Foundation Source Acquires Giving Place from Give (a TIFIN Company)

Foundation Source Acquires Pacific Foundation Services

June 4, 2025

Professional Services

Foundation Source, the Fairfield, Connecticut-based provider of philanthropic software and services, has acquired San Francisco-based Pacific Foundation Services (PFS). The add-on expands Foundation Source's capabilities in foundation management, increases charitable assets under administration to nearly $40 billion, and brings PFS's team and leadership (CEO Charles R. Casey) into Foundation Source; the transaction was completed on June 4, 2025 with terms undisclosed.

Foundation Source Acquires Vennfi, the Fintech Powering Charityvest

October 18, 2024

Financial Services

Foundation Source has acquired Vennfi, a financial-technology firm that powers the Charityvest donor-advised fund (DAF) platform. The acquisition adds turnkey DAF and workplace-giving capabilities to Foundation Source's suite of philanthropic software and services and will see Vennfi's management join Foundation Source to accelerate product deployment across wealth management and employer channels.

Foundation Source Acquires PG Calc

February 1, 2024

Cloud & SaaS

Foundation Source, the nation’s largest provider of cloud-based SaaS and foundation management services, has acquired PG Calc, a planned-giving software and services provider based in Cambridge, Massachusetts. The deal, completed on February 1, 2024, expands Foundation Source's charitable giving product suite and adds planned-giving administration, software, consulting and marketing capabilities.

TIFIN Give Acquires Giving Place

February 1, 2024

Wealth Management

TIFIN Give, the philanthropy platform of AI-driven wealth technology company TIFIN, has acquired Giving Place, a philanthropy software solution for family offices and private foundations. The deal expands TIFIN Give’s capabilities to serve family offices and foundations and increases the combined platform’s scale and resources to support wealth enterprises and employers.

GTCR Acquires Foundation Source from Incline Equity Partners

September 13, 2023

Wealth Management

GTCR, a Chicago-based private equity firm, has acquired Foundation Source, the nation’s largest provider of foundation management services, from Incline Equity Partners. GTCR is partnering with wealth-technology veteran Joseph Mrak III as CEO and has committed capital to invest in technology enhancements, acquisitions and organic growth to expand Foundation Source’s product offerings and channel partnerships.

Incline Equity Partners Acquires Foundation Source

January 28, 2020

Professional Services

Pittsburgh-based private equity firm Incline Equity Partners acquired Foundation Source, the nation’s largest provider of outsourced support services for private foundations. The partnership will support Foundation Source’s growth plans, including deeper market penetration, expanded service capabilities, and enhancement of its online foundation management tools; financial terms were not disclosed.