Due Diligence

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Due diligence—the process by which a funder assesses an organization before deciding to invest—can cause anxiety for grantmakers and grantseekers alike. In part, this is because it’s poorly understood. In this guide, we dispel five myths, distinguish between legal compliance and the rest of the due diligence process, and clarify legal requirements.  A publication of Project Streamline – an effort of funders and nonprofits to improve grant application, monitoring and reporting practices. It is a collaborative initiative of the Grants Managers Network, in partnership with the Association of Fundraising Professionals, the Association of Small Foundations, the Council on Foundations, the Forum of Regional Associations of Grantmakers, the Foundation Center, Grantmakers for Effective Organizations, and the National Council of Nonprofits


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