Give Focuses on Transforming Donor-Advised Fund Solutions After Selling Giving Place to Foundation Source

Give's Strategic Move in Philanthropy Management



In a significant industry shift, Give, a subsidiary of TIFIN, has finalized the sale of its Giving Place product to Foundation Source. This platform was renowned for its role in supporting family office giving initiatives and managing private foundations. The acquisition, which took place on April 21, 2025, marks a pivotal shift in Give's strategy as it refines its focus on donor-advised fund (DAF) offerings—a sector poised for substantial growth and innovation.

As Give transitions away from managing Giving Place, its leadership emphasizes a commitment to enhancing donor experiences through advanced technologies. Stacy Carter, COO and Partner at TIFIN, remarked, "Selling Giving Place allows us to concentrate on scaling our DAF solutions, which represent the future of effective philanthropy." This move underlines the increasing demand for streamlined, impactful giving tools in an evolving financial landscape.

Paul Lussow, the CEO of Give, added that this decision aligns with their vision of becoming the leading provider of next-generation DAF solutions. He expressed confidence in Foundation Source's capability to continue nurturing the Giving Place product, ensuring it remains a robust option for its users. "Foundation Source's established expertise in philanthropic technology makes this handover a strategic advantage, ensuring continuity and innovation for Giving Place's existing customers."

The decision to divest Giving Place underscores Give's trajectory toward pioneering advancements in charitable giving technologies. As the company seeks to redefine its identity in the philanthropy space, it aims to leverage its digital platform capabilities to offer unparalleled user experiences in DAF management. The objective is not just about retaining relevance but driving philanthropy into a more user-centric, technology-driven era.

A Leader in Philanthropic Solutions



Give, as part of the TIFIN ecosystem, integrates cutting-edge data science and AI technology to optimize charitable contributions and empower families, advisors, and institutions to make the most of their giving potential. TIFIN’s broader framework—including notable entities such as TIFIN Magnifi and TIFIN Wealth—provides a solid foundation for Give to enhance its operational focus on DAFs, made possible by the successful transaction of Giving Place.

Implications for the Philanthropic Sector



This important merger comes at a time when the philanthropic sector is witnessing a paradigm shift towards technology-driven solutions. Organizations like Foundation Source are positioning themselves at the forefront of this movement, bringing a renewed sense of efficiency and innovation in how funds are structured and managed. Foundation Source's acquisition of Giving Place enhances its service offering for private foundations and donor-advised funds, pulling together expertise and resources to create more effective giving strategies.

The transaction highlights a crucial trend in the financial services industry where tech-driven solutions are becoming more critical in answering the nuanced expectations of all stakeholders involved in philanthropic endeavors. Give’s pivot represents not only a business maneuver but a commitment to enhancing the overall giving landscape by focusing on scalable and innovative DAF solutions.

Using innovative technology, Give is driven to elevate philanthropy to new heights, ensuring that charitable endeavors are not only fulfilling but also effective and transformative for communities worldwide. With a steadfast commitment to innovation and service excellence, Give is poised to redefine the future of philanthropy in a rapidly evolving sector.

Topics Financial Services & Investing)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.