Well Being Trust

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.

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

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

• Mental health foundation
• Behavioral health programs
• Suicide prevention initiatives
• Grantmaking philanthropy
• Substance use treatment

Headquarters

HQ city

Oakland

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others, Personnel, Operations

Revenue model

1. 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.
2. 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

Core 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

Named customers9 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

15 partnerships are on record, tiered major, minor and core.

• HealthShare of OregonmajorStrategic or Co-development Partner · 1 January 2025Partnership in 2025 to expand access to medication for opioid use disorder (MOUD) in emergency departments at Providence Portland Medical Center.
• Volunteers of America AlaskamajorStrategic or Co-development Partner · 1 January 2024Partnership 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 CenterminorStrategic or Co-development Partner · 1 January 2024Kadlec 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-FranklinminorStrategic or Co-development Partner · 1 January 2024Partnership with Kadlec to improve mental health and address suicide in Hispanic communities through Spanish-language QPR suicide prevention training.
• Work2BeWellmajorStrategic or Co-development Partner · 1 January 2023National 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 FCmajorGTM or Marketing Partner · 1 January 2023Partnership 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 FoundationminorGTM or Marketing Partner · 1 January 2023Partnership with Sounders FC and Rave Foundation for community health fair serving Renton School District students and families.
• Hazel HealthmajorTechnology or Integration · 1 January 2023Mental 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 BienestarminorStrategic or Co-development Partner · 1 January 2023Organization 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 DistrictmajorStrategic or Co-development Partner · 1 January 2023Three-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 RadiominorGTM or Marketing Partner · 1 November 2017Partnership to start #BeWell movement and advance mental health conversation through radio and media channels.
• Complex MediaminorGTM or Marketing Partner · 1 October 2017Partnership 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 InitiativemajorStrategic or Co-development Partner · 1 June 2017$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 ImprovementcoreStrategic or Co-development Partner · 1 January 2016Two-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 HealthcoreStrategic or Co-development Partner · 1 January 2016State 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

Direct 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

• Xx.com/WellBeingTrust
• YouTubeyoutube.com/channel/UCMua9J5EYyAF9q_bGwD3PuQ
• Facebookfacebook.com/WellBeingTrust
• LinkedInlinkedin.com/company/wellbeingtrust
• Instagraminstagram.com/wellbeingtrust

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Well Being Trust