Foundation for a Better World Inc
Foundation for a Better World Inc is a private foundation based in Marietta, Georgia. It supports neurodegenerative disease research, education, community and economic development, and health and nutrition through charitable grantmaking.
Foundation for a Better World Inc at a glance
In short: Foundation for a Better World Inc gave $3.2M across 30 grants in 2024 (avg $106K), top state Ohio. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,189,580
- +0.6% vs 2023
- Grants made (2024)
- 30
- +7.1% vs 2023
- Average grant
- $106,319
- -6.1% vs 2023
- Median grant
- $50,000
- Total assets
- $246,789,829
- +4.9% vs 2023
- New grantees (estimate)
- 29% first-time grantees (8 of 28, 2024)
- Primary geography
- Ohio (22% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Foundation for a Better World Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 1282 Timberland Drive, Marietta, GA 30067
Phone: (678) 358-5750
Website: https://forabetterworldfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Foundation for a Better World Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cooperative for Education ($600K). Together the top 10 received $2.3M.
Grant Size Distribution
151 grants across all recorded years
The most common grant size was under $50K: 59 grants of 151 (39%).
Geographic Focus
Where this funder awards grants
In 2024, Ohio received 22% of grant dollars, Georgia 11%, California 10%, the District of Columbia 10%, and Massachusetts 7%. These figures describe the distribution of grant dollars by recipient state.
Grant Distribution by State
Share of 2024 grant dollars across all 30 itemized grants.
States
Cities
Is Foundation for a Better World Inc open to new grantees?
29%
first-time grantees, 2024
In 2024, 8 of 28 grantees (29%) were first-time recipients. First grants averaged $91K; repeat grants $123K. How we count
Medians: $63K first-time, $80K repeat.
- 71% of 2024 grantees were also funded in 2023. Method
- Giving fell 49% from 2021 to 2024. Method
- In 2024 it paid out 169% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.4M (2022) to $6.2M (2021). In 2024 it made 30 grants totaling $3.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cooperative for Education Cincinnati, OH | Program Expenses | $600,000 |
| Kipp Metro Atlanta Schools Atlanta, GA | Program Expenses | $250,000 |
| Population Services Intern Washington, DC | Program Expenses | $250,000 |
| The Wikimedia Foundation Inc San Francisco, CA | Program Expenses | $250,000 |
| Iniciativa Guatemala Bealeton, VA | Program Expenses | $200,000 |
| National Multiple Sclerosis Society New York, NY | Program Expenses | $200,000 |
| Asopuente International Inc Miami, FL | Program Expenses | $150,000 |
| Growth Through Learning Cambridge, MA | Program Expenses | $150,000 |
| Urologic Cancer Foundation Nashville, TN | Program Expenses | $120,000 |
| Barnesville Hospital Barnesville, OH | Program Expenses | $102,000 |
Ready to take the next step with Foundation for a Better World Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $246,789,829 | $38,256,280 | $3,837,655 | $3,189,580 | 30 | $19,241,939 | $24,299,750 | $11,384,462 |
| 2023 | $235,351,588 | $47,243,255 | $3,728,152 | $3,169,062 | 28 | $18,978,152 | $36,450,621 | $10,527,821 |
| 2022 | $214,785,908 | $36,797,029 | $2,714,813 | $2,394,500 | 28 | $10,214,813 | $29,178,166 | $9,421,364 |
| 2021 | $167,606,554 | $6,349,362 | $7,767,239 | $6,215,131 | 31 | $7,758,928 | $311 | $7,354,690 |
| 2020 | $129,774,547 | $69,672,559 | $4,650,506 | $4,254,765 | 34 | — | $64,380,792 | $5,422,962 |
Under IRS private-foundation payout rules, Foundation for a Better World Inc reported a distributable amount of $11.4M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation states that it seeks measurable results through charitable donations. Its stated focus areas include advanced medical research to treat and cure neurodegenerative diseases; education, particularly for underprivileged children; community and economic development that strengthens economic security and resilience; and programs to improve health and nutrition for children and vulnerable populations.
Its 2024 grantees illustrate a range of supported work. Cooperative for Education, which received $600,000, says it provides educational improvement and other charitable services to financially stressed communities and education institutions, and educates North Americans about Guatemala. Growth Through Learning, which received $150,000, says it supports education and development in East Africa through secondary-school scholarships for young women in Kenya, Uganda, and Tanzania. Iniciativa Guatemala, which received $200,000, says it works to reduce teen pregnancy, empower youth, and support young mothers in marginalized communities. ASOPUENTE International, which received $150,000, says it works to prevent chronic malnutrition and reduce extreme poverty through women’s skills development in Guatemala.
Other grantees describe work in health and community support. The National Multiple Sclerosis Society, which received $200,000, says it aims to cure MS and empower people affected by it. WINGS, which received $100,000, says it provides financial assistance to cancer patients for treatment-related travel expenses not covered by insurance. Rising Star Outreach, which received $50,000, says it supports people and families affected by leprosy through education, medical care, and community development.
Grantmaking
In 2024, the foundation reported 30 grants totaling $3,189,580. Awards ranged from $10,000 to $600,000, with a median grant of $50,000. In 2023, it reported 28 grants totaling $3,169,062; in 2021, it reported 31 grants totaling $6,215,131.
Among its largest 2024 grants were $600,000 to Cooperative for Education; $250,000 each to KIPP Metro Atlanta Schools, Population Services International, and the Wikimedia Foundation; and $200,000 each to Iniciativa Guatemala and the National Multiple Sclerosis Society. The filing also describes program-related investments for the Alzheimer’s Drug Discovery Foundation and the University of California, San Diego.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Thomas Claugus as director and vice president; Melissa Claugus as director and secretary; Thomas Claugus II as director and treasurer; Gregory Claugus and Michael Claugus as directors; and Adam Hoffman as president. It also lists Kevin Chrisco as program assistant and Isabel Cadena as program coordinator.
Foundation for a Better World Inc is led by Adam Hoffman, President since 2024 (on filings since 2022); 2 of 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Adam Hoffman
President
Program Director → President, 2024
On filings since 2022
25 hrs/week
No compensation reported
Gregory Claugus
Director
On filings since 2020
1 hr/week
No compensation reported
Melissa Claugus
Director & Secretary
On filings since 2020
1 hr/week
No compensation reported
Michael Claugus
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas Claugus
Director & Vice President
On filings since 2020
1 hr/week
No compensation reported
Thomas Claugus II
Director & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Kevin Chrisco
Program Assistant
On filings since 2023
40 hrs/week
$24K (2023) → $71K (2024)
Isabel Cadena
Program Coordinator
New on the 2024 filing
40 hrs/week
$60K (2024)
Former officers (1)
- Former: Beatriz Illescas (2020–2023) — Director & President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $71K, to Kevin Chrisco (Program Assistant). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Foundation for a Better World Inc
How much does Foundation for a Better World Inc give each year?
Foundation for a Better World Inc gave $3.2M across 30 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.2M across 28 grants.
What is Foundation for a Better World Inc's typical grant size?
Foundation for a Better World Inc's median grant in 2024 was $50,000, and its average grant was $106,319, across 30 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Foundation for a Better World Inc that year got $91K on average.
Where does Foundation for a Better World Inc give grants?
Foundation for a Better World Inc's top state is Ohio, with 22% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Georgia (11%) and California (10%). The most frequent recipient cities were Washington, DC (4 grants), Atlanta, GA (3 grants) and San Francisco, CA (2 grants).
Does Foundation for a Better World Inc give general operating support?
Not in 2024: none of the 30 grants with a stated purpose on Foundation for a Better World Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Expenses" (30 grants).
Who are Foundation for a Better World Inc's largest grantees?
Foundation for a Better World Inc's largest 2024 grantees include Cooperative for Education ($600,000), Kipp Metro Atlanta Schools ($250,000) and Population Services Intern ($250,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is Foundation for a Better World Inc?
Foundation for a Better World Inc reported $246.8M in total assets on its 2024 IRS Form 990-PF. It paid out $19.2M in qualifying distributions that year, against a required minimum of $11.4M (roughly 5% of its investment assets).
What does Foundation for a Better World Inc fund?
The foundation states that it seeks measurable results through charitable donations. See mission & focus areas ↑
How do I apply for a grant from Foundation for a Better World Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Foundation for a Better World Inc's EIN?
Foundation for a Better World Inc's EIN (Employer Identification Number) is 46-2385457. IRS Form 990 filing data is available on this page for 2020–2024.
Does Foundation for a Better World Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Added Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2025)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Foundation for a Better World Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Foundation for a Better World Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/foundation-for-a-better-world-inc-morg_a7a2c87769ef41dba1982ab40493ac96
BibTeX
@misc{grantable_462385457_2026,
author = {{Grantable}},
title = {{Foundation for a Better World Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/foundation-for-a-better-world-inc-morg_a7a2c87769ef41dba1982ab40493ac96},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Foundation for a Better World Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Foundation for a Better World Inc down — hundreds of funders to go?