Financial Due Diligence: Assessing Risk for Your Next Program Related Investment

Monday, May 3, 2021 10:30am - 12:00pm CDT

Join MCF for an educational workshop on the ins and outs of financial due diligence. Whether you’re thinking about investing through a Program Related Investment (PRI) as part of MCF’s Integrated Capital Recovery Program ​or on your own, this workshop will take away the mystery of conducting due diligence. Aspects of the session will describe due diligence of Community Development Financial Institutions (CDFIs) (the focus of MCF’s programming); and the principles of due diligence can be applied more broadly, as well.

According to Investopedia, “Due diligence is an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed transaction with another party.”

Like grantmaking, where each grant application can vary dramatically, the same is true with ​financial due diligence. And like grantmaking, there are some common standards of what to look for, with varying degrees of inquiry, depending on the situation.

During this workshop, you will:

  • Learn appropriate levels of inquiry for financial due diligence
  • View public sources of due diligence ​of CDFIs
  • Gain access to due diligence resources ​
  • Start on a path for success
  • Learn where to go for ongoing due diligence questions

Presenters and facilitators:

  • Paige Chapel, President & CEO, Aeris
  • Susan Hammel, Impact Investing Executive in Residence, Minnesota Council on Foundations
  • Eric Muschler, Program Officer, McKnight Foundation
  • Jeff Ochs, President & CEO, Venn Foundation
  • Funlola Otukoya, Investment Analyst, McKnight Foundation
  • Eric White, Partner, Cogent Consulting
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