Safeguarding Your Mission: Risk Management and Due Diligence
In a complex nonprofit and philanthropic landscape, exercising caution and conducting thorough scrutiny in all aspects of your nonprofit operation is essential. Our risk management and due diligence help you navigate the complexities that can arise when a donation or a donor come into question, ensuring the integrity of your donor relationships, legal compliance, and ethical fundraising practices.
Risk Management and Due Diligence
Charities and nonprofit institutions are recognizing the need to apply due diligence strategies when accepting donations. Organizations face increasing risks related to reputation management, ethical ramifications, legal requirements, and the growth of high-value, global donations. A robust philanthropic due diligence program can help nonprofits safeguard their mission and resources, including the trust of their supporters, by empowering them to make informed decisions about their donor relationships and funding sources.
Our services provide end-to-end expertise in due diligence programs, helping your organization establish strong policies and implement them effectively. We assist in developing documented procedures, data governance strategies, training programs, crisis communications strategies, and prospect research and management protocols, ensuring a comprehensive approach to risk mitigation and due diligence.
Our risk management and due diligence services include:
- Philanthropic Due Diligence and Risk Assessments: Assessing philanthropic risk management readiness and providing recommendations to mitigate risks.
- Policy Development: Assisting in creating effective policies for due diligence.
- Program Implementation: Developing the structure, procedures, and documentation for a full due diligence program.
- Crisis Communications: Crafting crisis communication strategies to protect your organization’s reputation.
- Philanthropic Due Diligence Research: Conducting research to assess the credibility and ethical standing of potential donors.
- Training: Offering structured training programs to equip your team in safeguarding your organization’s reputation and mission.
Find out how BWF can partner with you for risk management and due diligence.