The Foundation Source Solution
Foundation Source provides a turn-key solution for private foundations, so you can offer this powerful tax management and planned giving vehicle to your high net worth clients as part of a comprehensive financial plan. Foundation Source eliminates the complications traditionally associated with running a private foundation, so your clients can focus on their charitable giving.
Foundation Source services include:
  • State and federal filings, including 990-PF and excise taxes
  • Compliance monitoring per IRS regulations
  • Full grant management, including inbound mail processing, charity verification and grant disbursements
  • Individualized access and granting rights for each family member
  • Unique granting services, such as scholarships, grant certificates and emergency/hardship grants to individuals
  • 24/7 online access to all foundation documents and history
  • Reimbursement of foundation expenses
  • Research using a database of over 750,000 IRS-approved charities
You continue to provide investment advice and earn fees for managing the foundation assets.
Foundation Source can deliver a new foundation in three business days or less. The company also provides services for existing foundations, whether trust or corporate format — regardless of the state of incorporation.
Benefits to you:
  • Provides greater insight into your clients' personal aspirations and values
  • Initiates referrals to family members and other high-net-worth individuals
  • Consolidates a higher percentage of client assets with your firm. These assets typically outlive the founder and span multiple generations
Benefits to your clients:
  • Possible immediate tax deduction for gifts that will be made in the future
  • The creation of a philanthropic legacy that involves the entire family and fulfills personal philanthropic goals
  • The highest level of control over the management (through you, the advisor) and distribution of foundation assets
  • Access to Foundation Source's philanthropic network, a national network of strategic partners and credentialed advisors that will help the family develop and execute their charitable giving programs
For more information on Private Foundations, call 1-800-934-6124.

Download a brochure to share with your client.
*TD AMERITRADE does not provide tax advice. Where appropriate it is suggested that you seek the advice of a tax planning professional.

Foundation Source is not affiliated with TD AMERITRADE and TD AMERITRADE makes no representations or warranties with respect to the Foundation Source services.