Golden Heart Foundation

Golden Heart Foundation is a newly formed private foundation (501(c)(3) ruling dated February 2023) domiciled in Jackson, Wyoming and administered entirely by Two Ocean Trust LLC, a Wyoming-chartered private trust company serving ultra-high-net-worth families. The foundation has zero paid staff, and its listed trustee, Cassie Hoffman, is Two Ocean Trust's Head of Trust Services and a firm Partner rather than an in-house program officer. Advisory board members Deborah Byers, Brian Mathews, and Trinity Clancy round out governance, and every listed person shows $0 compensation — the signature of a donor-directed vehicle, not a staffed grantmaking operation running open competitions.

The stated mission is narrow and distinctive: "to support the teaching and practice of meditation, mindfulness, and contemplative prayer," paired with language about "spiritual evolution, harmony amongst people, and the sustainability of the planet" and "ecological and social sustainability." That combination — contemplative practice plus place-based ecological values — read alongside its Jackson Hole base, points to a donor whose giving reflects personal spiritual/wellness interests intersected with a Greater Yellowstone conservation ethos.

There is no public grants page, application portal, published deadline, or disclosed grant list in any source reviewed. The foundation's own data shows accepting_applications marked true but application_instructions recorded as none, with no public contact email. Combined with assets that scaled from $1.95M (2021) to $13.04M (2024) almost entirely through large lump-sum contributions rather than broad fundraising, this is the profile of a single-donor or single-family foundation still in an early capitalization and relationship-building phase, not yet running a formal competitive process.

For applicants, this is not a cold-application target. The realistic path in is a warm introduction — through Two Ocean Trust's private-client network, through Jackson Hole's tight-knit philanthropic and contemplative/wellness community (meditation teachers, retreat centers, interfaith or Buddhist-Christian contemplative prayer organizations), or through conservation groups active in the Tetons/Greater Yellowstone ecosystem. Given the all-volunteer, zero-compensation governance, expect engagement to move through the trust officers or advisory board rather than a program staff member, and expect a slower, relationship-first cultivation cycle rather than a fixed grant-cycle deadline.

Golden Heart Foundation's Form 990-PF data shows a foundation still in its capitalization phase. Total assets grew from $1,950,025 (FY2021) to $5,939,952 (FY2022) to $10,023,375 (FY2023) to $13,035,550 (FY2024) — a nearly 6.7x increase in three years. That growth was driven primarily by large lump-sum contributions: $2,000,000 in 2021, $0 in 2022, $4,000,000 in 2023, and $2,500,000 in 2024, supplemented by rising investment income ($25 in 2021, climbing to $200,511 in net investment income by 2023 and roughly $412,890 in combined interest/dividends by 2024).

Reported "total giving" — the closest available proxy for charitable disbursements, since the grants-paid line item is recorded as $0 across all three years of detailed data available — was $50,000 in 2021, $91,624 in 2022, and $306,121 in 2023, with FY2024 total expenses (a broader category than giving alone) at $485,772. Measured against year-end assets, this implies an approximate payout ratio of roughly 2.6% (2021) rising to roughly 3.1% (2023) — below the 5% minimum distribution requirement typically applied to non-operating private foundations, though CauseIQ classifies Golden Heart as a "private operating foundation," a designation that carries different payout rules and which applicants should not assume resolves in their favor.

No individual grant-level data — recipient names, award amounts, or program-area breakdown — is available in our database or in any public source reviewed. The grantee list returns zero records, and no Schedule I grant detail was surfaced via ProPublica or CauseIQ's public summaries. There is therefore no verifiable track record yet of specific grantees, typical award size, or geographic/programmatic split to benchmark against.

Practically, prospective applicants should treat the published aggregate giving figures — $50K to $306K per year across 2021-2023 — as the rough ceiling for total annual grantmaking capacity today, and should recognize that with zero disclosed staff and a still-growing asset base, the foundation is more likely funding a small number of relationship-based gifts than running a distributed, multi-grantee program. As the corpus matures past $13M, disbursement capacity (and likely a more formal process) should be expected to grow.

All six foundations cluster tightly around $13.0-13.04M in assets and share the same "Philanthropy & Grantmaking" NTEE classification, which indicates this peer set was constructed on asset-size matching rather than mission alignment — none of the five peers publish a stated meditation, mindfulness, or ecological-sustainability focus, and only Frog Rock Foundation has a live, checkable website. For applicants, this cuts two ways: Golden Heart's contemplative/spiritual mission is unusual even among its closest financial peers, so generic "small family foundation" outreach tactics won't substitute for meditation- and mindfulness-specific positioning; and the peer set offers little benchmarking value on typical grant size or process, since none of the five disclose that information either.

No foundation-specific news, press coverage, or announcements were found for Golden Heart Foundation of Jackson, WY in any 2025-2026 search. Web search results for "Golden Heart Foundation" are dominated by an unrelated, much larger organization — Golden Heart Community Foundation of Fairbanks, Alaska — which is a distinct public charity with its own annual grant cycle (2025 window ran August 11-September 15, $45,000 distributed to 17 recipients) and has no connection to this Wyoming foundation. Separately, the domain recorded in public data as this foundation's website, goldenheartfoundation.org, currently resolves to an unrelated Cameroon-based girl-child-welfare nonprofit, meaning no verifiable live website exists for the actual Golden Heart Foundation (EIN 87-6893402) as of July 2026.

What is confirmed: the foundation received its 501(c)(3) ruling in February 2023. Its trustee of record is Two Ocean Trust LLC, a Jackson Hole-based private trust company founded in 2019 that serves ultra-high-net-worth families and foundations with Wyoming trust structures. Cassie Hoffman, Two Ocean Trust's Head of Trust Services, was promoted to Partner at the firm and serves as Golden Heart's listed trustee. The most recent Form 990-PF on file was submitted May 20, 2025, covering fiscal year 2024 and reporting $13,035,550 in total assets — the foundation's fourth annual filing since inception. No leadership changes, new program announcements, or notable large grants specific to Golden Heart Foundation were identified.

Do not expect a standard LOI or online-portal process — none is published for this foundation, and its own record lists no application instructions, deadline, or contact email. Treat this as a relationship-first funder rather than a competitive-cycle one.

The most realistic entry point is a warm introduction through Two Ocean Trust LLC (twoocean.com, (307) 200-8439), the Jackson Hole trust company that administers the foundation and employs its listed trustee, Cassie Hoffman. Given the all-volunteer, zero-compensation advisory board (Deborah Byers, Brian Mathews, Trinity Clancy), expect any substantive conversation to route through trust officers rather than a dedicated program officer.

Mirror the foundation's own program language in any written materials: "teaching and practice of meditation, mindfulness, and contemplative prayer," "spiritual evolution," "harmony amongst people," and "sustainability of the planet." Organizations working in contemplative practice, interfaith or Buddhist-Christian contemplative prayer, mindfulness-based wellness, or ecological/conservation work tied to the Greater Yellowstone region are the closest fit to its stated mission.

Given a disclosed giving history of $50,000-$306,121 per year (2021-2023), position any first ask conservatively — a modest, clearly-scoped program grant or first-year relationship gift is more realistic than a large capital campaign ask. A one-page concept note (mission fit, budget context, organizational credibility) is more appropriate than a full formal proposal, since there is no portal to submit one into.

The single most common mistake to avoid: confusing this foundation with the similarly-named Golden Heart Community Foundation of Fairbanks, Alaska, which runs a public $1,000-$5,000 annual grant program with an August-September application window. That program is entirely unrelated and applying there will not reach this funder.

Because the foundation's asset base has grown nearly 6.7x since 2021 and its total giving has risen each year, it is plausible that a more formal process could emerge as the corpus matures — worth periodically re-checking IRS Form 990-PF filings (EIN 87-6893402) via ProPublica Nonprofit Explorer for a first disclosed Schedule I grant list, which would reveal real grantee examples and typical award size.