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Press Releases
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Foundation Source Names Andrew C. Bangser President
June 10, 2009 - Formerly the company's Chief Operating Officer, Mr. Bangser has been serving in a senior leadership role with the company since September, 2001
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Foundation Source Launches Mortgage Assistance Program; Enables Private Foundations to Issue No-Interest Loans to Families in Need
May 5, 2009 - First-of-its-kind program extends the scope of private foundation philanthropy by providing immediate financial assistance to families in danger of foreclosure.
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UBS and Foundation Source Enter into Strategic Agreement to Provide Customized Private Foundation Services for UBS Clients
April 21, 2009 - Expands UBS's U.S. Philanthropic Offering with Comprehensive Solution For Private Foundation Administration, Compliance Monitoring and Grantmaking
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Second Annual Study Confirms Lower Operating Costs for Private Foundations that Outsource Administration
November 18, 2008 - Industry-Wide Cost Savings of More Than $800 Million Feasible Through Use of Outsourced Administrative Services
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Foundation Source Tax and Legal Affairs Division Moves to New, Larger Office on Long Island, New York
November 5, 2008 - Move Accommodates Additions to Staff Fueled by Rapid Growth in Company Client Base and Expansion of Services Provided to Private Foundations
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Foundation Source Announces Strategy to Expand Philanthropic Services; Names Sharon Schneider Philanthropic Director for Central Region
October 14, 2008 - Additional Philanthropic Directors to be Named Shortly for Eastern and Western Regions
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Foundation Source Launches New Suite of Services for Private Foundations: Foundation Source Advanced Services
September 17, 2008 - Major Product-line Extensions of the Company's Back-office, Online and Support Services Meet the Needs of Larger, More Mature Foundations
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Foundation Source Names Page Eberstadt Snow as Chief Philanthropic Officer
September 10, 2008 - New Position Recognizes Increasing Demand Among Foundation Source Clients for Philanthropic Advisory Services and "High-Touch" Client Service
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New Operating Cost Benchmark Established for Private Foundations
September 18, 2007 - Recently completed study confirms significant reduction in operating costs for foundations outsourcing their back-office, technology and support service requirements.
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Foundation Source Named 2007 Philanthropic Group of the Year
September 11, 2007 - Prestigious High-Net-Worth Industry Award Recognizes Company Achievements in Helping Establish Strategic Philanthropy as a Core Component of The Successful Private Wealth Offering
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