Better World Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $861K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $109K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$861K
Annual Giving
$5K
Grant Count
2
Avg Grant Size
$3K
Under IRS private-foundation payout rules, Better World Foundation reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Better World Foundation
Based on IRS filings
Better World Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $861K in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $109K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2021 |
|---|---|---|
| Total Assets | $860,761 | $326,510 |
| Revenue | $134,791 | $333,010 |
| Expenses | $33,745 | $6,500 |
| Qualifying Distributions | $15,680 | $6,500 |
| Net Investment Income | $109,316 | $10 |
| Distributable Amount | $39,181 | $1,268 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanguard Charitable Endowment Program ($4,455), Institute for Justice ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INSTITUTE FOR JUSTICE ARLINGTON, VA | General & Unrestricted | $1,000 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM WARWICK, RI | The Giving Fund | $4,455 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Aastha Simes | Co- Pres, Dir | 1 | — |
| Ryan Simes | Dir, Sec, Treas, Co- Pres | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Better World Foundation?
Better World Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $861K in total assets as of 2024.
How large is Better World Foundation?
As of 2024, Better World Foundation holds $861K in total assets with $135K in annual revenue. It awarded 2 grants totaling $5K in 2024.
Where does Better World Foundation operate?
Better World Foundation has awarded grants in Rhode Island, Virginia.
What size grants does Better World Foundation award?
In 2024, Better World Foundation awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Better World Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Better World Foundation reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Better World Foundation's EIN?
Better World Foundation's EIN (Employer Identification Number) is 87-2739879. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Better World Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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