Deals Of The Day: The Latest In Wealth Management M&A – Foundation Source, Giving Place

Editorial Staff

2 May 2025

Foundation Source, Giving Place
Foundation Source, which provides technology solutions for donors, nonprofits, institutions, and advisors, has acquired Giving Place, a software platform for family office giving programs and private foundations.

The platform was sold by Give, a TIFIN Company. The terms of the transaction were not disclosed.

"We know that private, family-led foundations often navigate complex wealth planning challenges, and their advisors need high-quality technology that delivers a complete, intuitive view of client giving," Joseph Mrak III, CEO of Foundation Source, said.

The deal follows Foundation Source's acquisitions of Vennfi, the fintech powering donor-advised fund sponsor Charityvest, and PG Calc, a major player in planned giving software and services.

GTCR acquired Foundation Source in September, 2023. This news service interviewed Joseph Mrak , who had joined the organization from Refinitiv.

As of December 31, 2024, Foundation Source supported more than 4,000 charitable organizations and administered more than $26 billion in foundation assets.