Reduce the time and costs of managing a Foundation. We provide a professional outsourced service for day to day financial administration. This allows you to focus on the worthy causes your foundation will support.
Prism’s Foundation Administration services are aimed at grant making charities. These charities often don’t require a full time member of staff or an office, with all their associated costs. For time poor volunteer trustee boards, they often cannot manage the day to day running of the foundation amongst their other obligations, so it makes sense for them to outsource the administration to the expert team at Prism, who provide a tailored, value for money service. The board can then focus on selecting recipients of grants and fulfilling the grantmaking strategy of the organisation, with the appropriate professional support with the day to day running.
What are the benefits?
Prism can assist foundations with a whole host of services to ensure that the foundation runs smoothly, at a much lower cost than a staff member and an office. We can provide any or all of the following:
Becoming the registered office
Sifting and shortlisting applications for funding
Preparing, attending, and minuting board meetings
A dedicated phone line and inbox to deal with grantee queries
All clients have a dedicated relationship manager to run their foundation day to day, and we pride ourselves on offering a personal and bespoke service to each client. If you would like to know more about our Foundation Administration service, please do get in touch with one of our relationship managers by clicking “Contact Us” below.
“We have worked with Prism the Gift Fund for a number of years now and have grown to rely on their very professional help in ensuring our back office runs extremely smoothly and efficiently. They understand our aspirations and goals and remove a whole layer of concern for us . “
– Lord Leigh of Hurley, Chair of the Jerusalem Foundation UK
"I have worked with Anna Josse and Prism the Gift Fund for a number of years. I have always found them to be efficient, responsive and personable. They administer some grant making foundations of which I am a trustee and it gives me and the other trustees reassurance that we know the back office administration, including book-keeping, managing board meetings and liaising with charities, is totally taken care of. I would have no hesitation in recommending them".