Today’s financial institutions are seeking turnkey, outsourced solutions that not only complement their core expertise, but also allow them to scale. That’s where Foundation Source comes in.
Enterprise-Grade, Technology-Led Solutions
Compliance, security, technology, expertise—these are all top of mind and critical components to the success of your organization. That’s why we’ve built our charitable giving solutions around these key value drivers with models that support your firm’s unique needs.
Four Models To Support Your Business:
PhilTech Platform
Want to maintain the services component of your business? Our applications are purpose-built for mature programs that need robust enterprise technology.
Back-Office Support
With our comprehensive back-office support, your organization benefits from administration, transaction processing and tax filings to streamline your core operations, ensuring compliance and centralized processes.
Turnkey Programs
Spin-up a new philanthropic offering or outsource your current program using our configurable, white-label portal.
Referral Arrangement
We offer white-glove service with preferred pricing for wealth management and private banking clients—a great option for firms with an approved shortlist of HNW and UHNW specialists.
Foundation Platform
Imagine being able to gain instant transparency and easily manage all your clients’ foundation activities, from compliance to grantmaking, from one location. That’s the power of Impactfully, our proprietary, cloud-based SaaS platform that empowers financial institutions to organize their clients’ private foundations strategies and activities under the same wealth management umbrella. The software includes:
- Dynamic operational dashboard for workflow and task management.
- Right-sized grant management tools to organize the complete grant lifecycle.
- Integrated expense workflows to centralize expense requests, payment approvals, and more in one streamlined system.
DAF OS: The Modern Operating System for Donor-Advised Funds
Leverage world-class technology and industry-leading infrastructure to modernize your DAF program with DAF OS—a complete, programmable administration platform for DAF-sponsoring public charities. This powerful operating system combines modern DAF technology, automation, and seamless integration with hands-on support for administrators, including onboarding and technical assistance.
DAF OS empowers your organization to:
- Scale donor engagement
- Simplify compliance
- Automate back-office operations while enabling custom investments and flexible governance
- Access robust accounting systems with integrated support for separately managed accounts
Endowment Sub-Accounting
Experience efficient, accurate multilevel sub-accounting for financial institutions. Multilevel sub-accounting is critical for your clients who want to combine gifts in their endowments for investment purposes, or combine the endowments of chapters or affiliates, but must maintain detailed records of individual gifts or funds for accounting and donor reporting purposes. With our outsourced solution, you don’t have to spend any time developing reports and get peace of mind knowing that they are accurate and clear.
4 Reasons To Work With Us:
- You need endowment sub-accounting services that are far more accurate and efficient than using Excel to manually unitize contributions and distributions.
- You need affordable, less labor-intensive and purpose-built software to track individual funds or gifts.
- You need better customer support and a dedicated relationship manager.
- You need reports that can be customized around your specific needs.
