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Irene W. & C.B. Pennington Foundation
The foundation was established in 1982 by Irene W. and C.B. "Doc" Pennington. Their grandson Claude B. Pennington III and granddaughter Paula Pennington de la...
Irene W. & C.B. Pennington Foundation
The foundation was established in 1982 by Irene W. and C.B. "Doc" Pennington. Their grandson Claude B. Pennington III and granddaughter Paula Pennington de la Bretonne continue involvement as trustees and chair. Grant deployment centers on health research, arts organizations, and education initiatives in Louisiana. The foundation holds real assets including Mount Pleasant Plantation and the Pennington Biomedical Research Center Campus, both in East Baton Rouge Parish. It partners with the Baton Rouge Area Foundation on local projects and maintains endowment relationships there. Lori J. Bertman leads day-to-day operations with a background in disaster philanthropy. The organization lists three family trustees and reports no additional offices beyond its Baton Rouge headquarters at 2237 S. Acadian Thruway. Governance remains within the Pennington family line, with trustees drawn directly from the founders' grandchildren and a non-family CEO handling administration.
General information
Firm type
Endowment / Foundation
Year founded
1982
Location
Region
North America
Country
United States
City
Baton Rouge
Corporate office
Baton Rouge, LA, United States
Principals
Paula Pennington de la Bretonne
Chair
Claude B. Pennington III
Trustee and investor
Daryl B. Pennington Sr.
Trustee
Lori J. Bertman
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at the Irene W. & C.B. Pennington Foundation?
Lori J. Bertman serves as President and CEO. Family trustees Claude B. Pennington III and Daryl B. Pennington Sr. participate in oversight alongside Chair Paula Pennington de la Bretonne.
Where does the underlying wealth come from?
The endowment originated from Pennington Oil Company, founded by C.B. "Doc" Pennington.
Does the foundation participate in fund commitments or only direct deals?
Public records show grant-making activity rather than venture fund commitments.
How is the foundation related to the Pennington Family Foundation?
The Pennington Family Foundation continues the legacy of the original 1982 entity as a separate but connected philanthropic vehicle.
What geographic focus does the foundation maintain?
Activity centers on Baton Rouge and East Baton Rouge Parish, Louisiana, with assets including Mount Pleasant Plantation and the Pennington Biomedical Research Center Campus.
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.
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