Foundation Source Back-Office
Key Features
- Real-time monitoring for compliance issues
- Timely processing of grants, taxes, payroll and more
- Complete federal and state tax prep and filings
- Daily tracking of 5% minimum distribution requirement
- Integrated accounting and grantmaking in one system—no double entry
Full administrative and support services to keep your foundation running smoothly and compliantly, while you enjoy your philanthropy.
Focus on Philanthropy, Not Paperwork
You don’t need to be an expert to run a Great foundation because our professionals in foundation administration provide all the help you need. Foundation Source Back-Office serves as your virtual staff—taking care of all administrative chores so you can focus on your philanthropy.
Streamlined and Automated
Since 2000, we have managed the back-office for hundreds of private foundations like yours. Our efficient systems and technology were developed with the assistance of leading legal and tax professionals and are fully integrated with our online grantmaking and grants management systems.
Whether you are starting a new foundation or have an established one, we’ll get you up and running quickly.
Expand Your Philanthropic Toolbox
Private foundations enjoy many options not available to individual givers or donor advised funds (DAFs). With a private foundation, you can make gifts directly to individuals and families, to international charities, even for-profit companies, provided that your gift is for a charitable purpose. You also can make loans to charities or equity-investments in charitably focused entities.
With Foundation Source, there is no need to search for the specialized expertise to take advantage of these tools. We provide our clients with access to the expertise and technical know-how to execute their most creative ideas. Our Advanced Back-Office services enable you to explore everything you can do with a private foundation - and turn those plans into action.
Learn more about our Advanced Services here.
