CORPUS CHRISTI, TEXAS – United Way of the Coastal Bend’s financial health and commitment to accountability and transparency has earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator, for the eighth consecutive year.
“It’s important our donors trust that we’re using their donations wisely,” said Libby Averyt, President and CEO of United Way of the Coastal Bend. “Our 4-star Charity Navigator rating demonstrates to both our donors and the community our good governance and financial accountability.”
Charity Navigator awards the four-star rating only to the most fiscally responsible organizations. In 2011, Charity Navigator added 17 metrics to its rating methods, focusing on governance and ethical practices as well as measures of openness. The accountability and transparency metrics account for 50 percent of a charity’s overall rating and reveal which charities operate in accordance with industry best practices and whether they are open with donors and stakeholders.
“United Way of the Coastal Bend’s exceptional four-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” said Michael Thatcher, President & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our four-star rating. This adds United Way of the Coastal Bend to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its four-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support United Way of the Coastal Bend.”
United Way of the Coastal Bend’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org. Detailed information about United Way of the Coastal Bend’s rating is available to Charity Navigator site visitors who become registered users, another free service.
For information on United Way of the Coastal Bend, please visit www.uwcb.org.