Charityvest

Today, we are excited to announce that Vennfi, Inc., the financial technology company powering Charityvest, has been acquired by Foundation Source, the nation’s largest provider of cloud-based solutions for private foundations and planned giving. For our donors, here’s what you need to know about this news: ➤ The Charityvest you love will continue on as you know it. Your logins, balances, and contributions remain secure, with no interruptions. ➤ Our capabilities for larger balances are increasing. Our team and expertise is expanding. Read more about the announcement here: https://lnkd.in/eqEaYMuz Have any questions? Feel free to reach out to us or send us an email at support@charityvest.org.

Gratitude and excitement in equal measure today, with the Vennfi, Inc. team joining forces with Foundation Source to create a single provider of modern, innovative, cloud-based solutions to administrate DAFs, private foundations, and planned giving. One can’t help but reflect on the five-year journey and countless first-time founder lessons learned. A surprising source of satisfaction that emerged was the feedback from our team about the culture we cultivated over time. We have a few stated values up on the proverbial bulletin board, but one that always mattered greatly to me was “Give your best, not your all.” Stephen and I shared a belief that, if our team members brought their best thinking, creativity, and effort to their work — but explicitly not every last bit of their time and effort — that we would build a virtuous rhythm of labor and rest that would honor our people and enable them to do some of the best work of their careers. It seems like it worked. We’re fired up to continue bringing our best in service of Foundation Source’s existing clients, alongside their great team and leadership. So, while there are a lot of people I have reason to thank today, I want to give it up to the ones who lived our values, built our culture, and created innovative and novel software in the DAF space from the ground-up. Edmundo Santos Kathleen Williams Robert Romano Rebecca Jacobs Todd May Nathan Griffin Raul Silva Lucas Neves Thank you, team!

Very exciting news! Today Foundation Source acquired Vennfi, the #fintech powering donor advised fund Charityvest. Very excited to have the team join us and this acquisition will broaden our offerings and accelerate the delivery of giving solutions across the #wealthmanagement industry through a turnkey private label platform that will make offering and administering a #DAF easier and more efficient for DAF sponsors, broker-dealers, independent RIAs and other financial services organizations. #philtech #philanthropy #begiving https://lnkd.in/gt97uyqt

A new chapter! 📕 After nearly 5 years, building the world’s best team, doing Y-Combinator, raising multiple rounds of capital, and facilitating $155M to charity — Our venture Vennfi, Inc., which builds fintech for the donor-advised fund space and powers Charityvest, is joining forces with Foundation Source. Charityvest will continue on as-is, just with more power behind it! And with this partnership, we’ll combine strengths with Foundation Source — serving financial institutions, companies, and donors with the best of private foundations and DAFs from one place. One of the things we’ve said from the beginning: in giving, the tools matter. 🛠️ Can’t wait to build even stronger tools for many more folks in this partnership. Thanks to the many folks who have helped us get to this point below in the comments. 🙏 #philanthropy #dafs #givepurposefully #begiving

Our partner, Vennfi, Inc., the financial technology company powering Charityvest, has been acquired by Foundation Source, the leading provider of solutions for private foundations and planned giving. With this acquisition, Charityvest and Foundation Source will aim to create new opportunities for innovation in DAFs, and the whole philanthropic sector, going forward. “We are grateful for the past partnership with Vennfi and look forward to working closely with Foundation Source to harness additional capabilities to help our donors give more, and give more purposefully,” says Paul Glyer, CFA, the Secretary of Charityvest, Inc. To learn more, read the full press release here: https://lnkd.in/ew9kxKwS

We are excited about the DAF Giving Summit l this week in Nashville! The DAF Giving Summit brings together leaders in philanthropy and finance to discuss the evolving role of donor-advised funds and how they can be leveraged for greater impact in charitable giving. On Friday, Stephen Kump will share the stage with industry leaders who are passionate about advancing philanthropy and maximizing the impact of DAFs. You can learn more about the event here: https://lnkd.in/g2aXbcyJ #DAFGivingSummit #CharitableGiving #Philanthropy #DAF #DonorAdvisedFund

Happy DAF Day! 🚀 DAF Day is a new kind of giving day that reframes how donor-advised funds are used—and who uses them. Today is the perfect opportunity to maximize the impact of your DAF and make a difference in the causes you care about. Whether you're looking to make a grant, send a charitable gift card, join a Community Fund, or set your giving goal, DAF Day is all about using your giving power to create change. Your DAF is more than a financial tool—it's a powerful way to make an impact. Comment below if you are participating in DAF Day! #DAFDay #Philanthropy #CharitableGiving #Impact Chariot

DAF Day is right around the corner on October 10th, and we’re celebrating the power of donor-advised funds in charitable giving. 💙 If you are looking to get involved, here are some ways to make an impact on Charityvest: ➤ Make a grant to a charity and help further their mission to create meaningful impact. ➤ Send a charitable gift card to share the giving experience with friends or family. ➤ Support a Community Fund and give with others. ➤ Set up a giving goal to be intentional about your giving and track your charitable contributions throughout the year. We’re looking forward to celebrating DAF Day alongside our friends at Chariot! Learn more about DAF Day below. #DAFDay #CharitableGiving #DAF #DonorAdvisedFund #CollaborativeGiving

Curious about the best way to approach your charitable giving? Whether you're considering giving directly to charities or using a donor-advised fund, each option comes with unique benefits. ➤ Direct donations allow for immediate impact, letting you participate in specific fundraisers or initiatives with ease. ➤ DAFs provide tax advantages, simplify your giving process, and enable you to donate a wider range of assets—all while supporting the causes you care about over time. Learn more about how each approach could work for you and start planning your giving strategy today! 🤲 You can read more on our blog below. #CharitableGiving #Philanthropy #DAF #DonorAdvisedFund #Nonprofit #DirectDonation

Thank you, Praxis, for showcasing our partnership with Impact Foundation! Through this partnership, Charityvest users can align their investments with their values by supporting for-profit ventures for social good or offering recoverable grants and loans to charities. Read more below! ⬇️