Phambano Technology Development Centre NPC, in partnership with TechSoup Global, conducted a study to understand the Due Diligence frameworks of South African funders. STEP is a due diligence initiative that provides nonprofits and funders with a 360-degree view of a nonprofit’s governance, risk management, and compliance processes.
STEP seeks to meet international standards of due diligence while adding nuance and increased information for funders making their risk assessments, and substantially increasing the number of nonprofits able to access funding.
“STEP is more than just about due diligence for funding: it is about rethinking risk, empowering local nonprofits, and helping them build the infrastructure they need to meet their missions and serve their communities.”
On Thursday 17 August 2023, we hosted an online event to launch a report of our findings and insights from our recent study of “The State of Due Diligence in South Africa”. These insights will enrich the ongoing development of STEP by TechSoup with support from the Conrad N. Hilton Foundation.