Foundation Partners Group Forms New Advisory Board to Enhance Strategic Growth and Community Impact
WINTER PARK, Fla. (March 3, 2025) – In one of his first actions as leader of the second largest provider of funeral services in the United States, Foundation Partners Group CEO John D. Smith today announced the creation of a new Community Advisory Board to help guide the company’s leadership team during a pivotal time of growth and transformation.
Smith, who was named Foundation Partners CEO in January, has dedicated his career to building innovative consumer experiences and transforming legacy business models across multiple industries. As Chairman and CEO of Icon Parking, he was named the National Parking Association’s Innovator of the Year in 2023 for leveraging digital technology to significantly improve the customer experience and produce major efficiencies and cost savings for Icon.
The new advisory board underscores Smith’s commitment to balancing innovation with the deeply rooted traditions of funeral service, as he builds on the company’s strong foundation to ensure that families receive compassionate care and modern end-of-life solutions. His ability to implement strategic initiatives, optimize operations and build high-performing teams has consistently delivered measurable results.
“Our mission is to bring ease and comfort to families,” Smith said. “That’s why our first three Community Advisory Board members are former funeral business owners, who represent the best in service to families. They are smart, creative problem solvers who have proven track records of success. Their advice and counsel will be invaluable as we look to accelerate performance and bring our local funeral homes, cemeteries and direct-to-consumer cremation providers together with modern tools and resources to make the end-of-life experience as easy as possible for families we serve.”
Advisory board members include:
Mark Krause, a fourth-generation funeral director and former president of Krause Funeral Homes & Cremation Services in Milwaukee, Wisconsin. Krause is a nationally recognized leader and educator, who built an innovative portfolio of businesses designed to provide services to families across a wide spectrum of needs from high-touch, traditional services to simple direct cremation.
Kevin Waterston, a recognized cremation pioneer who, along with his brother, founded the Cremation Society of Minnesota in 1980 to complement the services of his family’s Minneapolis funeral home. Over the next 30-plus years, the Waterstons grew the business to five locations, becoming the leading provider of cremation services in Minnesota.
Rick Tuss, a licensed funeral director and former co-owner of Charlotte Memorial Funeral Home, Cemetery & Crematory in Punta Gorda, Florida. From 2012 to 2019, Tuss and his partner modernized and grew the business based on a culture of caring with a strong emphasis on community involvement.
“By concentrating on best practices, emerging opportunities and an expanded vision for the future, we will begin our next chapter of innovation, excellence and service. Looking ahead, we also see this board as an opportunity to draw on the experience of innovative thinkers from other areas of the end-of-life planning and care community — a community that has expanded far beyond traditional funeral service to all aspects of ending well,” Smith said.
About Foundation Partners Group
Winter Park, Florida-based Foundation Partners Group is one of the industry’s most innovative providers of funeral services and the second-largest funeral home group in the country based on the number of families served. Foundation Partners owns and operates a network of over 250 funeral homes, cremation centers and cemeteries across 21 states. Our deep understanding of technology and customer experience-centered approach allows us to deliver truly innovative and compassionate care to the families we serve. Visit www.foundationpartners.com to learn more.
Pictured above (l-r): Mark Krause, Rick Tuss, and Kevin Waterston
