Fundamental Wellbeing Foundation
Fundamental Wellbeing Foundation is a private foundation, based in Jackson, WY. IRS filing data is available from 2023 through 2026. As of 2026, the organization holds $31.6M in total assets. In 2026, it made $1.4M in qualifying distributions. Net investment income was $336K.
Fundamental Wellbeing Foundation at a glance
- Total assets
- $31,564,144
- +120.4% vs 2025
- Revenue (2026)
- $18,689,633
- +3533.7% vs 2025
- Qualifying distributions (2026)
- $1,418,754
- +166.0% vs 2025
- Expenses (2026)
- $1,444,831
- +151.8% vs 2025
- Latest 990 filing
- Form 990-PF, 2026 View filing
Data from IRS Form 990-PF, 2026; updated September 2026.
Who Fundamental Wellbeing Foundation funds
How this funder distributes its grants
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 7 grants of 9 (78%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Fundamental Wellbeing Foundation gives
- In 2026 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $22K (2025) to $297K (2024). In 2025 it made 2 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| California Institute of Human Scien Encinitas, CA | Donation to domestically registered charitable organization. | $20,000 |
| Donations to indigent individuals u Jackson, WY | Donation to indigient individuals. | $1,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2026 | $31,564,144 | $18,689,633 | $1,444,831 | — | — | $1,418,754 | $335,703 | $1,550,401 |
| 2025 | $14,319,344 | $514,343 | $573,770 | $21,500 | 2 | $533,435 | $388,813 | $701,498 |
| 2024 | $14,387,391 | $12,838,239 | $569,406 | $296,500 | 3 | $14,296,500 | $1,284,628 | $613 |
| 2023 | $2,112,787 | $2,416,046 | $303,259 | $276,588 | 4 | $276,588 | $57,007 | — |
Under IRS private-foundation payout rules, Fundamental Wellbeing Foundation reported a distributable amount of $1.6M for 2026 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Fundamental Wellbeing Foundation's 2026 filing lists 3 officers; 1 of 3 officers listed in 2026 is compensated.
Officers on the 2026 filing
Janet Pennington
Director
On filings since 2023
1 hr/week
No compensation reported
Joseph Seigmann
Director
On filings since 2025
1 hr/week
No compensation reported
Rodney Lee Pennington
Executive Di
CEO → Executive Director, 2025
Executive Director → Executive Di, 2026
On filings since 2023
40 hrs/week
$11K (2023) → $161K (2026)
Former officers (1)
- Former: Joseph Siegmann (2023–2024) — Director
Data from IRS Form 990 filings, 2023–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2026 IRS filing
The highest reported compensation on the 2026 filing was $161K, to Rodney Pennington (Executive Di).
Frequently asked questions about Fundamental Wellbeing Foundation
How large is Fundamental Wellbeing Foundation?
Fundamental Wellbeing Foundation reported $31.6M in total assets on its 2026 IRS Form 990-PF. It paid out $1.4M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Fundamental Wellbeing Foundation operate?
Fundamental Wellbeing Foundation has awarded grants in California, Puerto Rico, Wyoming.
What is Fundamental Wellbeing Foundation's EIN?
Fundamental Wellbeing Foundation's EIN (Employer Identification Number) is 88-2425515. IRS Form 990 filing data is available on this page for 2023–2026.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2026 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2023–2025
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