Foundation for a Better World Inc
Foundation for a Better World Inc is a private independent foundation based in Marietta, Georgia. Established in 2013, it holds 501(c)(3) tax-exempt status and operates as a grantmaking organization with no program activities beyond grant distribution.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$3.2M
+0.6% YoY
Grant Count
30
+7.1% YoY
Avg Grant Size
$106K
-6.1% YoY
Mission & Focus Areas
The foundation seeks to support organizations addressing some of the world's greatest challenges in a humane manner. Primary funding focus areas include:
- Neurodegenerative Disease Research
- Education
- Community & Economic Development
- Health & Nutrition
- Human Services
- Poverty Alleviation
Grantmaking
The foundation made 34 grants in 2023. Typical grant awards range from $10,000 to $600,000.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking priorities include the District of Columbia, Ohio, and Massachusetts.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $247,000,000
- 2023: $235,351,588
Revenue:
- 2024: $38,256,280
- 2023: $47,243,255
Expenses:
- 2024: $3,837,655
- 2023: $3,728,152
Liabilities:
- 2024: $0
| Metric | 2024 | 2023 | 2021 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is supported by Thomas Claugus and operates with one employee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS CLAUGUS | DIRECTOR / VICE PRESIDENT | 1 | — |
| MELISSA CLAUGUS | DIRECTOR / SECRETARY | 1 | — |
| THOMAS CLAUGUS II | DIRECTOR / TREASURER | 1 | — |
| GREGORY CLAUGUS | DIRECTOR | 1 | — |
| MICHAEL CLAUGUS | DIRECTOR | 1 | — |
| ADAM HOFFMAN | PRESIDENT | 25 | — |
| KEVIN CHRISCO | PROGRAM ASSISTANT | 40 | $70,542 |
| ISABEL CADENA | PROGRAM COORDINATOR | 40 | $59,500 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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