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Announced

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Foundation Source completed the acquisition of Vennfi.

Synopsis

Foundation Source, a provider of cloud-based solutions for private foundations and planned giving, completed the acquisition of Vennfi, a financial technology company. Financial terms were not disclosed. "With this acquisition, Foundation Source can now offer a DAF platform with an intuitive and frictionless user experience that sets a new industry standard for technology innovation. This strategic acquisition is an important milestone in Foundation Source's mission to make giving easier and more impactful, and we're excited to make these philanthropic solutions widely available to help people and companies drive change," Joseph Mrak III, Foundation Source CEO.

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