TRF Rates High on 'Top Ten' List
Posted by Chuck Bartling
on Nov 11, 2009
The Rotary Foundation is ranked third among "10 of the Best Charities Everyone's Heard Of" by the website,
Charity Navigator.
Founded in 2001 as a service to donors, Charity Navigator claims to be the nation's largest and most-utilized evaluator of charities.
Specifically, the site's rating system examines two broad areas of a charity's financial health--how responsibly it functions day to day, as well as how well positioned it is to sustain its programs over time. Each charity is then awarded an overall rating.
The site publishes a number of "Top 10" lists. TRF is third on the list that consists of large, complex organizations with budgets exceeding $100 million and at least $65 million in net assets.
"They became household names in part because of their exceptional financial management," the website avers, which is "no easy feat considering the scope and size of their operations. Charitable givers should feel confident that these national institutions put their donations to good use."
Specifically, the site's rating system examines two broad areas of a charity's financial health--how responsibly it functions day to day, as well as how well positioned it is to sustain its programs over time. Each charity is then awarded an overall rating.
The site publishes a number of "Top 10" lists. TRF is third on the list that consists of large, complex organizations with budgets exceeding $100 million and at least $65 million in net assets.
"They became household names in part because of their exceptional financial management," the website avers, which is "no easy feat considering the scope and size of their operations. Charitable givers should feel confident that these national institutions put their donations to good use."