Due diligence is critical to avoiding bad publicity and staving off financial risks when accepting donations and large gifts. Mistakes in this space can lead to claw backs and unplanned PR or legal fees, and can jeopardize an organization’s reputation, and subsequently future fundraising campaigns.
Successful due diligence requires more modernized, streamlined strategies to both reduce reputational risk and meet organizations’ modern prospecting goals.
This guide features best practices to help nonprofit and higher education organizations respond to these new risks and improve how they approach due diligence in prospect development. Starting with a review of the current landscape, the guide continues with strategies for implementing new processes within current due diligence workflows, and tips for how and when to partner with a third-party experts.
