Accounting Firms
Accounting firms with non-profit or tax-exempt practices for whom foundations are a strategic focus rely on us to help them grow their foundation business and develop deeper relationships with their foundation clients.
These firms can easily identify and research new and established foundations in their geographic service area whether they have a local, regional or national focus. We indicate who a foundation's Trustees are, provide searchable copies of their most recent and historical 990PF tax returns, collect news items and summarize their philanthropic activities.
Of course, gaining insights on foundations is important. But one cannot overlook the importance of identifying the individuals related to these foundations. We facilitate this thinking by allowing our clients to search for Trustee affiliations across all foundations helping them connect the dots and, where desired, extend their professional relationships.
Many of our accounting firm clients ask, "who can I ask for referrals to prospective foundation clients?". Our answer to this question is profound. By allowing them to search across over a complete nationwide set of 990PFs, we can tell them which foundations already work with law firms or other service providers with whom they have a relationship. As a result, it is easy for them to ask for targeted referrals.
Many of our accounting firm clients tell us that philanthropy is becoming increasingly important to many of their high-net worth clients some of who have established or are considering creating a foundation. We give them insights that they can use to advise their clients to make better decisions regarding philanthropy. These insights include answering questions such as "which foundations in New York state are supporting early childhood education or global warming?". Being able to answer these types of questions goes along way in building deeper relationships with philanthropically-minded clients.
Every foundation must complete a tax return. And although not require to do so by law, many larger foundations want to have annual audits completed. Whether you offer tax, audit or other consulting services we offer insights that can help you grow your foundation business and build deeper relationships with your foundation clients.