Our efficient back-office systems and operating procedures were designed by legal and tax professionals with extensive private foundation expertise, and honed by the experience that comes from supporting over 1,100 private foundations.
- General administration: We provide a full array of support services that range from processing grants, expenses, and fees, to document management.
- 5% minimum distribution requirement: We track grants and other qualifying expenditures that count toward the foundation’s 5% annual distribution requirement. Results are updated daily and available for review through the online console provided by Foundation Source.
- Foundation recordkeeping: We track funding and income, assets and valuations, grants, fees and expenses, substantial contributors, and other foundation-related activities. All data is easily available through the online console provided by Foundation Source.
- Document archiving: Key foundation documents are organized and stored in a secure, central location with online access and search capabilities.