Foundation Source
EXCLUSIVE: Foundation Source To Unveil Philanthropy Partnership With Advisory Network
26 April 2013
Foundation Source is set today to unveil a strategic alliance with the International Association of Advisors in Philanthropy.
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Private Foundations With Under $50 Million Stepped Up Giving In 2012
20 March 2013
Giving at private foundations with endowments of under $50 million jumped 9. 1 per cent in 2012 versus 2011, new data shows . These smaller foundations represent 98 per cent of all US private foundations, according to Foundation Source, which this week released its data for 2012 giving.
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New White Paper Lays Out Guidelines For Private Foundations Investing In Hedge Funds
11 February 2013
Foundation Source has released a new whitepaper, Guidelines for Private Foundations Investing in Hedge Funds, that outlines key points to consider when a private foundation’s portfolio includes investments in hedge funds. The report, aimed at financial advisors, underscores the following factors as vital aspects to think about when a private foundation’s portfolio includes investments in hedge funds: • Prohibitions on the foundation’s financial transactions with insiders; • Limitations on the foundation’s ownership interests in business enterprises; • Fiduciary obligations of business care and prudence; • Issues of liquidity; and • Income tax at funding and during foundation holding of hedge fund investments . “The rules governing these matters often are counterintuitive and may result in adverse consequences to the unwary foundation and its managers,” the report says.
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New Study Unveils The World Of Small, Mid-Size Private Foundations
8 November 2012
The majority of foundations may behave very differently than previously thought due to a heavy bias toward large foundations in study samples, a new report from Foundation Source reveals.
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The Expectations Of Billionaire Philanthropists
19 September 2012
Billionaire philanthropists expect to see their hefty donations bear fruit in their lifetimes, as a trend toward effectiveness within philanthropy gathers pace, according to a recent gathering of some of the world’s wealthiest people.
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Foundation Source Overhauls Brand To Reflect Changing Times In Philanthropy
13 September 2012
Foundation Source, the service provider for private foundations, has overhauled its brand and online presence. The new brand proposition includes a redesigned logo, corporate identity and website . Alongside the image refresh, the firm has renovated and expanded its Fairfield, CT, headquarters.
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Wealth Management Executive Moves - North America June 2012
5 July 2012
Bob Diamond resigned as chief executive of Barclays in the wake of a LIBOR-rigging scandal that has rocked the financial industry. Eaton Vance Investment Counsel, a subsidiary of New York-listed Eaton Vance, appointed William Gillen as vice president of business development . Gillen will be responsible for enhancing its presence “in the marketplace and overall marketing efforts,” as well as managing select client relationships, reporting to David McCabe, president of EVIC.
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Foundation Source Hires From Merrill Lynch, Wilmington Trust
27 June 2012
Foundation Source, a firm working with US private foundations, has appointed two senior managing directors to cover the east and west regions. Shannon Baker will serve the west region from a base in Colorado . She joins from Merrill Lynch, where she was a financial advisor working with high and ultra high net worth clients.
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Executive Moves - May 2012
5 June 2012
Washington Wealth Management’s chief executive and co-founder Anthony Sirianni left to pursue “other personal and professional interests,” the firm said. Robert Bartenstein, who previously served as chief of firm strategy, replaced Sirianni . Robert Kaplan, co-chief of the asset management unit at the SEC’s enforcement division, joined Debevoise & Plimpton as a litigation partner resident in Washington DC.
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US Private Foundations Not Fully Recovered From Recession; Donors "Undeterred"
8 May 2012
Assets at US private foundations with under $50 million in capital remain below their pre-recession levels, having dipped in 2011, but donations have remained strong, according to data from Foundation Source.
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News and Features
Latest News
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Summary Of Miscreants In The World's Wealth Management Industry
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US Wealth Management Recruits Two Advisory Teams, Targets $1 Billion AuM Next Year
Comment and Analysis
EXCLUSIVE: Citi Private Bank: Reaping Rewards From Client Feedback
WE Family Offices Sets Out To Reshape The Landscape Of UHNW Wealth Management
FEATURE: A Look At The Mexican High Net Worth Client Market
EXCLUSIVE: Thomas Carroll On His First Few Months At The Helm Of GenSpring
EXCLUSIVE: Industry Leaders Debate Hot Topics Of Client Centricity, Communications
Expert Commentary
- Top Story
- Opinion of the Week
- Industry Insight
- View from the Top
- Editor's Choice
- Investment Strategy
Zürcher Kantonalbank Expects To Pay Big Fine To US Over Tax Evasion Case
Zürcher Kantonalbank, the biggest Swiss cantonal bank, expects to pay a fine to US authorities as part of a deferred prosecution agreement for its alleged role in helping US citizens evade taxes, media reports said.
Tom Burroughes
24 May 2013
Guest Opinion: An Earnings Report Every Hedge Fund Manager Should Review
Here Diane Harrison, principal and owner of Panegyric Marketing, argues that the debate over fees in the hedge fund industry often focuses on the wrong topics.
Diane Harrison
20 March 2013
Q&A: Rockefeller & Co's Jimmy Chang On The Investment Environment
Here, Jimmy Chang, a senior portfolio manager and a managing director of Rockefeller & Co, discusses some issues around investing in the current environment.
Harriet Davies
4 April 2013
INTERVIEW: Regular Risk Reviews Gain Traction In The Family Office World
The period between 2008 and 2012 saw an uptick in risk reviewing business at New York’s Rothstein Kass Family Offices Group, says partner Evan Jehle.
Harriet Davies
9 April 2013
FEATURE: Twins And The Business Of Family
Building functionality into a family’s business affairs involves defining each person’s role but it’s never easy to think differently about family members who were children at the dinner table, but are now adults around the board table.
Charles Lowenhaupt
8 April 2013
Guest Opinion: Diversification In The Age Of Globalisation
Marc Odo, director of research at software and business intelligence firm Informa Investment Solutions, discusses why diversification failed during the credit crisis.
Marc Odo
25 March 2013
