RenPSG Acquires Crown Philanthropic Solutions
RenPSG, the nation's largest independent philanthropic solutions provider, announced it has entered into a definitive agreement to acquire Crown Philanthropic Solutions. As privately owned companies, financial details of the acquisition are confidential but the transaction is expected to close this calendar year.
Established in 2005, Crown Philanthropic Solutions LLC, the firm behind DonorFirst® delivers a comprehensive philanthropic experience by merging the social power of the internet with robust transactional systems. Their cloud-based, donor engagement technology solution enables charitable organizations to offer a singular online experience for donors.
"The Crown team has done a tremendous job establishing DonorFirst® as one of the premier software solutions for charitable giving," said E. Edward Thompson, President and CEO of RenPSG. "Our shared vision to revolutionize the delivery of charitable gift services has the potential to unlock tremendous opportunities for both donors and nonprofit organizations."
"This is such an exciting development for the philanthropic community," said Laura McKnight, CrownPS CEO. "The knowledge, tools and charitable expertise now centered within RenPSG is second to none."
"The opportunity to join the RenPSG team and be surrounded by a team of experts who are singularly focused on redefining philanthropy is so exciting," said Ann-Marie Harrington, Vice President Business Development for CrownPS. "I look forward to providing innovations and leadership to the philanthropy sector at RenPSG for years to come."
The combined company will be headquartered in Indianapolis, and will operate under the RenPSG name while maintaining the DonorFirst® software brand. E. Edward Thompson will continue in his role as President and Chief Executive Officer. Laura McKnight, Crown's CEO, will become Executive Market Advisor for RenPSG while Ann-Marie Harrington, will serve as Executive Vice President, Client Advancement.
About Renaissance Philanthropic Solutions Group (RenPSG)
Headquartered and operated in Indianapolis, Ind., RenPSG is the largest independent philanthropic solutions provider in North America. With nearly 30 years of industry knowledge, RenPSG delivers custom solutions that include tax expertise, accounting support and impeccable client service, through its' proprietary cloud computing technology. With financial services firms, elite nonprofit organizations and leading community foundations as partners, RenPSG supports $16.1 Billion of assets to include charitable trusts, donor-advised funds, pooled income funds, endowments and private foundations.