Navy SEAL Foundation Earns Charity Navigator’s Highest Four-Star Rating for Seventh Straight Year
VIRGINIA BEACH, Va. (PRWEB) March 05, 2018 -- The Navy SEAL Foundation (NSF) has once again received a 4-star rating from Charity Navigator, America's largest and most-utilized independent evaluator of charities. Also, for the third consecutive year, NSF scored a perfect 100 on the charitable watchdog’s ranking system.
Michael A. Thatcher, Charity Navigator’s President & CEO, recently confirmed the “Four-Star” rating and perfect score to the Navy SEAL Foundation’s management staff and board of directors.
“This is our highest possible rating and indicates that your organization adheres to sector best practices and executes its mission in a financially efficient way,” Thatcher said. “Attaining the four-star rating verifies that Navy SEAL Foundation exceeds industry standards and outperforms most charities in your area of work.”
Thatcher continued, the designation “… sets Navy SEAL Foundation apart from its peers and demonstrates to the public its trustworthiness.” The review of the Navy SEAL Foundation’s financial health and commitment to accountability and transparency is posted on Charity Navigator's website (http://www.charitynavigator.org)
“I’m so very proud of our team,” said Retired Rear Admiral Garry J. Bonelli, chairman of the board of directors of the Navy SEAL Foundation. “To put this accomplishment in perspective, only 4 percent of the charities rated have received this level of excellence consistently. Earning Charity Navigator’s coveted ‘Perfect 100’ score places our Foundation among just 65 other exceptional nonprofits out of over 9000 charities rated.”
Robin King, executive director of NSF, stated, “Everyone associated with NSF works hard on a daily basis to serve the NSW community in the best possible way. News like this serves to re-invigorate our efforts to always look for ways to be better, more efficient, and agile.”
More than 9,000 charities in the U.S. have been profiled by Charity Navigator, ten times more charities than the next comparable rating agency. The Glen Rock, N.J.-based organization’s one-of-a-kind technique of implementing data-based analysis to the charitable sector has been praised by publications such as Business Week, Forbes and Kiplinger’s Financial Magazine, among others. The Navy SEAL Foundation joins an elite group of nonprofit organizations as just four (4) percent of all charities evaluated by Charity Navigator have earned its top rating for seven (7) consecutive years.
About Navy SEAL Foundation
The Navy SEAL Foundation supports all active-duty Naval Special Warfare (NSW) personnel, including U.S. Navy SEALs, and their families stationed all over the world. It provides critical programs for NSW Gold Star families and NSW veterans. In 2016, over $13 million was invested in program support for these warriors and their families under six main areas: Warrior and Family Support, Educational Opportunities, Tragedy Assistance and Survivor Support, Warrior Transition, Veteran Support, and Legacy Preservation.
Like the community it serves, the Navy SEAL Foundation is a high performing organization committed to excellence. NSF has received seven consecutive 4-Star ratings from Charity Navigator. It is one of only 66 charities from among more than 9,000 to have earned a perfect score of 100 for our financial health, accountability and transparency, placing NSF in the top 1% of the rated charities. Ninety-four cents of every dollar donated goes directly to programs or is retained for future mission use.
The Navy SEAL Foundation is a 501c3 national non-profit charitable organization. TAX-ID 31-1728910. The Navy SEAL Foundation is a non-federal entity. It is not a part of the Department of Defense or any of its components, and it has no governmental status. For more information, please visit: http://www.navySEALfoundation.org
Sara Berry, Navy SEAL Foundation, http://www.navySEALfoundation.org, +1 757-363-7490 Ext: 211, [email protected]
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