July, 29 2009 — Foundation Source, the nation’s leading provider of support services for private foundations, today announced that two senior executives have joined the leadership team of Foundation Source Advisors. Martha Campbell, based in Oakland CA, has been named Philanthropic Director, Western Region, and will work primarily with the company’s West Coast clients. Robert Burakoff, based in Arlington MA, has been named Senior Advisor, and will oversee Foundation Source’s consulting services nationwide and serve as a philanthropic resource for the company’s East Coast clients. They join a team that includes Sharon Schneider, Philanthropic Director, Central Region, and Page Snow, Foundation Source Chief Philanthropic Officer and President of Foundation Source Advisors, who is based in Fairfield, CT.
FAIRFIELD, Conn., June 18, 2009 — Foundation Source, the nation’s leading provider of support services for private foundations, confirmed today that one out of every nine new private, non-operating foundations formed in the United States in the calendar year 2007 (the last year for which data is available) was formed on the Foundation Source platform. In determining its share of newly formed foundations, the company once again relied on data published in the Foundation Center’s annual report, Foundation Growth and Giving Estimates, which, in turn, is based on data published by the IRS.