Due Diligence
In The Due Diligence Tool: For Use in Pre-Grant Assessment by Liza Culick,
Kristen Godard and Natasha Terk, La Piana Associates, the authors suggest
that grantors should develop a due diligence process that allows them to select
effective organizations in which to invest. The Due Diligence Tool includes
worksheets and interview questions grantmakers can use to create or refine
their own due diligence process. It may be useful to look at the things they
recommend to grantors in order to identify what those funders will be looking
for.
Imagine that you are the foundation program officer. Scrutinize your organization
as a potential funder would. How is your organization’s health and
capacity, track record, governance and executive leadership, vision, staffing, partnerships, and finances? How well has your program been planned, including
outcomes and evaluation?
The Due Diligence Tool can be found on the Grantmakers for Effective Organizations
(GEO) website http://www.geofunders.org/
.
American Association of Grant Professionals
A group of grant professionals in the Columbus area have organized and chartered
a local chapter of the AAGP. This is not an ADAMH system effort, but includes
some individuals who work in our system. If you are interested in being
part of this group, contact Mary Heise, Vice President/Membership at mheise@bbbscentralohio.org
and she will include you on the mailing list. Check out AAGP at http://www.grantprofessionals.org/.
