Overview
What is The Wave Foundation?
The Wave Foundation, headquartered in Portland, Oregon, is a nonprofit organization that focuses on promoting healthy and sustainable food systems. By integrating food products from historically underserved fishermen, farmers, and ranchers, particularly from tribal, BIPOC, women, and rural communities, into the food and beverage industry, they aim to advance food sovereignty, equity, and justice goals. In 2022, they launched a marketplace initiative, which gained attention during the White House Conference on Food, Nutrition, & Health. Collaborating with Delaware-North, they supported the inclusion of tribal foods in their services for Yellowstone National Park. With funding from LIV Golf Investments, they developed a guide for tribal producers, created by Sakari Farms, a tribally owned woman-owned business. Through their ongoing food and nutrition relief program, initiated during the COVID-19 pandemic, they distributed over 2,000,000+ meal equivalents to Native American and other BIPOC communities in 2022. Funding for this program came from the State of Washington Department of Agriculture and LIV Golf Investments. In addition to their food-related activities, The Wave Foundation also focuses on strengthening community health, local economies, and environmental sustainability, with their work encompassing sectors such as food, energy, transportation, zero waste, and clean air and water. They hosted an educational event in Portland in September 2022 to raise awareness about their marketplace initiative and serve as a fundraiser for the organization.
Official website here: www.thewavenw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Wave Foundation has received a two-star rating from Charity Navigator, indicating that there are areas that require improvement. With an overall score of 74%, the organization demonstrates strengths in its accountability and financial practices, particularly reflected in its program expense ratio of 96.10%. This suggests a strong focus on directing funds towards its programs rather than administrative costs.
Despite its efforts in some areas, the foundation faces significant weaknesses, particularly regarding its financial transparency. The absence of financial statements has resulted in a score of zero for that category, which raises concerns about how financial resources are managed and reported. Additionally, while the foundation does have a majority of independent board members, the overall size of the independent board is limited.
The organization has implemented several important policies, including conflict of interest and whistleblower policies, which are positive indicators of governance. However, the lack of comprehensive financial documentation may hinder its credibility and trust with potential donors and stakeholders. Overall, while The Wave Foundation has commendable aspects, there are critical areas requiring attention to enhance its operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is The Wave Foundation legitimate?
The Wave Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wave Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thewavenw.org
What is the mission statement of The Wave Foundation?
The Wave Foundation aims to enhance community health, local economies, and environmental sustainability by touching upon several interconnected sectors, including food, energy, transportation, zero waste, and clean air and water. The organization strives to bring tribal, BIPOC, women, and rural produced foods into the food and beverage industry, supporting food sovereignty, equity, and justice goals. In 2022, they established a marketplace initiative featuring food products produced by historically underserved fishers, farmers, and ranchers, which was recognized by the White House during their conference on food, nutrition, and health. They collaborated with Delaware-North to support featuring tribal foods in their services to Yellowstone National Park and supported the distribution of over 2 million meal equivalents to Native American and other BIPOC communities in 2022. The funding for their food relief program came from the State of Washington Department of Agriculture and LIV Golf Investments. The foundation also held an educational event in Portland to raise awareness about their marketplace initiative and served as a fundraiser for the organization.
Official website here: www.thewavenw.org
Who is the CEO of The Wave Foundation?
Justin Zeulner is the President of The Wave Foundation.
Official website here: www.thewavenw.org
What is the revenue of The Wave Foundation?
The Wave Foundation's revenue in 2022 was $691,815.
Official website here: www.thewavenw.org
Who are the executives of The Wave Foundation and what are their salaries?
There 30 volunteers at The Wave Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thewavenw.org
Where can I find the form 990 for The Wave Foundation?
The Wave Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewavenw.org
Learn more at the official website: www.thewavenw.org
Mission Statement of The Wave Foundation
The Wave Foundation, a non-profit organization, is dedicated to enhancing community health, bolstering local economies, and promoting environmental sustainability. The Foundation's work spans various interconnected sectors, including food, energy, transportation, zero waste, and clean air and water.
In the realm of food, the Foundation aims to instigate systemic change within food systems by integrating foods produced by historically underserved groups, such as tribal, BIPOC, women, and rural producers, into the food and beverage industry. This initiative supports food sovereignty, equity, and justice goals. An example of this work is the Marketplace initiative, which enables the food and beverage industry to showcase food products produced by historically underserved fishers, farmers, and ranchers. This initiative was highlighted during the White House Conference on Food, Nutrition, and Health.
Moreover, the Foundation has collaborated with Delaware-North to incorporate tribal foods into their services for Yellowstone National Park. With funding from LIV Golf Investments, the Foundation supported the development of a Tribal Producers Guide, created by Sakari Farms (a tribally owned woman-led business). During the COVID-19 pandemic, the Foundation's ongoing Food and Nutrition Relief program distributed over 2,000,000+ meal equivalents to NW Native and other BIPOC communities in 2022. Funding for this program came from the State of Washington Department of Agriculture and LIV Golf Investments.
In addition, the Foundation organized an educational event in Portland on September 22, 2022, to increase awareness of its Marketplace initiative (featuring tribal and BIPOC speakers) and served as a fundraiser for the organization.
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Impact
July, 2024
The Wave Foundation's impact is significant in strengthening community health, local economies, and environmental sustainability. One key area of impact is in advancing systemic change to food systems by integrating tribal, BIPOC, women, and rural produced foods into the food and beverage operations of the industry. This initiative supports food sovereignty, equity, and justice goals.
In 2022, The Wave Foundation developed a marketplace initiative that enabled the food and beverage industry to feature food products produced by historically underserved fishers, farmers, and ranchers. This initiative was recognized by the White House during their conference on food, nutrition, & health. Additionally, The Wave Foundation collaborated with Delaware-North to support featuring tribal foods in services provided to Yellowstone National Park.
Through funding secured from Liv Golf Investments, The Wave supported the development of a Tribal Producers Guide by Sakari Farms, a tribally-owned woman business. The organization also conducted an educational event in Portland to raise awareness about their marketplace initiative, featuring tribal and BIPOC speakers, which also served as a fundraiser for the organization.
Further, during the ongoing food and nutrition relief program initiated by the COVID-19 pandemic, The Wave Foundation supported the distribution of over 2,000,000 meal equivalents to Northwest Native and other BIPOC communities in 2022. This funding came from the State of Washington Department of Agriculture and Liv Golf Investments.
The Wave Foundation's impact extends beyond food systems to touch upon an array of interrelated sectors including energy, transportation, zero waste, and clean air and water, all contributing to the overall mission of strengthening community health, local economies, and environmental sustainability.
This information is meant to be a general summary of The Wave Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $98
- Gross Receipts: $699,606
Assets and Liabilities:
- Total Assets: $197,390
- Total Liabilities: $0
- Net Assets: $197,390
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Organization Details
Founding Year
2020
Phone
(503) 307-1630Principal Officer
Justin Zeulner
Main Address
13015 NE MORRIS CT, PORTLAND, OR, 97230
Website
www.thewavenw.orgNTEE Category
Code: C60 - Environment
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