The Due Diligence Tool

From PhilanthropyWiki

Guide: This page is intended as a basic practical guide. We recommend you seek appropriate professional advice before acting upon it.

Title: The Due Diligence Tool for use in pre-grant assessment Prepared By: La Piana Associates, Inc Focus: Grantmaking, assessment of applications Date: 2004 Publisher: Grantmakers for Effective Organizations Download: Download the guide in PDF format from Grantmakers for Effective Organizations

This is a practical and detailed guide to the due diligence aspects of assessing an application for funding. It is not intended as a tool to ensure highly strategic philanthropy, but provides steps to thoroughly examining the strengths and weaknesses of the applicant organisation.

The tool includes the following components:

• Proposal and Document Review
• Conversation with the Applicant
• Applying Your Due Diligence Findings

Worksheets which can be customised are included. It is important to note that this is a US-based guide and that the section on Legal Compliance will not be of use for Australian foundations.