Why is due diligence important in grantmaking organizations? The process of satisfying legal requirements impacts many areas within an organization— mission alignment, stewardship, duty of care, reputation, outcomes & impact, and overall effectiveness to name a few.
In this episode, learn from Elizabeth (Liz) Gousse Ballotte, principal at PKF O’Connor Davies, about what the staff at grantmaking organizations need to know to be compliant.
Topics covered in this episode:
- Due diligence models
- Grant applications and risk identification
- Financial information, including budgets, financial statements, and IRS Form 990
- Information Technology and internal controls
- Streamlining operations and increasing productivity