Washington, D.C.—The Carnegie Institution for Science received the highest rating for sound fiscal management and commitment to accountability and transparency—four stars—from Charity Navigator for the thirteenth consecutive year. Charity Navigator is America's largest charity evaluator. Only 2 organizations out of the 6,903* evaluated this year have received this highest rating for so long.
The Charity Navigator rating system considers two components—an organization’s financial health plus its accountability and transparency.
Ken Berger, president and CEO of Charity Navigator, remarked in his letter to Carnegie: “We are proud to announce the Carnegie Institution for Science has earned our thirteenth consecutive 4-star rating. 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. Less than 1% of the charities we rate have received at least 13 consecutive 4-star evaluations, indicating that Carnegie Institution for Science outperforms most other charities in America. This ‘exceptional’ designation from Charity Navigator differentiates Carnegie Institution for Science from its peers and demonstrates to the public it is worthy of their trust.”
Carnegie president Richard A. Meserve said: “A four-star rating for thirteen years running from Charity Navigator is a gratifying acknowledgment of our efforts to be efficient in the furtherance of our mission of advancing science. I am sure that Andrew Carnegie, a frugal Scotsman, would be extremely proud that his institution holds this ‘exceptional’ distinction.”
To learn more see the Carnegie listing on Charity Navigator.
*Not all 6,903 organizations have been evaluated for 13 consecutive years. For instance, this year Charity Navigator evaluated 1,000 new charities.
For more about Charity Navigator see http://www.charitynavigator.org/

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