Foundation Source Achieves Major Milestone in Formation of New Private Foundations
o Online Grantmaking – pioneered and perfected by Foundation Source with the debut of Foundation Source Online, the company’s award-winning online platform for research, tracking, granting and reporting
o Grants to Individuals – through coordination with the IRS, Foundation Source clients are able to easily grant funds directly to individuals for emergency, hardship and medical purposes.
o No- Interest Loans – in a recent innovation, Foundation Source launched its “Mortgage Assistance Program” enabling private foundations to provide direct financial assistance to families under the threat of foreclosure.
o Grant Certificates – philanthropic “gift certificates” that allow foundation families to give the joy of giving to others.
o International Grants – routine under the Foundation Source banner.