Resource Center

“Starting a corporate foundation was a big decision and move for us, particularly since we had no knowledge base in this area. Foundation Source made this transition in our charitable giving extremely easy.

“Foundation Source allows my clients to find more joy and a greater sense of peace in their philanthropic work. Foundation Source handles the often confusing ‘adminis-trivia’ of grantmaking, so trustees can devote their time and talents to evaluating grants and deciding which charities to support.

“Foundation Source allows us to focus on key client issues as a financial advisor. They have far exceeded our expectations.
They are responsive and take all the problems and difficulties out of administering a foundation.”

“Foundation Source has introduced the Murphy Family Foundation to a totally modern and much faster way of working by receiving proposals online. We were up and running far more quickly than we expected. I’m always impressed by Foundation Source’s responsive service. It surprises me how far their people will go to assist us.

“As one of the largest foundations in Wyoming, we get many worthy grant requests. Foundation Source allows us to organize and respond to the requests by managing our administrative needs effectively and efficiently. They have become our virtual back-office, allowing us to be out in the community doing our good work, not behind a desk managing our ‘extensive’ IRS obligations."

“Foundation Source did an exemplary job of setting up my foundation and now handles all the administrative tasks. That means they keep the foundation’s records, process and issue checks for grants, and file all the necessary tax returns.”

“Foundation Source takes the hassle and headaches out of trying to do it yourself. The research they provide helps us make sure we’re donating to legitimate organizations that will use the grants wisely. We tell Foundation Source how much we wish to give and what to say in the notification letter, and they do all the rest, including tracking and organizing foundation activities, and handling all federal and state filings."

"Foundation Source has opened up a new world of philanthropic giving for us. They are terrific to work with, and Foundation Source does everything they say they will do."

Their Challenge:

Atlantic Trust creates investment, financial, and estate planning strategies customized for the needs of select individuals and families. Julia M. Beisel, a Vice President and the Senior Client Service Manager in charge of Private Wealth Management, has years of experience handling personal investment trusts. However, she readily admits that working with private foundations represented a major challenge.

Their Challenge:

The Jewish Funders Network (JFN), an international organization of family foundations, public philanthropies and individual funders, helps form strategic partnerships to advance the quality and growth of philanthropy rooted in Jewish values.

The Challenge:

For years after the establishment of the Murphy Family Foundation in 1986, its administrators had to deal with a time-consuming round robin of paperwork. They would receive written proposals, review them and pass them on to the foundation’s trustees for their review. Only then would the trustees meet to discuss the grant request. Often, the trustees would want to refer back to previous requests from one organization or another to see if changing circumstances warranted a different decision from the past. But it became increasingly difficult to keep all the information for each grant request readily available.