Due Diligence and Fundraising Processes

Due diligence is a crucial part of any fundraising process. It verifies that a company or individual is who they claim they are, and provides vital details regarding their past and relationships, and assists investors evaluate your company’s potential for success before making the decision to invest in your company.

You can achieve success by conducting thorough due diligence, whether you are a business looking for investment or a philanthropic organisation. Due diligence can be carried out early on in the process to eliminate and identify bad partners.

If a donor’s history has been marred by controversial actions or associations, this could be a deciding factor. Being able to conduct due diligence on prospective donors at an early stage lets you know before you commit your precious resources to a relationship that isn’t in line with your organization’s values and goals.

A great due diligence process is swift, thorough, and well-organized. It should be able to take huge amounts of public information such as news websites or social networks, or even grey literature and deliver digestible reports, which are easily shared across teams. It should be able to scour through millions of documents to provide a clear and structured picture of your business that is easy to read and to share.

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