Grant Guardian
Leveraging AI For Better Diligence
In the philanthropic sector, limited time and resources can make it challenging to thoroughly assess a nonprofit’s financial stability. Grant Guardian transforms weeks of financial analysis into hours of strategic insight–creating space for deep, meaningful engagement with partners while maintaining high grantmaking standards.
Introducing Grant Guardian
Grant Guardian is an AI-powered financial due diligence tool that streamlines the assessment process for both foundations and nonprofits. Foundations receive sophisticated financial health analyses and risk assessments, while nonprofits can simply submit their existing financial documents without the task of filling out multiple custom forms. This streamlined approach helps both parties focus on what matters most–their shared mission of creating impact.
We invite all philanthropists to join us on this exciting journey and discover how Grant Guardian can help you deepen your connection with your partners. Watch this video to learn more about Grant Guardian and how it can benefit your grantmaking workflow.
For more information about Grant Guardian, view our walkthrough videos here.
How Does It Work?
Advanced AI Analyses: Grant Guardian harnesses the power of AI to analyze financial documents like 990s and audits, offering a comprehensive view of a nonprofit’s financial stability. With rapid data extraction and analysis based on modifiable criteria, Grant Guardian bolsters strategic funding with financial insights.
Customized Risk Reports: Grant Guardian’s risk reports and dashboards are customizable, allowing you to tailor metrics specifically to your organization’s funding priorities. This flexibility enables you to present clear, relevant data to stakeholders while maintaining a transparent audit trail for compliance.
Automated Data Extraction: As an enterprise-grade solution, Grant Guardian automates the extraction and analysis of data from financial reports, identifies potential risks, standardizes assessments, and minimizes user error from bias. This standardization is crucial, as nonprofits often vary in the financial documents they provide, making the due diligence process more complex and error-prone for funders.
Is There A Cost To Using Grant Guardian?
Grant Guardian is 100% free to use for verified philanthropic institutions!
Who Develops And Maintains Grant Guardian?
Grant Guardian is currently maintained by the Products and Services team at the Patrick J. McGovern Foundation. This team is composed of data scientists and engineers dedicated to building data and AI products for the public good. If you are interested in learning more about the Products and Services team, visit here.
Is Our Data Secure And Private?
Grant Guardian was developed with robust data security and privacy best practices.
Grant Guardian utilizes Amazon’s AWS Cognito, an industry-standard identity and access management service that ensures secure authentication with Single Sign-On (SSO) capabilities and Multi-Factor Authentication (MFA).
Any data uploaded to Grant Guardian is private to the foundation that uploaded it, and no other foundation has access to it. Data stored in Grant Guardian is also inaccessible by PJMF staff. If a foundation chooses to no longer use Grant Guardian, all data uploaded by the foundation can be bulk downloaded, and will otherwise be deleted/removed when the account is deactivated.
What AI Model Was Used? How Was It Trained?
Grant Guardian uses Anthropic Claude 3.5 and prompt engineering techniques developed by the PJMF team. When prompted to query the financial documents, the LLM extracts just the relevant information from an uploaded document. This approach ensures that the LLM accurately identifies key indicators across diverse financial documents typically provided by grantees.