FAIRFIELD, Conn., – Foundation Source, the leading provider of philanthropic software and solutions, has been named as the winner of the Best Philanthropic Initiative category at the 2026 With Intelligence Private Asset Management Awards. This award reflects Foundation Source’s commitment to curating an unparalleled suite of resources for advisors that enables them to support clients’ charitable giving activities with confidence and expertise.
This recognition comes after another year of continued investment in educational initiatives and industry engagement designed to elevate the role of philanthropy within wealth management. Through proprietary research, advisor-focused insights, and ongoing collaboration with industry partners, Foundation Source has helped bring greater visibility to the strategic value of charitable planning as part of comprehensive wealth strategies.
By equipping advisors with timely insights on giving trends, regulatory considerations, and evolving client expectations around purpose-driven giving, Foundation Source continues to play an active role in shaping the industry’s understanding of modern philanthropy. The firm’s thought leadership initiatives help advisors better integrate charitable planning into holistic client conversations, strengthening both philanthropic outcomes and long-term client relationships.
“We’re grateful to be recognized for our efforts to integrate philanthropy into broader wealth planning activities,” Joseph Mrak III, CEO of Foundation Source, said. “Philanthropy continues to play an increasingly important role in how families define legacy and purpose, and our goal is to equip advisors with the knowledge and capabilities needed to guide those conversations with confidence.”
The With Intelligence Private Asset Management Awards recognize leading firms and professionals across the U.S. private wealth industry. Covering more than 40 categories, the program highlights excellence in innovation, performance, and client service among wealth managers and the firms that support them.
A complete list of the 2026 Private Asset Management Awards winners can be found here.
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 December 31, 2025, we support more than 5,600 private foundations, 20,000 DAF accounts, and 1,700 nonprofits, administer more than $55 billion in charitable assets and facilitate more than 190,000 grants and planned gifts representing more than $4 billion in charitable aid annually.
