A series transformation formula and related polynomials

We present a formula that turns power series into series of functions. This formula serves two purposes: first, it helps to evaluate some power series in a closed form; second, it transforms certain power series into asymptotic series. For example, we find the asymptotic expansions for λ > 0 of the incomplete gamma function γ(λ,x) and of the Lerch transcendent Φ(x,s,λ). In one particular case, our formula reduces to a series transformation formula which appears in the works of Ramanujan and is related to the exponential (or Bell) polynomials. Another particular case, based on the geometric series, gives rise to a new class of polynomials called geometric polynomials.