CF Foundation Receives Coveted 4-Star Rating from Charity Navigator
March 20, 2008
The Cystic Fibrosis Foundation announced today it has received a coveted 4-star rating for sound fiscal management from Charity Navigator, the largest charity evaluator in the United States.
The Foundation earned four out of four possible stars for achieving excellence in fiscal responsibility. With this top rating, the Foundation outperforms a majority of nonprofits in America with respect to fiscal management, according to Charity Navigator. Click here to read about the Foundation’s 4-star rating.
“The Cystic Fibrosis Foundation understands that it is the custodian of the public’s trust with respect to every dollar donated to fight cystic fibrosis,” said C. Richard Mattingly, executive vice president and chief operating officer of the Cystic Fibrosis Foundation. “We greatly value the coveted 4-star rating. It speaks directly to the effective and efficient way the Foundation manages its finances.”
In fact, 90 cents on the dollar raised by the Foundation is available to fund research, care and education programs for CF.
Read the full press release.