Central Illinois Foodbank’s strong financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the 9th consecutive time that the Foodbank has earned this top distinction.
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. On June 1, 2016, we upgraded our methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiates the financial health of our four star charities.
Only 2% of charities have received at least 9 consecutive 4-star evaluations. This exceptional designation from Charity Navigator sets the Foodbank apart from its peers and demonstrates to the public its trustworthiness.
“It’s important our donors trust that we’re using their donations wisely to accomplish our mission of fighting hunger in central and southern Illinois,” said Pam Molitoris, executive director of Central Illinois Foodbank. “Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
Central Illinois Foodbank’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org.
Click here for more-detailed information about Central Illinois Foodbank’s rating.