God’s Pantry named among top one percent of nonprofits for accountability and transparency

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Sound fiscal management practices and commitment to accountability and transparency have earned God’s Pantry Food Bank a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the 10th consecutive time that the Food Bank has earned this top distinction. Only 1% of charities evaluated by Charity Navigator have received at least 10 consecutive 4-star evaluations.

Since 2002, using objective, data-driven 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 have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.

“God’s Pantry Food Bank’s coveted 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “Only one out of four charities rated by Charity Navigator receive the distinction of our 4-star rating. This honor keeps the Food Bank in a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support the Food Bank.”

“It is important for our donors and advocates to know that we are using our funding wisely to accomplish the mission of feeding those in need in Central and Eastern Kentucky, “said Michael Halligan, CEO, God’s Pantry Food Bank. “Our 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously.”

Four-star rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about God’s Pantry Food Bank rating is available to Charity Navigator site visitors who become registered users, another free service.

From God’s Pantry Food Bank

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