Printer Friendly
The Free Library
14,506,104 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Foundation Source Announces Partnership with Social Venture Partners, An International Organization Promoting High-Engagement Philanthropy.


FAIRFIELD, Conn. -- Foundation Source(R), the nation's leading provider of support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  for private foundations, today announced a partnership with Social Venture Partners(R) (SVP SVP S'il Vous Plaît (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
 - www.svpi.org), the first and only network of engaged individual donors. Active in 24 cities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and Canada, SVP promotes a high-engagement approach to philanthropy. In this model, members develop collaborative relationships with non-profits by investing time and expertise, in additional to financial support, to drive positive social change.

This partnership assists SVP in its mission to promote philanthropy. By helping SVP families who have private foundations to run them more efficiently, members have more time and energy to spend with the nonprofit organizations they support. At the same time, the systems, technology and efficiencies pioneered by Foundation Source have made this powerful planned giving Planned Giving is an area of fundraising that refers to several specific gift types that can be funded with cash or property. These gift vehicles are based on United States tax law.  tool available to a wider group of donors than ever before. You no longer have to be a "Ford" to have a foundation.

In turn, Foundation Source will introduce the SVP model to it client base of over 300 private foundations.

"This relationship with Foundation Source supports our objective of helping our network of engaged philanthropists become more efficient in their charitable giving," said Tom Donlea, executive director of SVP. "By reducing the complications, expense and ongoing back-office burden traditionally associated with private foundations, Foundation Source will enable SVP members to devote their time and energy to helping the non-profit organizations in which they become involved."

"The SVP mindset mind·set or mind-set
n.
1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations.

2. An inclination or a habit.
 meshes perfectly with Foundation Source. These forward-thinking professionals are creating a new model of philanthropy based on their vision and experience," said Daniel M. Schley, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Foundation Source. "As such, they appreciate the innovation, systems and technology that Foundation Source has created to 'modernize' private foundation administration."

About Foundation Source (www.foundationsource.com)

Foundation Source is the nation's largest provider of support services for private foundations. The company enables families, directors, staff and advisors to focus more on mission, strategy and charitable giving, and less on back-office administration and compliance tasks.

Foundation Source offers a full range of administrative, compliance monitoring and grantmaking services that keep private foundations of all sizes running smoothly and in accord with IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws.  regulations and federal law. With over 300 private foundations under administration and 60 supported financial institutions, the company's back-office systems, online services and experts on-call create better run foundations with more community connection - while providing a more positive experience for those involved.

Foundation Source markets its products in partnership with leading law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
 and financial institutions, which include Atlantic Trust, JPMorgan Client Services, Bear Stearns, City National Bank, Clark Nuber, Mercantile Bank & Trust, TD Waterhouse and Wilmington Trust. The company is headquartered in Fairfield, Connecticut, with regional offices in Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts.

The Town of Boston is an interior town of the county and one of the county's "Southtowns.
 City, Palm Beach, Chicago, Denver, Salt Lake City, San Francisco and Seattle.

Foundation Source is a registered trademark of Foundation Source Philanthropic Services Inc.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jun 1, 2005
Words:480
Previous Article:Crown Resources Corporation and Kinross Gold Corporation Modify Exchange Ratio and Extend Acquisition Agreement.
Next Article:Perfect Storm Brewing in Health Care; Lack of Savings at the Eye.



Related Articles
Building on New Foundations.(charitable foundations increase dispersements)(Statistical Data Included)
Stalled Investing.(Flatiron Partners)(Brief Article)
Venturing Forward.(W.K. Kellogg Foundation)
DOING GOOD IS GOOD FOR BUSINESS.(corporate social responsibility)
R&D Lab: New ventures boost giving. (Asset Allocation).(New Ventures in Philanthropy)
Preparing for change: grantmakers looking for effectiveness. (New Ideas).
UNFIP: partnerships beyond borders.(United Nations Fund for International Partnerships)(related articles: UNF-UNFIP Programme Areas; Matching...
L.A. isn't at top of list for charity giving.
Internet advocacy: foundation aims to spur online activism.(Cyber Frontier)
Equal Access: making Digital Broadcast work for development.(Digital Broadcast Initiative, United Nations Development Programme, United Nations Fund...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles