Foundation for a Better World Inc

MARIETTA, GA EIN: 46-2385457 Website

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

+7.1% YoY

Avg Grant Size

$106K

-6.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

New York $7.0M (43%)

California $2.9M (18%)

Ohio $1.8M (11%)

Georgia $943K (6%)

Massachusetts $786K (5%)

District of Columbia $645K (4%)

Florida $624K (4%)

Virginia $453K (3%)

+8 more states

States

California Colorado District of Columbia Florida Georgia Illinois Massachusetts Maine Minnesota New York Ohio Tennessee Texas Utah Virginia Vermont

Cities

ATLANTAAUSTINBARNESVILLEBEALETONBETHELCAMBRIDGECHICAGOCINCINNATICOLD SPRING HARBORDECATURDENVEREDINAGRAFTONLA JOLLAMANHATTAN BEACHMIAMINASHVILLENEW YORKNORTHBROOKPROVO

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Philanthropy, Voluntarism & Grantmaking

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.