Warren Bailey named Chief Information Security Officer at Foundation Source

Foundation Source appointed Warren Bailey as its Chief Information Security Officer on April 16, 2024, a newly created role at the company. Bailey previously served a thirteen-year tenure as Chief Technology Officer of PG Calc. He reports to Pascal Vincent, Foundation Source's Chief Technology Officer.

According to the release, Bailey is to expand upon the security and risk management programs already in place at Foundation Source during a period of growth. PR Newswire's release says the company announced Bailey's appointment together with that of Lou D'Addario as Chief Revenue Officer.

According to the company, Bailey brings software development and process design expertise, along with more than 25 years of technology experience. The release states that at PG Calc he helped strengthen cybersecurity procedures and policies as that company grew through partnerships with large financial institutions. The company says Bailey worked for Gryphon AI and Granitar before his tenure as PG Calc's Chief Technology Officer. Bailey said the company "will explore new frameworks, safeguards and practices" to keep protecting the data under its care.

Foundation Source provides cloud-based solutions for planned giving and private foundations, according to the release. The company says it offers financial institutions, professional advisors, nonprofits and donors cloud-based platforms for all stages of giving, plus administrative, tax, compliance and philanthropic advisory services. The company says it administers more than $22 billion in foundation assets, supports more than 4,000 charitable organizations and facilitates more than 120,000 grants and planned gifts annually.

Foundation Source acquired PG Calc in February 2024, adding planned giving software and services to its suite of charitable giving solutions, the release says.