Foundation for a Better World Inc
Foundation for a Better World Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESAPEAKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it made $5K in qualifying distributions. Net investment income was $114.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2K
-60.1% YoY
Revenue
$5K
+2620.2% YoY
Qualifying Distributions
$5K
Expenses
$7K
+34.9% YoY
About Foundation for a Better World Inc
Based on IRS filings
Foundation for a Better World Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESAPEAKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it made $5K in qualifying distributions. Net investment income was $114.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,539 | $3,853 | $9,171 |
| Revenue | $5,114 | $188 | $36 |
| Expenses | $7,428 | $5,506 | $525 |
| Qualifying Distributions | $5,400 | — | — |
| Net Investment Income | $114 | $188 | $36 |
| 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 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD B KELLAM JR | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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