Tom Claugus grew up in Barnesville, Ohio. He earned his BS in Chemical Engineering from Ohio State University and subsequently obtained his MBA from Harvard Business School where he graduated as a Baker Scholar with highest distinction.
Tom worked for Rohm and Haas, a global specialty chemicals company, for 17 years, based in Mexico, Europe and the United States. He left the company to establish his own hedge fund which has consistently been one of the best performers in the industry. Throughout his career, he has constantly sought to support and give back to those most in need, working with organizations and people all over the globe to make the world a better place.
In 2012, Tom met Beatriz Illescas, who was at that time representing her country as the Consul General of Guatemala in Atlanta. Her years of experience in the field of higher education in Guatemala as well as her deep understanding of the needs of the immigrant population made her an ideal partner for Tom’s philanthropic projects.
After months of discussing possible ways to do so, Tom decided to create a private family-run foundation and selected Beatriz as its director. Together, they began work developing their vision and mission statement, as well as the foundation’s first goals, and in March of 2013, the Foundation For a Better World was officially registered and incorporated.
Today, FFABW funds numerous organizations worldwide fighting to find cures for neurodegenerative diseases, improving access to quality education and supporting major global development initiatives in the developing world.