Foundation Source names Casady to its board of directors

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.

Mar 06, 2024
10 months ago
Mark_Casady

Foundation Source, a provider of cloud-based services for private foundations, just appointed Mark Casady, former chairman and CEO of LPL Financial, to its board of directors.

Casady, also the founder of Vestigo Ventures, has four decades of experience in financial services. 

The appointment comes on top of Vestigo’s recent investment in Foundation Source. 

Other recent appointments to the board include former Fidelity Charitable President Pamela Norley and Tiburon Strategic Advisors founder Charles "Chip" Roame.

“We are delighted to welcome Mark to our experienced board of esteemed industry veterans,” said Joseph Mrak III, Foundation Source CEO. “Mark’s intimate knowledge of wealth managers and his deep understanding of the technology shaping the financial services ecosystem will be invaluable as we evolve to become the go-to source of enterprise-caliber charitable-giving solutions and provide the best of what fintech has to offer to donors, nonprofits, and their financial and philanthropic advisers.”

Foundation Source was acquired last year by Chicago-based private equity firm GTCR, which also owns Captrust and Allspring Global Investments. In February, it acquired PG Calc, a provider of planned giving services and software, expanding Foundation Source's suite of charitable giving solutions.

Marcus Baram
Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.