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
Among its reported 2024 grants, the largest include Cooperative for Education ($600,000), Kipp Metro Atlanta Schools ($250,000), Population Services Intern ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASOPUENTE INTERNATIONAL INC MIAMI, FL | PROGRAM EXPENSES | $150,000 |
| BARNESVILLE HOSPITAL BARNESVILLE, OH | PROGRAM EXPENSES | $102,000 |
| BIPARTISAN POLICY CENTER WASHINGTON, DC | PROGRAM EXPENSES | $50,000 |
| COOPERATIVE FOR EDUCATION CINCINNATI, OH | PROGRAM EXPENSES | $600,000 |
| CREAMOS SCARBOROUGH, ME | PROGRAM EXPENSES | $50,000 |
| CREATE YOUR DREAMS ATLANTA, GA | PROGRAM EXPENSES | $50,000 |
| FOCUS ON TANZANIAN COMMUNITIES WATERTOWN, MA | PROGRAM EXPENSES | $50,000 |
| FUNDACION MARIA Y ANTONIO GOUBAUD CARRERA (FUNDAMAG) | PROGRAM EXPENSES | $40,000 |
| FUNDACION MARIA Y ANTONIO GOUBAUD CARRERA (FUNDAMAG) | PROGRAM EXPENSES | $60,000 |
| FUNDAEMI | PROGRAM EXPENSES | $25,000 |
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
Frequently Asked Questions
What does Foundation for a Better World Inc fund?
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
How do I apply for a grant from Foundation for a Better World Inc?
**Grant Activity:** The foundation made 34 grants in 2023. Typical grant awards range from $10,000 to $600,000. **Recent Grants (2023):** • Cooperative For Education: $500,000 • Gladstone Institutes: $475,000 • KIPP Metro Atlanta Schools: $250,000 **Total Giving:** • 2024: $3,189,580 • 2023: $3,189,580
Where does Foundation for a Better World Inc make grants?
The foundation's grantmaking priorities include the District of Columbia, Ohio, and Massachusetts.
What size grants does Foundation for a Better World Inc award?
In 2024, Foundation for a Better World Inc awarded 30 grants totaling $3.2M — an average of about $106K per grant, based on its IRS Form 990 filings.
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.
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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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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