Foundation Source Welcomes Suzanne van Staveren to Its Board of Directors for Strategic Growth

Foundation Source Welcomes Suzanne van Staveren to Its Board of Directors

Foundation Source, the leading provider of cloud-based charitable giving solutions in the United States, made a significant announcement today regarding its Board of Directors. Suzanne van Staveren, an accomplished leader in the financial services sector, has been appointed as a new board member. As the current Executive Vice President, Chief Financial Officer, and Chief Operating Officer at Edelman Financial Engines, Ms. van Staveren brings over two decades of extensive leadership experience, particularly in growing organizations and implementing strategic financial initiatives.

Joseph Mrak III, the CEO of Foundation Source, stated, "We are excited to welcome Suzanne to the board during this pivotal time for Foundation Source. Her significant expertise aligns perfectly with our commitment to thrive as a partner-of-choice in the PhilTech space. We are confident that her insights will elevate our strategies and drive future achievements."

The decision to add Ms. van Staveren to the board coincides with the company’s recent appointments of revered industry veterans, such as Mark Casady, Pamela Norley, and Chip Roame. Additionally, it follows Foundation Source's strategic acquisitions of Vennfi and PG Calc, enhancing its technological capabilities and expanding its role as a provider of comprehensive philanthropic solutions for wealth managers.

Ms. van Staveren's impressive track record includes notable positions that have greatly impacted the financial services industry. Before her tenure at Edelman Financial Engines, she was the CFO for the Personal and Financial Management Group at Goldman Sachs. Here, she was instrumental in driving financial operations and overseeing significant corporate benefits programs. Moreover, her contributions as COO for the Americas Institutional Business at Goldman Sachs Asset Management showcased her ability to manage large-scale operations and strategic initiatives.

Throughout her career, Ms. van Staveren has held key roles at financial giants such as Fidelity Investments and AXA, where she honed her skills in strategic planning, operational leadership, and innovative financial product development. Her commitment to philanthropy is evident; she aims to integrate charitable giving into financial planning conversations, enhancing the wealth management experience for clients.

In Ms. van Staveren's own words, "It is an honor to align with a company that prioritizes advancing the wealth management sector through effective and accessible philanthropic solutions. I am passionate about helping organizations expand their capabilities and develop talent, and I look forward to contributing to the Foundation Source board during this exciting growth phase.”

Foundation Source has cemented its position at the forefront of PhilTech, offering end-to-end support for private foundations, donor-advised funds, and planned giving. The company's cloud-based platforms are tailored to facilitate every phase of charitable giving, supported by a suite of compliance and advisory services. With 65 years of collective industry experience, it empowers over 4,000 charitable organizations while managing more than $26 billion in foundation assets. Annually, it facilitates around 160,000 grants and planned gifts, showcasing its extensive impact within the philanthropic community.

With the addition of Suzanne van Staveren to its Board of Directors, Foundation Source is poised to navigate new challenges and opportunities, further solidifying its role in transforming the landscape of philanthropic solutions across the country.