Phil
Phil provides modern donor-advised fund infrastructure that embeds charitable giving directly into financial institutions' existing platforms. The solution supports multi-custodian arrangements, separate managed accounts for each donor, and custom investment strategies including alternative investments, with a white-labeled portal and REST API for seamless integration.
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Financial institutions struggle to offer donor-advised fund (DAF) services because legacy infrastructure is rigid, costly to integrate, and lacks the flexibility to support complex assets or custom investment strategies. This forces wealthy clients to move charitable assets to competitors, causing asset and client churn.
Solution
Phil provides modern DAF infrastructure that embeds charitable giving directly into a financial institution's existing platform. The solution supports multi-custodian arrangements, separate managed accounts (SMAs) for each donor, and custom investment strategies including alternative investments. Guided workflows handle complex asset contributions, while automated grantmaking operations with ACH payments streamline ongoing charitable activity. A fully white-labeled donor and advisor portal, pre-built UI components, and a robust REST API allow institutions to launch a seamless giving experience without building from scratch.
Target Audience
Primary customers are private banks and wealth desks, digital wealth platforms, and RIAs and family offices seeking to add or upgrade charitable giving capabilities for high-net-worth and ultra-high-net-worth clients.
Features
- Multi-custodian support enabling flexible asset holding and management across different custodians
- Separate managed accounts (SMAs) for every donor, allowing individualized investment management
- Custom investment strategy support, including alternative investments tailored to donor preferences
- Guided workflows for complex asset contributions such as appreciated securities, real estate, or private assets
- Automated grantmaking operations with ACH payment processing
- White-labeled donor and advisor portal with optional single sign-on (SSO), permissioned access, and account onboarding
- Pre-built UI components for embedding grant forms, gifting tools, and dashboards instantly
- Robust REST API with real-time data sync, transaction history, and status updates