Foundation Source Appoints Erin Harrigan as New Chief Financial Officer to Drive Growth
Foundation Source Names Erin Harrigan Chief Financial Officer
On July 10, 2025, Foundation Source announced a significant leadership change within its organization by naming Erin Harrigan as the new Chief Financial Officer (CFO). This appointment highlights the firm's commitment to enhancing its operations and service offerings for donors, nonprofits, and wealth advisors. Erin's extensive background in financial management, particularly at Foundation Source, underscores her readiness to lead the firm's financial strategies during a pivotal time of growth.
With over 20 years of experience, Erin Harrigan has been with Foundation Source since 2015, contributing substantially to the firm's transformation from a specialist providing private foundation services into a comprehensive solutions provider for enterprise clients. Her promotion to CFO was approved by the board of directors, recognizing both her strategic acumen and her deep commitment to the company's mission.
During her tenure, Erin has played an instrumental role in enhancing the company’s financial oversight mechanisms and facilitating its operational expansion. As Foundation Source expanded its offerings in response to an increasingly complex philanthropic landscape, Erin's leadership ensured that the financial operations scaled efficiently. This initiative was particularly crucial as the firm acquired four companies in the philanthropic services sector: PG Calc, Vennfi, Giving Place, and Pacific Foundation Services over the last 18 months.
In her new role as CFO, Erin will be responsible for overseeing financial planning, risk management, and performance reporting across all entities under Foundation Source. Moreover, she will also be involved in merger and acquisition strategies as the company pursues its long-term growth objectives. Her position transcends traditional financial responsibilities, extending into strategic leadership that encompasses oversight of human resources and corporate administration. This holistic approach aims to ensure cohesive business operations and sustainable development.
Erin expressed her excitement about her new role, noting, "It has been incredibly rewarding to be part of Foundation Source's journey over the past decade, helping to shape our growth into the leading provider of charitable giving solutions. I’m honored to take on the CFO role at such an exciting time and I look forward to continuing to work alongside our exceptional team."
Joseph Mrak III, the CEO of Foundation Source, praised Erin's invaluable contributions, stating, "Erin has been an invaluable leader at Foundation Source. She has guided our financial operations through periods of rapid growth and increasing complexity with vision, precision, and deep care for our mission and team. We are thrilled to have her step into the CFO role as we enter our next phase of expansion."
As of June 30, 2025, Foundation Source supports over 2,300 private foundations and 1,800 nonprofits, administering a staggering $40 billion in charitable assets and facilitating more than 180,000 grants and planned gifts each year. Their status as a leading provider of philanthropic software and services makes this transition even more critical.
Foundation Source is recognized for its innovative approach in providing integrated, enterprise-grade solutions that span private foundations, donor-advised funds, and planned giving programs. The comprehensive suite of tools offered includes end-to-end administrative support for the most popular charitable vehicles, specialized compliance, and tax development capabilities aimed at maximizing philanthropic impact.