Foundation to Fund a Better World

CHESAPEAKE, VA EIN: 26-3297255

Foundation to Fund a Better World 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 $148K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $9K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$148K

-1.0% YoY

Annual Giving

$5K

Grant Count

1

Avg Grant Size

$5K

About Foundation to Fund a Better World

Based on IRS filings

Foundation to Fund a Better World 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 $148K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Chesapeake

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3K$6K$8K$11K20202021202220232024
Metric202420232022
Total Assets$147,621$149,135$147,926
Revenue$8,605$6,728$1,034
Expenses$10,119$5,519$525
Qualifying Distributions$5,000
Net Investment Income$8,605$6,728$1,034
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$3K$4K$5K0 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

FD FOR A BETTER WORLD$5K

Grant Size Distribution

1 grants across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fd for a Better World ($5,000).

RecipientPurposeAmount
FD FOR A BETTER WORLD CHESAPEAKE, VACHARITABLE CONTRIBUTIONS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD B KELLAM JRDIRECTOR0.25

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Foundation to Fund a Better World?

Foundation to Fund a Better World is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHESAPEAKE, VA. It holds $148K in total assets as of 2024.

How large is Foundation to Fund a Better World?

As of 2024, Foundation to Fund a Better World holds $148K in total assets with $9K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does Foundation to Fund a Better World operate?

Foundation to Fund a Better World has awarded grants in Virginia.

What size grants does Foundation to Fund a Better World award?

In 2024, Foundation to Fund a Better World awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

What is Foundation to Fund a Better World's EIN?

Foundation to Fund a Better World's EIN (Employer Identification Number) is 26-3297255. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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