FeedMore receives highest rating from Charity Navigator
8/12/2013, 10:50 a.m.
For the fifth consecutive year, FeedMore has been awarded the highest rating for sound fiscal management and commitment to accountability and transparency by Charity Navigator, the country's largest and most-utilized independent evaluator of charities.
Charity Navigator awarded FeedMore an "exceptional" ranking of four stars out of a possible four, demonstrating adherence to good governance and fiscal responsibility. Only 4 percent of charities have received at least five consecutive four-star evaluations, indicating that FeedMore outperforms most other charities in America.
"Receiving four out of a possible four stars indicates that your organization adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way," said Ken Berger, president and chief executive officer of Charity Navigator.
“This exceptional designation from Charity Navigator differentiates FeedMore from its peers and demonstrates to the public it is worthy of their trust.”
Charity Navigator provides essential information that gives donors greater confidence in the charitable choices they support. Receiving four stars indicates the Academy’s Foundation is respected by its peers and demonstrates to the public it is worthy of their trust. Under Charity Navigator's formula combining sound fiscal management and accountability, FeedMore received a score of 62.8 out of a possible 70, placing FeedMore in the "exceptional" category.
“FeedMore is delighted to receive another outstanding rating from Charity Navigator and this four-star designation demonstrates our efficiency and leadership in the nonprofit community," said Jeff Baldwin, media and public relations manager for FeedMore.
FeedMore’s programs – the Central Virginia Food Bank, Meals on Wheels and the Community Kitchen – provide hunger-relief solutions for our region’s most vulnerable populations – food-insecure children, struggling families, the disabled and homebound seniors. FeedMore notes that it serves neighbors in need across Central Virginia’s 31 counties and five cities, ranging from rural and suburban to urban localities.