Audio Version of Foundation Source and Charity Navigator Charity Reports Webinar Now Available

FAIRFIELD CONN. – May 12, 2010 -- Foundation Source, the nation's leading provider of support services for private foundations, and Charity Navigator, the nation's largest and most-utilized charity evaluator, announced that an audio version of the webinar announcing Charity Reports is now available at Foundation Source’s website.

Charity Reports – A New Service from Foundation Source & Charity Navigator

To download the accompanying PowerPoint presentation, click here.

Co-developed with Charity Navigator, Charity Reports is a comprehensive organizational assessment of charities exclusively available to Foundation Source clients. Modeled after analyst reports of public companies, the new due diligence tool is designed to help get “under the covers” to establish an accurate picture of nonprofit organizations before donations are made.

The special broadcast features the audio portion of the April 27 webinar in which Foundation Source Chief Philanthropic Officer Page Snow and Charity Navigator CEO Ken Berger discuss the unique benefits of Charity Reports, including:

• How Charity Reports have taken charity assessment to the next level beyond what is available for free from Charity Navigator and other sources
• Why Charity Navigator is one of the few organizations prepared to render risk opinions regarding prospective grantees and how this information helps donors
• How details are gathered on the financial health, governance, management and effectiveness of grant-receiving organizations
• How assessments are made of the relative risk of making a philanthropic investment in a given organization
• Key follow-up questions that a foundation should ask every charity prior to making a grant

About Charity Navigator (www.charitynavigator.org)

Charity Navigator is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the financial health of over 5,500 charities. Charity Navigator is a 501 (c)(3) organization which accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations. Charity Navigator can be reached directly by telephone at
(201) 818-1288, or by mail at 139 Harristown Road, Suite 201, Glen Rock, N.J., 07452.

About Foundation Source

Recognized as Philanthropic Group of the Year by the editors of Private Asset Management,
Foundation Source is the nation's leading provider of support services for private foundations. The company's full suite of back-office, online and advisory services allows foundations to focus on their mission, strategy and family priorities, and spend less time on administration and compliance tasks. The result: better run foundations with greater social impact.

Foundation Source offers a full range of award-winning services to over 900 private foundations coast-to-coast representing over $4 billion in foundation assets. Foundation Source provides its services independently and through partnerships with the nation's leading private wealth management firms, trust and estate attorneys and CPAs. The company is headquartered in Fairfield, CT with regional offices in Atlanta, Boston, Chicago, Denver, New York City, Philadelphia, Salt Lake City, San Francisco, Los Angeles and Seattle.

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