The Resource Foundation Earns 4-Star Rating on Charity Navigator
On July 1st, Charity Navigator awarded The Resource Foundation (TRF) its 4-star rating for sound fiscal management and a proven commitment to accountability and transparency. This is the seventh time TRF has been granted this honor. A 4-star Charity Navigator rating recognizes our longstanding commitment to providing the highest levels of accountability, transparency and quantifiable results to donors supporting international development issues in Latin America.
Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“The Resource Foundation’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Tim Gamory, COO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness. The Resource Foundation’s supporters should feel confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“We are honored to once again receive Charity Navigator’s 4-Star rating,” states Marcela Lopez-Macedonio, Executive Director of TRF. “Here at TRF, we continuously strive for excellence in all that we do. Our 4-Star rating demonstrates just how seriously we take our ethical and financial responsibilities and our mission to empower communities with the skills, knowledge and opportunities to improve their lives. “
At TRF, we appreciate your trust and support and look forward to another great year.