Wealth advisors across the country are partnering with Foundation Source to provide charitable giving solutions for their high-net-worth and ultra-high-net-worth clients and prospects. They know that delivering these services as part of an overall wealth management plan can provide them with:
- Deeper, more secure client relationships
- A natural introduction to the next generation
- Net new assets under management
- Tools for converting an unproductive portfolio into productive assets
Foundation Source offers best-in-class technology and administrative services for private foundations, donor-advised funds and planned giving, so you can meet the needs of your most sophisticated clients with a custom philanthropic solution under your brand.
Private Foundation Technology and Service Partnerships
Bolster client relationships by facilitating their private foundation creation and management. Foundation Source works with advisors to offer clients:
- Purpose-built private foundation technology, including workflow and task management of operational foundation processes to streamline compliance and grantmaking efforts.
- Simplified administration for hassle-free tax preparation and other required filings.
- Deep domain expertise. Clients can access tax, legal, and philanthropic specialists as needed.
Turnkey DAF Programs for Wealth Managers
Attract and retain clients by offering a DAF program as a seamless part of your firm. Foundation Source offers the following custom DAF solution in partnership with Charityvest, Inc.:
- Fully branded modern client experience. DAF platform is custom-branded for your firm and provides visibility into client accounts.
- Custom investments and advisory fees on all accounts. Build your own model portfolio with any stock or ETF and apply your customary advisory fees. No account minimums.
- Automated rebalancing and back office capabilities. Fully-custodied SMA program rebalances client accounts against advisor models automatically.
Planned Giving Services
Build client legacies with a full suite of planned giving products and services. Foundation Source offers the following planned giving solutions through PG Calc:
- Endowment sub-accounting services when pooling many funds together for investment on behalf of clients.
- Gift administration for planned gift assets you manage on behalf of your clients.
- Gift illustration software and services to help clients calculate and illustrate the impact of planned gifts.
Unlock deeper client relationships
Partner with us to offer philanthropy at your firm
Best Prospects
Foundation Source can partner with your firm to establish a turnkey philanthropic program to serve your clients and prospects in giving.
Here are some characteristics to look for when evaluating your client and prospect base:
A history of giving or an articulated desire to fund philanthropic programs
Needs a tax-management strategy in anticipation of the sale of a business, an inheritance, or a legal/domestic settlement
An under-diversified asset position
Anticipation of an intergenerational transfer of wealth or a family business
A desire to avoid taxes on the sale of assets or upon death
A desire to build a family legacy, make a difference in the community, pass on values, and teach financial skills to children and grandchildren
A lack of inheritors to receive the wealth
Currently has a charitable remainder trust or charitable lead trust
Why Work With Us
We are a best-in-class technology and solutions provider for private foundations, donor-advised funds, and planned giving. Here’s how we can assist you:
Domain Expertise:
We back you up every step with sophisticated private foundation, donor-advised fund, and planned giving expertise, so you can confidently engage clients and prospects on philanthropy. Our experienced Managing Directors, located across the country, are ready to answer your questions and to join you in client conversations, as appropriate.
We Support Your Client Relationships:
You, as the wealth advisor, maintain the primary relationship with your clients. You manage the charitable assets while Foundation Source provides all other services needed to operate an efficient, successful philanthropic enterprise.
We Take Care of the Details:
Your clients are in good hands. We take care of everything, from creating a new charitable entity to handling the most complex needs of established philanthropists.
Fully Outsourced Services:
We provide comprehensive, flexible solutions that include philanthropic administration, compliance monitoring, and advisory services, supported by web-based tools that donors use to direct charitable activities.
Excellent Customer Service:
Your clients will receive excellent, responsive customer service, as evidenced by the 98% satisfaction rating we receive from our clients year after year.