIN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| LORI KULVIN CRAWFORD 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| STEVE BLASS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
990-PF for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA FRIES 3045 RESEARCH DR, RICHMOND, CA 94806 | ED OF COLLEGE & ALUMNI PROGRAMS | 40 | $482,384 | $11,139 |
| PATRICK O'DONNELL 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF EXECUTIVE OFFICER | 40 | $304,159 | $27,080 |
| FRANK LUCIDO 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF INFORMAT Highest-paid employee | 40 | $249,296 | $29,910 |
| ERICK ROA 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF OPERATING OFFICER | 40 | $204,736 | $20,633 |
| AIYANA MOURTOS 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF PROGRAM OFFICER | 40 | $194,770 | $12,942 |
| CAREY ASH 3045 RESEARCH DR, RICHMOND, CA 94806 | VP OF COMMUNITY DEVE Highest-paid employee | 40 | $180,876 | $14,902 |
| SIOBHAN MCCARTHY 3045 RESEARCH DR, RICHMOND, CA 94806 | DIR. OF FINANCIAL PL Highest-paid employee | 40 | $167,314 | $18,760 |
| JANE CHOI 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF FINANCE/STRATEGY OFFICER | 40 | $165,425 | $10,550 |
| JON SIAPNO 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR OF PRODUCT Highest-paid employee | 40 | $145,418 | $13,333 |
| LUONG TRAN 3045 RESEARCH DR, RICHMOND, CA 94806 | IT MANAGER Highest-paid employee | 40 | $143,961 | $28,688 |
| DARCY DEMING 3045 RESEARCH DR, RICHMOND, CA 94806 | CHIEF ADVANCEMENT OFFICER | 40 | $0 | $0 |
| JOHN H SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | CHAIRMAN | 2 | $0 | $0 |
| MICHAEL YUEN 3045 RESEARCH DR, RICHMOND, CA 94806 | VICE CHAIR | 2 | $0 | $0 |
| RONALD A COHAN 3045 RESEARCH DR, RICHMOND, CA 94806 | SECRETARY | 2 | $0 | $0 |
| JONATHAN STERN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| PHILLIP GORDON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| ALICIA MALET KLEIN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| AJANI JACKSON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| ELI J WEINBERG 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| REGINA SCULLY 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| THERESA FAY-BUSTILLOS 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| DERRICK BOLTON 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| SID LANDMAN 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
| LORI CRAWFORD 3045 RESEARCH DR, RICHMOND, CA 94806 | DIRECTOR | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3045 RESEARCH DR, RICHMOND, CA 94806-5206
- Signed the 990-PF
- SIOBHAN MCCARTHY, DIR. FINANCIAL PLANNING & ANALYSIS
- Phone
- (510) 375-7328
- Website
- WWW.MAKING-WAVES.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 68-0204312 or by the name MAKING WAVES FOUNDATION INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 68-0204312
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $255,646,569
- Income (IRS master file)
- $23,546,739
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $19,058,104 | $19,295,816 | $255,646,569 | XML |
| 990-PF | June 2024 | $23,444,545 | $20,840,578 | $254,404,088 | IRS |
| 990-PF | June 2023 | $26,832,934 | $21,053,227 | $252,006,095 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2020 | – | – | – | IRS |
| 990-PF | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 68-0204312).
Questions about MAKING WAVES FOUNDATION INC
- What is the EIN of MAKING WAVES FOUNDATION INC?
- The employer identification number (EIN) of MAKING WAVES FOUNDATION INC is 68-0204312.
- Is MAKING WAVES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to MAKING WAVES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does MAKING WAVES FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MAKING WAVES FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAKING WAVES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of MAKING WAVES FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 25 people; 9 received compensation from the organization, the highest $320,182 (PATRICK O'DONNELL, CHIEF EXECUTIVE OFFICER).
- How much revenue does MAKING WAVES FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $19,058,104, expenses of $19,295,816 and total assets of $255,646,569 at year end.
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