FAIRFIELD, Conn., – Foundation Source, the leading provider of philanthropic solutions for donors, nonprofits, institutions and the wealth advisors who serve them, has been named to CNBC‘s World’s Top Fintech Companies 2026 in the Wealth Technology category.
The recognition follows a period of significant transformation for Foundation Source as it builds an integrated PhilTech platform designed to embed philanthropy directly into the wealth management ecosystem. Since 2023, the company has completed four strategic acquisitions – PG Calc, Vennfi, Giving Place and Pacific Foundation Services – expanding its technology, administration and philanthropic capabilities across private foundations, donor-advised funds and planned giving.
The company has also experienced significant growth. Assets under administration more than doubled from $26 billion at year-end 2024 to more than $55 billion at year-end 2025, while charitable dollars facilitated grew from $1.5 billion in 2023 to more than $4 billion in 2025.
“Philanthropy has historically sat outside the core wealth management technology stack, even though it is an important part of how many families think about their wealth,” said Joseph Mrak III, CEO of Foundation Source. “We’re building the infrastructure to change that – giving advisors and institutions the technology, administration and philanthropic expertise they need to make charitable planning an integrated part of the client experience.”
CNBC and Statista’s World’s Top Fintech Companies 2026 recognizes 500 companies across eight market segments, including Wealth Technology. Companies were evaluated using an analysis of overarching and segment-specific key performance indicators. The 2026 list was announced on July 22 and can be viewed here.
About Foundation Source (foundationsource.com)
Foundation Source is the leading provider of philanthropic software and services. A pioneer in philanthropic technology, Foundation Source is the partner of choice for integrated, enterprise-grade solutions spanning private foundations, donor-advised funds and planned giving programs. Its flexible suite of tools and resources includes 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. Foundation Source works 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 December 31, 2025, Foundation Source supports more than 5,600 private foundations, 20,000 DAF accounts, and 1,700 nonprofits, administers more than $55 billion in charitable assets and facilitates more than 190,000 grants and planned gifts representing more than $4 billion in charitable aid annually.
About Statista (statista.com)
Statista R is a world leader in the creation of company, brand, and product rankings and top lists, based on comprehensive market research and data analysis: Statista R recognizes the best. With a team of over 100 expert analysts and in cooperation with more than 45 high profile media brands across all continents, Statista R creates transparency for consumers and business decision makers and helps companies build trust and recognition across a plethora of industries and product categories.
