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CFCF Awarded Prestigious 4-Star Rating
Monday, October 22, 2012 - 14:42
Charity Navigator, America’s largest and most utilized independent evaluator of charities has awarded the Caring for Carcinoid Foundation the prestigious 4-star rating for good governance, sound fiscal management and commitment to accountability and transparency.
Charity Navigator works to help charitable givers make intelligent giving decisions by providing information on more than five thousand 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 vs. administrative and fund-raising expenses, and the organization’s long-term financial health. It then assigns a rating from one to four, with four being the best rating.
Approximately a quarter of the charities Charity Navigator evaluates have received their four-star rating, indicating that the Caring for Carcinoid Foundation outperforms most other charities in America. This “exceptional” designation from Charity Navigator differentiates the Caring for Carcinoid Foundation from its peers and demonstrates Foundation's committment to excellence.