Updated:
Foundation for a Better World
Foundation For A Better World is a venture capital firm. It has made two investments, totaling $51 million in deployed capital. The firm focuses on...
Foundation for a Better World
Foundation For A Better World is a venture capital firm. It has made two investments, totaling $51 million in deployed capital. The firm focuses on biotechnology.
General information
Firm type
Foundation
Year founded
2013
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Cambridge, UK · London, UK
Principals
Tom Claugus
Founder and Chairman
Adam Hoffman
President
Sector focus
Frequently asked questions
Who runs investment and grantmaking decisions at the Foundation for a Better World?
Adam Hoffman, President since 2018, leads the foundation's strategy and investment activity. He oversees grantmaking in neurodegenerative disease drug development and evidence-based poverty alleviation, and also serves as a Healthcare Analyst at GMT Capital. The board is composed entirely of Tom Claugus and his family members.
How does the foundation's relationship with GMT Capital Corp. shape its work?
The foundation is funded by Tom Claugus, the founder and principal of GMT Capital. Adam Hoffman bridges both entities as President of the foundation and a Healthcare Analyst at GMT, suggesting that scientific diligence and market analysis may inform the foundation's programmatic choices. This close tie provides a pipeline of capital and technical expertise.
What is the foundation's primary focus in neurodegenerative disease?
The foundation's scientific funding centers on Alzheimer's disease therapeutic development. Adam Hoffman has been instrumental in building the foundation into a significant funder in this space, supported by a team that includes a neuroscience PhD for scientific diligence.
Where does the Foundation for a Better World operate geographically?
The foundation's headquarters are in San Francisco, with additional offices in Cambridge and London, United Kingdom. Its programs support US-based clinical research and global community development, education, and health initiatives in underserved communities.
Does the foundation accept external grant proposals or partners?
The foundation publicly states it seeks to support organizations addressing global challenges in a humane manner, indicating an openness to external partnerships. However, specific application procedures or open calls are not detailed on its site, so direct contact via its San Francisco office is likely the primary path for inquiries.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: