Foundation Source Appoints Sabrina Bailey as New President to Enhance Leadership Structure

Foundation Source Appoints Sabrina Bailey as President

FAIRFIELD, Conn., March 10, 2026 – Foundation Source, the preeminent provider of software and solutions tailored for philanthropy, has announced the appointment of Sabrina Bailey as its new President. This newly minted position comes at a pivotal moment as the company strengthens its leadership framework to support ongoing expansion and enhancement of its platform.

The appointment of Ms. Bailey is considered crucial as Foundation Source embarks on its next chapter of growth. In the previous year alone, the organization facilitated over $4 billion in charitable grants, marking a record for the most significant annual total in its illustrious history. By integrating its philanthropic offerings, Foundation Source is set to better support an array of charitable objectives and align with modern wealth management practices. The company recognizes the need for a robust leadership structure to ensure operational excellence and ensure it meets the increasing demands of its clientele.

As the newly appointed President, Bailey will work intimately with the CEO, Joseph Mrak III, and the executive leadership team, focusing on driving strategic alignment and operational rigor across the organization's expanding array of philanthropic solutions. Joseph Mrak expressed his enthusiasm about Bailey's joining, stating, “This appointment signifies a vital step in Foundation Source's growth journey. With Sabrina onboard, we are poised to scale our enterprise platform effectively while enhancing our relationships with financial institutions, advisors, nonprofits, and donors.”

Bailey brings a wealth of experience to this role, previously serving as the Chief Executive Officer of Fiducient Advisors, a notable national investment consultancy. Her background includes significant roles in various esteemed companies such as LSEG (London Stock Exchange Group), Northern Trust, and Mercer, where she honed her skills in strategizing for complex client-oriented segments.

Reflecting upon her new role, Bailey commented on the intersection of philanthropy and technology, emphasizing its growing importance in how individuals and institutions strategically consider their impact. “Joining foundation Source at this pivotal moment is thrilling,” she said. “The company has established a formidable platform powered by a committed team and an exceptional workplace culture. I am looking forward to collaborating with the leadership team to enhance execution strategies, deepen client relationships, and expand support for meaningful philanthropic outcomes.”

As President, Bailey's remit will encompass overseeing Foundation Source's core business operations alongside various critical functional areas. Her agenda will prioritize cross-functional coordination, enhancement of performance metrics, and ensuring a consistent delivery of positive outcomes for clients across private foundations and donor-advised funds.

This strategic staffing move underscores Foundation Source's commitment to transforming itself into a modern, enterprise-grade PhilTech provider. By offering integrated and technology-enhanced solutions, the company is positioned to better serve donors, nonprofits, advisors, and financial institutions alike.

About Foundation Source
Foundation Source has established itself as the prime provider of philanthropic software and services, pioneering the realm of philanthropic technology. The company is the leading partner for comprehensive, enterprise-grade solutions, including private foundations, donor-advised funds, and planned giving programs. With a flexible suite of tools and resources, Foundation Source offers end-to-end administrative support tailored to the most prevalent charitable vehicles, alongside specialized compliance, tax, and consulting capabilities designed to optimize impact, reduce risks, and enhance efficiency within the philanthropic landscape. Currently, as of December 31, 2025, Foundation Source supports over 5,600 private foundations, manages 20,000 DAF accounts, and collaborates with approximately 1,700 nonprofits. Annually, the firm facilitates over 190,000 grants and planned gifts, representing a staggering annual total of more than $4 billion in charitable aid.