Shockwave Foundation
- Assets
- $3.1m
- Revenue
- $128.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-0933937
Organization Overview
Shockwave Foundation is located in San Francisco, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shockwave Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Shockwave Foundation generated $128.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Shockwave Foundation has awarded 17 individual grants totaling $1,908,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $78,017 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,342 |
| Capital Gain Net Income | $50,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $128,359 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51,903 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,798 |
| Printing and publications | $0 |
| Other expenses | $1,399 |
| Total operating and administrative expenses | $223,296 |
| Contributions, gifts, grants paid | $958,000 |
| Total expenses and disbursements | $1,181,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,739 |
| Savings and temporary cash investments | $1,111,554 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $562,173 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,603 |
| Total assets | $3,126,799 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Shockwave Foundation has awarded $958,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
PACIFIC INSTITUTE PURPOSE: SUPPORT FOR A WATER RESILIENT FUTURE | $50,000 |
SEMILLA NUEVA PURPOSE: SUPPORT FOR THE MISSION TO REDUCE CHRONIC MALNUTRITION | $100,000 |
FCDE PURPOSE: SUPPORT FOR BUILDING LOCAL CAPACITY TO LEAD COMMUNITY CHANGE IN RURAL EAST AFRICA | $80,000 |
RODDENBERRY FOUNDATION PURPOSE: TO CO FUND THE +1 GLOBAL FUND FOR FOOD SECURITY PROGRAM | $400,000 |
GLOBAL GREENGRANTS FUND PURPOSE: SUPPORT FOR THE AGROECOLOGY FUND | $75,000 |
GLOBAL DEVELOPMENT INCUBATOR PURPOSE: TO BUILD STARTUPS AND PARTNERSHIPS DRIVING SOCIAL IMPACT AROUND THE WORLD | $100,000 |