The Princeton Area Community Foundation has earned its 10th consecutive 4-star rating from Charity Navigator, America’s largest independent charity evaluator.
Only 2 percent of the nonprofits evaluated by Charity Navigator have received at least 10 consecutive 4-star ratings.
The Community Foundation’s strong financial health and commitment to accountability and transparency have led to the top distinction.
“Princeton Area Community Foundation’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “This adds the Community Foundation to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support the Community Foundation.”
Since 2002, using objective 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 operate in accordance with industry best practices and whether they are open with their donors and stakeholders.