Charity Navigator Awards Rheumatology Research Foundation with Its Seventh Consecutive Four-Star Rating
The Foundation outperforms most other charities in America
December 18, 2015
ATLANTA – Charity Navigator, America's largest and most-utilized independent evaluator of charities, has awarded the Rheumatology Research Foundation with its seventh consecutive 4-star rating. The prestigious 4-star rating is based on good governance, sound fiscal management and commitment to accountability and transparency.
Michael Thatcher, president and chief executive officer of Charity Navigator said, “Receiving four out of a possible four stars indicates that your organization adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way.” He went on to say, “Only two percent of the charities we rate have received at least seven consecutive 4-star evaluations, indicating that the Rheumatology Research Foundation outperforms most other charities in America.”
Charity Navigator works to help charitable givers make intelligent giving decisions by providing information on more than 5,000 charities nationwide and by evaluating their financial health. It calculates each charity’s score based upon several broad criteria, including how much is spent per dollar raised, what percentage of funds goes to programs versus administrative and fundraising expenses, and the organization’s long-term financial health. It then assigns a rating from one to four, with four being the best rating.
Mary Wheatley, executive director of the Rheumatology Research Foundation remarked, “This high rating reflects our dedication to ensuring that every donation goes directly toward research on rheumatic disease and training of rheumatology professionals."