Foundation Source - About the company
Foundation Source is an acquired company based in Fairfield (United States), founded in 2001. It operates as a Provider of suite solutions for nonprofit organization. Foundation Source has raised $2.99M in funding. The company has 429 active competitors, including 32 funded and 25 that have exited. Its top competitors include companies like Blackbaud, Daxko and i3 Verticals.
Company Details
Provider of suite solutions for nonprofit organization. It offers tools for compliance monitoring, transaction processing, filing requirements, and financial and regulatory reporting. It also allows users to manage grant workflow.
- Website
- foundationsource.com
- Social
- Email ID
- *****@foundationsource.com
- Phone Number
- +1 **********
- Registered Address
- Fairfield, Connecticut
Key Metrics
Founded Year
2001
Location
Fairfield, United States
Stage
Acquired
Total Funding
$2.99M in 1 round
Latest Funding Round
Investors
Ranked
11th among 429 active competitors
Employee Count
276 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by GTCR (Sep 13, 2023)
Legal entities associated with Foundation Source
Foundation Source is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FOUNDATION SOURCE PHILANTHROPIC SERVICES, INC. CIN: 510398347 , United States, Active | Dec 26, 999 | - | 215 (As on Dec 31, 2024) | - |
Foundation Source Philanthropic Services Inc CIN: 3200718 , United States, Active | Mar 23, 2000 | - | - | - |
FOUNDATION SOURCE PHILANTHROPIC SERVICES INC. CIN: 104866496 , United States, Active | Sep 18, 2014 | - | - | - |
Foundation Source's acquisition details
Foundation Source got acquired by GTCR on Sep 13, 2023.
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Foundation Source's funding and investors
Foundation Source has raised a total funding of $2.99M over 1 round. Foundation Source has 2 institutional investors.
Here is the list of recent funding rounds of Foundation Source:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 27, 2010 | 6032280 | Seed | 5554172 | 5499732 | 6045664 | 8576660 |
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Foundation Source's founders and board of directors
Founder? Claim ProfileFoundation Source's employee count trend
Foundation Source has 276 employees as of Jun 26. Here is Foundation Source's employee count trend over the years:
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Foundation Source's Competitors and alternates
Top competitors of Foundation Source include Blackbaud, Daxko and i3 Verticals. Here is the list of Top 10 competitors of Foundation Source, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blackbaud 1981, Charleston (United States), Public | Developer of software for nonprofits, education, corporate social responsibility, and foundations | - | 68/100 | |
2nd | Daxko 1998, Birmingham (United States), Acquired | Provider of cloud-based suite solutions for nonprofit organizations | $7.75M | 66/100 | |
3rd |  i3 Verticals 2012, Nashville (United States), Acquired | Payment processing solutions for businesses | $42.1M | 64/100 | |
4th |  Virtuous 2014, Phoenix (United States), Series C | Provider of a customer relationship management platform for nonprofit organizations | $141M | 62/100 | |
5th | Better Impact 1998, Chicago (United States), Acquired | Software platform for managing volunteers, donors, members and clients for organizations | - | - | 60/100 |
6th | Bitrix24 2012, Alexandria (United States), Unfunded | Cloud-based collaboration and communication management tool | - | - | 57/100 |
7th | neighbourly 2013, Bristol (United Kingdom), Series A | Cloud-based suite solutions for nonprofit organizations | $10.8M | 55/100 | |
8th | Givebacks 2007, Raleigh (United States), Funding Raised | Cloud-based suite solutions for nonprofit organization | - | 53/100 | |
9th | Cloud-based suite solutions for nonprofit organizations | $6.34M | 53/100 | ||
10th | Advanced Solutions International 1991, Alexandria (United States), Acquired | Innovative solutions empowering associations, unions, and non-profits to achieve great things | $26.5M | 53/100 | |
11th |  Foundation Source 2001, Fairfield (United States), Acquired | Provider of suite solutions for nonprofit organization | $2.99M | 41/100 |
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Foundation Source's Investments and acquisitions
Foundation Source has acquired G Calc. Foundation Source has not made any investments as of now.Reports related to Foundation Source
Here is the latest report on Foundation Source's geography:
News related to Foundation Source
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GTCR snaps up foundation management services firm Foundation SourcePE Hub•Sep 13, 2023•GTCR, Foundation Source
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Foundation Source Names Peter Handler Philanthropic Director For Central RegionPR Newswire•Jul 22, 2020•Foundation Source
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Foundation Source partners with Endowment Wealth ManagementWealthadviser•May 19, 2020•Endowment Wm, Foundation Source
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Foundation Source Announces Acquisition By Incline Equity PartnersPR Newswire•Jan 28, 2020•Foundation Source, Incline Equity Partners
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