FAIRFIELD, Conn.,– Foundation Source, the leading provider of philanthropic solutions for donors, nonprofits, institutions, and the wealth advisors who serve them, has been named a 2025 WealthBriefing Wealth for Good award winner in two categories: Thought Leadership (Americas) and CEO: Technology (Americas). These awards recognize Foundation Source’s powerful combination of modern, cloud-based platforms and professional services, including specialized administrative, compliance, tax, and program guidance that enables the firm to provide comprehensive philanthropic support at scale. It also underscores the value of innovative and dedicated leadership.
Foundation Source’s deep domain expertise has helped shape the firm’s extensive technical and educational resources, complementing its technology suite and empowering advisors across the industry to provide meaningful and timely philanthropic guidance. These insights and tools equip advisors to initiate client conversations around giving, evaluate charitable vehicles, navigate the nonprofit landscape, integrate philanthropy into legacy planning, deploy charitable capital effectively, and measure impact.
Foundation Source CEO Joseph Mrak III has led the firm through several strategic acquisitions to build and expand enterprise-grade solutions that help wealth managers and wealth enterprises seamlessly integrate philanthropy into their offerings. Recently, the company acquired Pacific Foundation Services, a foundation management organization supporting the Bay Area’s largest foundations. In April, it acquired Giving Place, a software platform for family office giving programs and private foundations. Last year, it acquired Vennfi, the fintech powering donor-advised fund sponsor Charityvest, and PG Calc, the leader in planned giving software and services. Under Mrak’s leadership, the firm has developed a robust range of technology, administrative, and consulting services across private foundations, donor-advised funds, and planned giving, ensuring that professional advisors can help their clients drive impact in the ways that are most important to them.
“We’re honored to be recognized for equipping wealth managers with the tools, guidance, and confidence they need to meet the rising demand for philanthropic planning with precision and scale,” Mrak said. “We see enormous potential in helping firms differentiate through meaningful, values-based planning – and we’re excited to lead that evolution.”
“This year, we have seen a marked increase in entrants and interest in all our global awards programs, and the WealthBriefing Wealth for Good Awards is no exception. These awards give organizations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally, and to celebrate in style with their peers,” said Stephen Harris, ClearView Financial Media’s CEO and publisher of WealthBriefing. “I offer my congratulations and best wishes for the future to all winners and highly commended firms – they are all worthy recipients who join the prestigious list of wealth management professionals who form the global elite of WealthBriefing winners.”
About ClearView Financial Media Ltd. (“ClearView”)
ClearView Financial Media was founded by Chief Executive, Stephen Harris in 2004, to provide high-quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards program.
About Foundation Source (foundationsource.com)
Foundation Source is the leading provider of philanthropic software and services. A pioneer in philanthropic technology, we are the partner of choice for integrated, enterprise-grade solutions spanning private foundations, donor-advised funds and planned giving programs. Our flexible suite of tools and resources include end-to-end administrative support for the most popular charitable vehicles, specialized compliance, tax, development and consulting capabilities, and deep domain expertise to help maximize impact, mitigate risk, and improve efficiency for all parts of the philanthropic ecosystem. We work with donors, nonprofits, wealth advisors and financial institutions to launch, enhance or augment charitable initiatives with turnkey, white-label and outsourced offerings that meet a wide range of philanthropic objectives quickly, professionally, and compliantly.
As of June 15, 2025, we support more than 2,300 private foundations and more than 1,800 nonprofits, administer nearly $40 billion in charitable assets, and facilitate more than 180,000 grants and planned gifts annually.