(Minneapolis, MN – March 2, 2017) – Scholarship America’s strong financial health and commitment to accountability and transparency has once again earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. Scholarship America’s rating and other information about charitable giving are available on www.charitynavigator.org.
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 and 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.
“Scholarship America’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, president and CEO of Charity Navigator. “Only a quarter of charities reviewed by Charity Navigator receive the distinction of our 4-star rating. Based on its 4-star rating, people can trust their donations are going to a fiscally responsible and ethical charity when they decide to support Scholarship America.”
“It is important donors trust we are using their contributions wisely for scholarships and other educational support for students,“ said Robert C. Ballard, president and CEO, Scholarship America. “Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
About Scholarship America
For nearly 60 years, Scholarship America has worked directly with students, parents, colleges, businesses and communities to empower people to fulfill their college dreams. As the nation’s largest private education support organization, having distributed over $3.5 billion to more than 2.2 million students, Scholarship America is now working to further engage the private sector to support programs and policies that advance equity in postsecondary education and help students overcome barriers to access, persistence and attainment. More information is available at scholarshipamerica.org or by following @scholamerica.
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability and Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the charities it evaluates, nor does it charge the public for this trusted data. Charity Navigator can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, NJ, 07452.