Miami, FL (March, 2008) — For the second consecutive year, the Diabetes Research Institute Foundation (DRIF) has earned the highest rating available from the nation’s largest independent evaluator of charities.
Charity Navigator has awarded its coveted four-star rating to the diabetes foundation for “sound fiscal management” and “its ability to efficiently manage and grow its finances,” according to an announcement from the respected oversight organization.
Only 15 percent of the charities evaluated have received back-to-back four-star ratings, “indicating that the Diabetes Research Institute Foundation outperforms most charities in America in its efforts to operate in the most fiscally responsible way possible,” the announcement said.
“This ‘exceptional’ designation from Charity Navigator differentiates the Diabetes Research Institute Foundation from its peers and demonstrates to the public it is worthy of their trust.”
Charity Navigator works to help charitable givers make intelligent decisions by evaluating charities’ financial health and efficiency.
It calculates each charity’s score based upon several broad criteria, including how much is spent per dollar raised, what percentage of funds goes to programs vs. administrative and fund-raising expenses, and the organization’s long-term financial health. It then assigns a rating from one to four, with four being the best rating.
To view the diabetes foundation’s rating page, please visit the Charity Navigator website.