# Irene W. & C.B. Pennington Foundation

Irene W. & C.B. Pennington Foundation is an Endowment / Foundation based in Baton Rouge, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Baton Rouge, United States
- **Region:** North America
- **Address:** Baton Rouge, LA, United States
- **Founded:** 1982
- **Assets under management:** Undisclosed
- **Website:** penningtonfamilyfoundation.org

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Healthcare
- Arts

## People

- Paula Pennington de la Bretonne — Chair
- Claude B. Pennington III — Trustee and investor
- Daryl B. Pennington Sr. — Trustee
- Lori J. Bertman — President and CEO

## 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.

### 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.

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Last updated: 2026-07-06T00:34:48.884Z

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