Well Being Trust
Well Being Trust is a national nonprofit foundation founded in 2016 with a $100 million endowment from Providence St. Joseph Health, advancing mental, social, and spiritual health through grantmaking and funded programs including TelePsychiatry, school-based virtual therapy, and clinician peer support across seven U.S. states.
- Company typePrivate
- Founded2016
- HeadquartersOakland, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Well Being Trust does
Well Being Trust is a national nonprofit foundation established in late 2016 in Oakland, California, with an initial $100 million endowment from Providence St. Joseph Health and an additional $30 million designated for California mental health initiatives. The foundation's mission is advancing mental, social, and spiritual health nationwide through grantmaking, strategic partnerships, policy advocacy, and direct funding of mental health programs delivered through Providence's clinical network and community partners across seven states (Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington).
The foundation's core products are programmatic rather than software-based. Its flagship initiative is Providence TelePsychiatry, a virtual inpatient and emergency department behavioral health service delivering board-certified psychiatric consultations across 41 hospitals in six states, supported by 11,880 consultations in 2025 with a two-minute median response time. Other funded programs include the P2P (Peer2Peer) Support Program for clinician well-being (launched 2025), Work2BeWell youth mental health (in partnership with Sounders FC), school-based virtual therapy through Hazel Health (serving 15,000+ students in Renton School District), Partial Hospitalization and Intensive Outpatient Programs at multiple Providence facilities (serving 387 patients at Swedish Ballard with 30% symptom reduction), the Medication for Opioid Use Disorder (MOUD) program at Providence Portland (associated with a 22% drop in Oregon overdose deaths), and the Providence Adolescent and Child Center in Anchorage. No proprietary technology platform, API, or AI capability is disclosed; the technology layer is telehealth infrastructure plus standard digital marketing channels.
Well Being Trust operates a philanthropy and grantmaking business model rather than commercial revenue generation. It is a wholly-owned charitable arm of Providence St. Joseph Health, funding programs via its endowment and structured grants to health systems, school districts, and community organizations. The go-to-market motion is community-led and event-driven, combining grantmaking partnerships with mental health awareness campaigns, suicide prevention walks, and community health fairs. Customer segments are predominantly Providence-affiliated healthcare providers, K-12 education partners (school districts), and nonprofit/community organizations — meaning revenue and program execution are tightly linked to the parent health system's priorities and geography.
Well Being Trust firmographics
Firmographics- Name
- Well Being Trust
- Legal name
- Well Being Trust
- Website
- https://wellbeingtrust.org
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Well Being Trust is a national nonprofit foundation founded in 2016 with a $100 million endowment from Providence St. Joseph Health, advancing mental, social, and spiritual health through grantmaking and funded programs including TelePsychiatry, school-based virtual therapy, and clinician peer support across seven U.S. states.
- Ownership category
- akta.pro rank
Well Being Trust industry classification
Industry- Product category
- Mental Health Foundation
- NAICS
- Grantmaking and Giving Services (81321), Voluntary Health Organizations (813212), Other Grantmaking and Giving Services (813219)
- SIC
- Services-Social Services (8300), Services-Health Services (8000)
- akta.pro primary industry
- Private Foundations (BPAGAKAA)
- akta.pro secondary industries
- Community Foundations (BPAGAKAB), Public Charities & Grantmaking Intermediaries (BPAGAKAE), Youth Mental Health, Counseling & Wellbeing (Education-Linked) Nonprofits (BPAGADAK)
Keywords
Where Well Being Trust is headquartered
LocationHeadquarters
- HQ city
- Oakland
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Well Being Trust business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Others, Personnel, Operations
Revenue model
- Foundation Endowment & Grants: Well Being Trust is a national foundation dedicated to advancing mental, social, and spiritual health. Founded in late 2016 with a $100 million endowment from Providence St. Joseph Health, plus an additional $30 million specifically for use in California. The foundation makes grants to support mental health initiatives, programs, and policy work.
- Program-Related Investments: Well Being Trust provides grants and partnerships to health systems, community organizations, schools, and policy organizations to advance mental health outcomes. Examples include $30 million over three years to California Mental Health and Wellness Initiative and $10 million in grants to mental health initiatives in California.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Well Being Trust product offering
Product offeringCore offering
Well Being Trust is a national foundation that makes grants and forms strategic partnerships to advance mental, social, and spiritual health. It funds programs across health systems, schools, and community organizations, including virtual psychiatric care, youth mental health initiatives, substance use treatment, and clinician peer support, while also conducting policy advocacy at state and federal levels.
Product overview
Well Being Trust is a national foundation dedicated to advancing mental, social, and spiritual health, primarily through grant-making, advocacy, and funding of mental health programs rather than a unified software product. The organization's work spans multiple program areas including: youth mental health initiatives (Work2BeWell, school-based virtual therapy), clinical care programs (Providence TelePsychiatry, Partial Hospitalization Programs), substance use treatment (MOUD programs), clinician support (P2P Peer Support Program), and youth-specific services (Providence Adolescent and Child Center). These programs are implemented through Providence Health System facilities and community partners rather than as standalone Well Being Trust-branded products.
Differentiator
Problem solved
Functional benefit
Products and services
- Providence TelePsychiatry
Quantifiable outcome
- 11,880 TelePsychiatry consultations delivered in 2025 with 2-minute median response time
- +3 more outcomes
Companies that use Well Being Trust
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles3 records
Well Being Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Well Being Trust partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered major, minor and core.
- HealthShare of OregonmajorPartnership in 2025 to expand access to medication for opioid use disorder (MOUD) in emergency departments at Providence Portland Medical Center.
- Volunteers of America AlaskamajorPartnership to support VOA Alaska's Transition-Age Youth Services program offering mental health and substance-use services, employment, education assistance and housing support for youth in Alaska.
- Kadlec Regional Medical CenterminorKadlec Regional Medical Center in partnership with Communities in Schools of Benton-Franklin facilitates suicide prevention training in Spanish multiple times a year, with more than 250 community members participating in 2024.
- Communities in Schools of Benton-FranklinminorPartnership with Kadlec to improve mental health and address suicide in Hispanic communities through Spanish-language QPR suicide prevention training.
- Work2BeWellmajorNational school-based telehealth provider partnership bringing virtual therapy services to Renton School District students. Providence partnered with Sounders FC in 2023 to support youth mental health through this program.
- Sounders FCmajorPartnership announced in 2023 to support youth mental health, bringing attention and resources to the youth mental health crisis and students throughout Renton School District. Includes game-changing collaboration beyond the field into community well-being.
- Rave FoundationminorPartnership with Sounders FC and Rave Foundation for community health fair serving Renton School District students and families.
- Hazel HealthmajorMental telehealth company providing virtual therapy services to Renton School District schools, with services provided at no-cost to students funded by Well Being Trust.
- Raices de BienestarminorOrganization based in Medford, Oregon providing guidance on delivering mental health programming in a more culturally and linguistically relevant manner for Hispanic and Latinx caregivers.
- Renton School DistrictmajorThree-year partnership to strengthen student mental health services, offering every child in 27 Renton Public Schools access to virtual therapy through Hazel Health, reaching more than 15,000 students.
- iHeart RadiominorPartnership to start #BeWell movement and advance mental health conversation through radio and media channels.
- Complex MediaminorPartnership with Complex Media for video content creation to spread #BeWell movement to broader audiences, including interviews with advocates like Abby Wambach.
- California Mental Health and Wellness Initiativemajor$30 million in grants over three years to integrate behavioral and mental health along the full spectrum of care from clinic to community across California.
- Institute for Healthcare ImprovementcoreTwo-year collaboration to improve the quality of care individuals with mental health and substance misuse disorders receive in hospital emergency departments, and to better integrate behavioral and mental health with emergency services by partnering with other leading health care systems across the nation.
- Trust for America's HealthcoreState and federal policy blueprint to develop policy recommendations and advocacy strategies focused on mental health issues, with particular focus on substance misuse and suicide. Part of joint report 'Pain in the Nation'.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Well Being Trust competitors and assessment
Company assessmentDirect peers
- Trust for America's Health: Health policy nonprofit that co-developed the 'Pain in the Nation' series with WBT. Comparable as a policy-and-advocacy peer working on mental health, substance use, and suicide prevention.
- Mental Health America: National nonprofit community-based organization addressing mental health needs, screening, and policy. Comparable to WBT as a peer advocacy and resource-distribution organization for mental health awareness and access.
- Institute for Healthcare Improvement: Health care quality improvement organization that partnered with WBT on a two-year ED behavioral health integration initiative. Comparable as a strategic co-development partner driving system-level behavioral health change.
- Hazel Health: School-based virtual mental health services provider and WBT's technology partner delivering virtual therapy to Renton School District. Comparable as a direct operator of the youth mental health telehealth channel WBT funds.
Broad incumbents
- Robert Wood Johnson Foundation: One of the largest U.S. health-focused private foundations, with comparable scope in mental health, equity, and care delivery. Directly comparable to WBT as a private foundation funding behavioral health and policy work at national scale.
- Kresge Foundation: Major U.S. private foundation with active health and human services grantmaking, including mental health and community resilience. Comparable as a similarly sized private foundation operating across multiple health program areas.
- Annie E. Casey Foundation: National private foundation focused on child and youth well-being, including mental and behavioral health. Comparable to WBT's Work2BeWell and Renton School District programs serving youth mental health.
- Conrad N. Hilton Foundation: Major U.S. private foundation with a substantial mental health and substance use grantmaking portfolio. Comparable as a similarly structured national private foundation funding mental health system change.
Regional players
- The California Endowment: Large California-focused health philanthropy that funds mental health, equity, and community programs — directly comparable to WBT's $30M California initiative and its state-level policy/grantmaking focus.
- California Health Care Foundation: California-focused health philanthropy funding behavioral health access and integration. Comparable to WBT's California Mental Health and Wellness Initiative as a state-level behavioral health funder.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Well Being Trust social profiles
Digital presenceWell Being Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
Well Being Trust leadership team
Management profileNumber of profiles
Profiles4 records
Well Being Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Well Being Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Well Being Trust
What does Well Being Trust do?
Well Being Trust is a national foundation that makes grants and forms strategic partnerships to advance mental, social, and spiritual health. It funds programs across health systems, schools, and community organizations, including virtual psychiatric care, youth mental health initiatives, substance use treatment, and clinician peer support, while also conducting policy advocacy at state and federal levels.
Is Well Being Trust a public or private company?
Well Being Trust is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Well Being Trust founded?
Well Being Trust was founded in 2016. It employs 11 to 50 people.
Where is Well Being Trust based?
Well Being Trust is headquartered in Oakland, United States, in the North America region.
How does Well Being Trust make money?
Two revenue lines are on record. Foundation Endowment & Grants are the primary driver. The others are program-Related Investments.
Who are Well Being Trust's main competitors?
Direct peers on record are Trust for America's Health, Mental Health America, Institute for Healthcare Improvement and Hazel Health. Broad incumbents are Robert Wood Johnson Foundation, Kresge Foundation, Annie E. Casey Foundation and Conrad N. Hilton Foundation. Regional players are The California Endowment and California Health Care Foundation.
Does Well Being Trust have an API?
No public API is recorded for Well Being Trust.
What industry is Well Being Trust in?
Well Being Trust's product category is Mental Health Foundation. Its primary akta.pro industry code is BPAGAKAA, Private Foundations, with a secondary code of BPAGAKAB, Community Foundations. Its NAICS code is 81321 and its SIC code is 8300.