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SOURCE: pfoley@cdfund.org
Chronic Disease Fund received four out of possible four stars from Charity Navigator for its good governance, sound fiscal management and commitment to accountability and transparency. Only 18% of the charities rated received at least 2 consecutive 4-star evaluations, indicating that Chronic Disease Fund outperforms most other charities in America.
Plano, TX (PRWEB) March 07, 2013
Charity Navigator, America's largest and most-utilized independent evaluator of charities, has awarded Chronic Disease Fund the prestigious 4-star rating for good governance, sound fiscal management and commitment to accountability and transparency. Chronic Disease Fund is currently among the top three Patient Assistance organizations with such a high rating and is one of only four in the country to have four-stars.
"We are honored to receive Charity Navigator’s highest rating,” said Dr. Kenneth Brown, Chair of Chronic Disease Fund’s Board of Trustees. “This distinction reflects our accountability to all our constituencies and commitment to remain true to our mission of providing financial assistance to patients with chronic disease who cannot afford the life saving medication prescribed by their physicians.
Charity Navigator works to help charitable givers make intelligent giving decisions by providing information on more than five thousand charities nationwide and by evaluating their financial health. 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.
Clorinda Walley, Executive Director of Chronic Disease Fund remarked, “This high rating coupled with Chronic Disease Fund’s growing reputation highlights our focus on good stewardship of charitable contributions and maintaining the public trust.”
ABOUT CHRONIC DISEASE FUND: Chronic Disease Fund is the nation’s largest and most efficient nonprofit 501(c)3 organization providing copay assistance to patients who cannot afford the medications they so desperately need. Chronic Disease Fund exists solely to improve the health and qualify of life of patients with chronic disease, cancer, or other life-altering conditions. Chronic Disease Fund believes that no one should have to choose between getting the medication they need and affording the necessities of everyday living. For more information please visit our website at http://www.gooddaysfromcdf.org.
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