Who We Serve
More than 900 private foundations rely on Foundation Source to automate and streamline so they can enjoy their philanthropy.
Donors and Families
Foundation Source helps individual donors become better philanthropists. We assist donors and trustees of existing foundations to make their operations more efficient and their giving more effective.
Whether you’re the primary donor, a family member, a director or senior staff person at a foundation, you’ve made a commitment to a philanthropic objective. You want to have an impact and –in most cases– you want to share the experience of giving with other family members. While you may wish to research worthy charities, make grants and evaluate results –the real work of philanthropy– you may not wish to manage your foundation’s back-office operations.
Do What Matters Most
Foundation Source helps individual donors become better philanthropists. We assist donors and trustees of existing foundations to make their operations more efficient and their giving more effective. Our staff of experienced professionals manages all the details behind foundation administration, compliance monitoring, grant processing, regulatory issues and more. We handle the tasks that you don’t have the time, capacity or inclination to do.
Foundation Source is the nation’s largest provider of support services for private foundations, both large and small. We work to ensure that the administrative affairs of more than 900 private foundations are conducted flawlessly, so our donor clients can focus on more important things. When you have more control to set your own priorities, your foundation is that much more effective and enjoyable to run.
- New Foundations – Foundation Source can provide a new foundation in as few as three business days. We also work with foundations set up independently by our clients’ attorneys.
- Existing Foundations – We can work with you or your advisors to improve your foundation’s operations by smoothly transitioning to our platform. The process includes uploading of investment balances, grant history and other activities into our secure databases, creation of your private web site, and more.
Our experienced team of Managing Directors can help you get started. In addition, dedicated Private Client Advisors are assigned to each Foundation Source client, so we are always responsive to your needs.
Trusted Advisors
Foundation Source helps wealth advisors, attorneys and CPAs cater to the philanthropic needs of their clients, as well as the foundations they serve.
As a trusted advisor, virtually all of your high net-worth clients have a commitment to philanthropy and many want to allocate a percentage of their assets to charitable giving. Foundation Source helps you serve the philanthropic needs of your clients. We work with wealth advisors, attorneys, Certified Public Accountants (CPAs) and the donors and foundations you serve.
Your “Silent Partner”
As a professional service organization, Foundation Source does not custody foundation assets, nor do we provide investment, tax or legal advice. We are committed to helping you enhance the traditional advisory role that you have with your clients. We work as your “silent partner” to help you achieve your clients’ philanthropic objectives flawlessly and at the lowest possible cost.
- Wealth Advisors – You provide investment advice and custody of clients' foundation assets. Foundation Source assists you in making sure the foundation’s investment strategy is in compliance with IRS guidelines.
- Attorneys – You continue to serve as counsel, providing legal advice to your clients. Foundation Source monitors foundation governance and other activities for compliance.
- Tax and Accounting Professionals – You deliver strategic tax and accounting services as needed. We prepare all the information necessary for to prepare tax returns as directed.
Foundation Source handles the foundation’s back-office administration and compliance monitoring, state and federal filings and grant disbursements. We also deliver a custom private foundation web site for each of your clients that stores and manages all documentation and disbursement information in one location. You can be assured that your clients’ philanthropic interests are being watched over by experts who are focused on one thing: private foundations.
We have an experienced team of Managing Directors across the country who are ready to work with you, backed by an expert business development team based in our corporate headquarters. We welcome the opportunity to become your preferred provider of foundation support services.