Charityvest

Today, we are excited to announce that Vennfi, Inc., the financial technology company powering Charityvest, has been acquired by Foundation Source, the nation’s largest provider of cloud-based solutions for private foundations and planned giving. For our donors, here’s what you need to know about this news: ? The Charityvest you love will continue on as you know it. Your logins, balances, and contributions remain secure, with no interruptions. ? Our capabilities for larger balances are increasing. Our team and expertise is expanding. Read more about the announcement here: https://lnkd.in/eqEaYMuz Have any questions? Feel free to reach out to us or send us an email at [email protected].

Whether you’re donating cash, securities, or complex assets, we’ve outlined key dates to make sure you contribute to your DAF on time and maximize 2024 tax benefits. If you have any questions, reach out to us or send us an email at [email protected]. Read more in our blog post here: https://lnkd.in/eb8p3w6Y #YearEndGiving #CharitablePlanning #DonorAdvisedFunds #TaxBenefits #CharitableGiving #Philanthropy Foundation Source

In this recent interview with Stephen Kump, President of DAFs at Foundation Source, he offers valuable insight into the future of our partnership. “As Foundation Source acquired Charityvest’s software partner, Vennfi, Inc. (acquired by Foundation Source), it will continue to fully support Charityvest. Through that partnership, it can offer DAFs to Foundation Source’s private foundation clients, white-label programs for wealth managers and workplace giving programs for corporations.” For more on the strategic vision behind our partnership with Foundation Source, read the full Q&A below. #Philanthropy #DAFs #DonorAdvisedFunds #CharitableGiving

It’s been a historic year of growth for Foundation Source as we continue to expand our capabilities and make giving easier. We recently caught up with?our new President of DAFs, Stephen Kump,?to ask some of our most burning questions on what the next few months will look like. Read here ???

Congratulations to the entire Charityvest team on their acquisition by Foundation Source! We are proud to have backed Charityvest since 2020 and witnessed its growth in transforming donor-advised funds. We look forward to seeing their next chapter unfold! Read more here: https://lnkd.in/eqEaYMuz

Big News from Our First Cohort! We’re excited to celebrate?Charityvest, a member of The Founders Arena’s inaugural cohort, as part of a major milestone! Foundation Source has officially acquired?Vennfi, Inc., the fintech company behind Charityvest, transforming how donor-advised funds support philanthropic giving. This acquisition marks a huge step forward for innovation in the charitable space, and we couldn’t be prouder to have had them as a participant in our inaugural cohort. Here’s to continued success for?Charityvest?and their mission of making giving easier and more impactful. ?? READ THE FULL RELEASE HERE ?? https://lnkd.in/ew9kxKwS Stephen Kump Jennifer Dempsey Fox Gary Walker Marshall Smith John Langston, CAIA #Philanthropy #FinTech #CharitableGiving #ImpactInvesting #SocialImpact #NonProfit #DonorEngagement #WealthManagement #TechForGood #Innovation #StartupSuccess #DigitalTransformation #FinTechInnovation #GivingBack #TheFoundersArena #FuelingFounders

It was fun to begin this new chapter alongside Foundation Source at the DAF Giving Summit! In partnership with Foundation Source, we look forward to facilitating more purposeful giving for our community of advisors, workplaces, and donors. The future of giving is bright. Learn more about our partnership here: https://lnkd.in/eqEaYMuz #DAFGivingSummit #Philanthropy #CharitableGiving #DAF

Gratitude and excitement in equal measure today, with the Vennfi, Inc. team joining forces with Foundation Source to create a single provider of modern, innovative, cloud-based solutions to administrate DAFs, private foundations, and planned giving. One can’t help but reflect on the five-year journey and countless first-time founder lessons learned. A surprising source of satisfaction that emerged was the feedback from our team about the culture we cultivated over time. We have a few stated values up on the proverbial bulletin board, but one that always mattered greatly to me was “Give your best, not your all.” Stephen and I shared a belief that, if our team members brought their best thinking, creativity, and effort to their work — but explicitly not every last bit of their time and effort — that we would build a virtuous rhythm of labor and rest that would honor our people and enable them to do some of the best work of their careers. It seems like it worked. We’re fired up to continue bringing our best in service of Foundation Source’s existing clients, alongside their great team and leadership. So, while there are a lot of people I have reason to thank today, I want to give it up to the ones who lived our values, built our culture, and created innovative and novel software in the DAF space from the ground-up. Edmundo Santos Kathleen Williams Robert Romano Rebecca Jacobs Todd May Nathan Griffin Raul Silva Lucas Neves Thank you, team!

Very exciting news! Today Foundation Source acquired Vennfi, the #fintech powering donor advised fund Charityvest. Very excited to have the team join us and this acquisition will broaden our offerings and accelerate the delivery of giving solutions across the #wealthmanagement industry through a turnkey private label platform that will make offering and administering a #DAF easier and more efficient for DAF sponsors, broker-dealers, independent RIAs and other financial services organizations. #philtech #philanthropy #begiving https://lnkd.in/gt97uyqt

A new chapter! ?? After nearly 5 years, building the world’s best team, doing Y-Combinator, raising multiple rounds of capital, and facilitating $155M to charity — Our venture Vennfi, Inc., which builds fintech for the donor-advised fund space and powers Charityvest, is joining forces with Foundation Source. Charityvest will continue on as-is, just with more power behind it! And with this partnership, we’ll combine strengths with Foundation Source — serving financial institutions, companies, and donors with the best of private foundations and DAFs from one place. One of the things we’ve said from the beginning: in giving, the tools matter. ??? Can’t wait to build even stronger tools for many more folks in this partnership. Thanks to the many folks who have helped us get to this point below in the comments. ?? #philanthropy #dafs #givepurposefully #begiving