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Abstract The Foundational Value Scale (FVS) is a newly developed assessment device to measure the construct of wisdom. Factor analysis of this scale indicated five components: Harmony, Warmth, Intelligence, Nature, and Spiritual. The factors had adequate internal reliability and test–retest reliability. These dimensions were only slightly related to several other constructs (e.g., stress and depression). The FVS was not significantly related to approval motivation. The FVS appears to be a useful scale that taps several wisdom‐related dimensions. Better knowledge about wisdom could be potentially useful in understanding topics about which community psychologists have particular interest. © 2001 John Wiley & Sons, Inc.
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