American Indian College Fund Earns Charity Navigator’s Four-Star Rating
June 2, 2010
Denver, Colorado – Charity Navigator, the nation’s top charity evaluation system, has awarded the Denver-based American Indian College Fund (the Fund) a coveted four-star rating for sound fiscal management. The Fund has raised money for scholarships for American Indian college students from across the nation for 21 years, while also supporting the nation’s 33 tribal colleges and universities.
Charity Navigator applies data-driven analysis to the charitable sector to evaluate charities’ effectiveness, then publishes that data on its web site to help donors evaluate their giving choices using information Charity Navigator gathers to form a picture of a charity’s accountability, transparency and quantifiable results with their recipients.
Ken Berger, Charity Navigator’s President and Chief Executive Officer, stated that the American Indian College Fund received the four-star rating for its ability to efficiently manage and grow its finances. “Approximately a quarter of the charities we evaluate have received our highest rating, indicating that the American Indian College Fund executes its mission in a fiscally responsible way, and outperforms most other charities in America. This ‘exceptional’ designation from Charity Navigator differentiates American Indian College Fund from its peers and demonstrates to the public it is worthy of their trust,” Berger says.
“We are honored and delighted that Charity Navigator has recognized the American Indian College Fund’s hard work and dedication to the communities it serves while maintaining exacting and high standards for accountability and transparency to our donors,” says Richard B. Williams, President and CEO of the American Indian College Fund.
Charity Navigator’s review of American Indian College Fund’s fiscal health will be visible on its website June 1.