GEOList Summary: Review and Assessment of Applicant Financials

Here at the New Hampshire Charitable Foundation, we are currently reviewing how we assess the overall organizational financial health and management of our operating support applicants. We would be interested to learn how others in our field do the same. Specifically, we would like to know: - What financial information, materials, policies and/or calculations do you require from your grant applicants? - Do you consider financial ratios (such as debt ratio, current ratio, cash ratio, etc) among these materials, and if so, how do you assess them? What do you use as benchmarks against which you compare applicants’ ratio scores? - Who reviews and evaluates this financial material as part of your due diligence process? - How do you train these reviewers to assess financial ratios and other financial materials? And finally: - What measures do you take to educate your nonprofit grantees about proper management of grant funds and compliance with restricted purpose and donor intent?