Extensive Due Diligence

The International Community Foundation's due diligence process ensures that potential grantees are properly constituted, programmatically effective, financially stable, and have effective organizational leadership. The International Community Foundation also ensures that projects and programs are well thought through and will have measurable outcomes and deliverables. Throughout the life of the grant, the foundation continues its due diligence with follow-up phone interviews, e-mail correspondence and site visits. The International Community Foundation takes very seriously its responsibility to ensure that donor's wishes are carried out in accordance with the law as well as adhering to "best practices" in international grantmaking. To further ensure a donor's goals are met, the foundation has the following steps in place once staff has vetted a grant for potential funding:

• All grant distributions are first approved by the International Community Foundation's Board of Governors to ensure oversight at the highest level.
• All financial and grant making procedures are transparent. All grants are posted on the International Community Foundation's Web site and the foundation participates in a yearly independent audit.
• Donors are encouraged to ask questions and make comments.