Foundation Source has been sold to Incline Equity Partners

Based in Fairfield, Connecticut, Foundation Source is the nation’s largest provider of comprehensive support services for private foundations. The company’s online foundation management tools and complete portfolio of outsourced solutions include foundation creation, administrative support, active compliance monitoring, as well as philanthropic, tax and legal expertise.

Foundation Source is a well-respected, trusted provider that has been serving the market for nearly 20 years.  The company provides its services to more than 1,600 family, corporate and professionally-staffed foundations, of all sizes nationwide. Foundation Source works in partnership with wealth management firms, law firms, accounting firms and family offices as well as directly with individuals and families.

“As the leading provider of comprehensive foundation management solutions and an industry pioneer, we are excited to partner with Incline in this next iteration of the firm’s evolution,” said Susan Friedlander Calzone, Chief Executive Officer of Foundation Source. “We will continue, as always, to deliver service excellence to our clients, and this new partnership enables us to further penetrate our current market and expand into new ones.”

Lincoln International acted as the exclusive financial advisor for Foundation Source, working closely with its shareholders and management throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. Terms of the transaction were not disclosed.

Berkley Capital LLC Foundation Source Incline Equity Partners 2020
  • 2020
    Close Year
  • Business Services | Technology, Media & Telecom
    Industry
  • PE Backed
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries
Lincoln worked tirelessly with our entire management team throughout the process, and we greatly appreciate their level of senior attention and guidance.
Susan Friedlander Calzone
CEO of Foundation Source

Meet our Senior Team