Foundation Group, Inc.

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Foundation Group, Inc. - overview

Established

1995

Location

Nashville, TN, US

Primary Industry

Business Support Services

About

Foundation Group, Inc. is a Nashville-based firm specializing in nonprofit formation and compliance services, particularly focused on helping organizations secure and maintain 501(c)(3) tax-exempt status across the United States. Founded in 1995 by its CEO Greg McRay, Foundation Group, Inc. offers essential services for nonprofit organizations with a focus on IRS compliance.


The company's operations have remained stable without major pivots or structural changes, and it has maintained its headquarters in Nashville, US. In November 2025, BryteBridge Consulting, LLC, a portfolio company of Knox Capital and RFE, acquired Foundation Group, Inc. Foundation Group specializes in comprehensive services related to nonprofit formation, compliance, and bookkeeping, primarily focusing on helping organizations obtain and maintain 501(c)(3) tax-exempt status. Their core offerings include the SureStart™ plan for various nonprofit formations, reinstatement services for revoked tax-exempt statuses, and fiscal sponsorship options, facilitating easier fundraising for new nonprofits.


Their services support clients across the United States, especially in states with stringent nonprofit registration requirements, ensuring that organizations conduct fundraising activities legally while maintaining compliance. Foundation Group generates revenue through a subscription-based model, offering essential compliance services and consulting for nonprofits. Monthly plans start at USD 150, covering services such as Form 990 preparation and ongoing compliance consulting. Clients pay a fixed fee and can customize their plans, creating a predictable revenue stream.


The firm has assisted over 25,000 nonprofits since inception, leveraging B2B transactions with nonprofits and fiscal sponsors to enhance their offerings while ensuring regulatory compliance. In November 2025, Foundation Group was acquired by BryteBridge Consulting, LLC, positioning it for potential growth and service enhancement. The acquisition aims to broaden BryteBridge's expertise and client base, although specific upcoming product launches or geographical expansions have not been detailed. The focus will likely be on utilizing the recent acquisition to strengthen service delivery and compliance offerings for nonprofit organizations.


Current Investors

BryteBridge Consulting, LLC

Primary Industry

Business Support Services

Sub Industries

Consulting Services, Financial Services

Website

www.501c3.org

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Foundation Group, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedFoundation Group, Inc.-

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