The Betterworld Trust
The Betterworld Trust is a private foundation focused on International, Foreign Affairs & National Security, based in FALLBROOK, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 7 grants totaling $129K. Net investment income was $30.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36K
-80.3% YoY
Annual Giving
$129K
-23.0% YoY
Grant Count
7
-12.5% YoY
Avg Grant Size
$18K
-12.0% YoY
Under IRS private-foundation payout rules, The Betterworld Trust reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About The Betterworld Trust
Based on IRS filings
The Betterworld Trust is a private foundation focused on International, Foreign Affairs & National Security, based in FALLBROOK, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $36K in total assets. In 2024, it awarded 7 grants totaling $129K. Net investment income was $30.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,937 | $182,487 | $352,684 |
| Revenue | $30 | $139 | $566,959 |
| Expenses | $146,580 | $170,336 | $225,535 |
| Qualifying Distributions | $128,550 | $167,000 | $224,500 |
| Net Investment Income | $30 | $139 | $16,959 |
| Distributable Amount | $4,433 | $13,286 | $9,547 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Books for Africa ($50,000), Focusing Philanthropy ($25,000), Fallbrook Food Pantry ($15,550).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUB OF NORTH COUNTY FALLBROOK, CA | LITERACY PROGRAM | $15,000 |
| BOOKS FOR AFRICA ST PAUL, MN | COLLECT, SORT, SHIP AND DISTRIBUTE BOOKS TO CHILDREN OF AFRICA | $50,000 |
| FALLBROOK A LEERFUESD FALLBROOK, CA | BRING LITERACY TO THE HOMES OF YOUNG CHILDREN | $3,000 |
| FALLBROOK ART CENTER FALLBROOK, CA | ART EDUCATION AND INTERPRETIVE PROGRAMS | $10,000 |
| FALLBROOK FOOD PANTRY FALLBROOK, CA | SCHOLARSHIPS, FOOD PROGRAM | $15,550 |
| FALLBROOK SENIOR CENTER FALLBROOK, CA | NUTRITION PROGRAM | $10,000 |
| FOCUSING PHILANTHROPY SANTA MONICA, CA | GRANTS FOR CASA; SERVCIES AND EDUCATION FOR FOSTER YOUTH | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANE GARRETT | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Betterworld Trust?
The Betterworld Trust is a private foundation focused on International, Foreign Affairs & National Security, based in FALLBROOK, CA. It holds $36K in total assets as of 2024.
How large is The Betterworld Trust?
As of 2024, The Betterworld Trust holds $36K in total assets with $30 in annual revenue. It awarded 7 grants totaling $129K in 2024.
Where does The Betterworld Trust operate?
The Betterworld Trust has awarded grants in California, District of Columbia, Illinois, Massachusetts, Minnesota.
What size grants does The Betterworld Trust award?
In 2024, The Betterworld Trust awarded 7 grants totaling $129K — an average of about $18K per grant, based on its IRS Form 990 filings.
How much is The Betterworld Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Betterworld Trust reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Betterworld Trust's EIN?
The Betterworld Trust's EIN (Employer Identification Number) is 26-1160600. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Betterworld Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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