The Strengthening and Tiered Evaluation Process (STEP) replaces simplistic “pass/fail” evaluations with a comprehensive, research-based approach that focuses on CSOs. With a tiered due diligence evaluation and organizational strengthening outcome, STEP benefits extend beyond a single grant or project.
For many private funders, this tier may be sufficient, particularly for smaller grants or grants to organizations that the donor has confidently funded in the past. At this tier, the organization possesses a fundamental awareness of the potential risks associated with the relevant stream. It has implemented basic processes to mitigate these risks. While these processes may not be extensively documents, they are know by senior management. Such organizations may also qualify for an equivalency determination, depending on their governing documents and funding structures.