New York, NY (September 1, 2015) —The Alzheimer’s Foundation of America (AFA)’S sound fiscal management practices 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 second consecutive year that AFA has earned this distinction. AFA received an overall score of 97.13 and scored 100 percent on its accountability and transparency practices.
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.
“The Alzheimer’s Foundation of America’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, president & chief executive officer of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars -- a rating that demands rigor, responsibility and commitment to openness. The Alzheimer’s Foundation of America’s supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“Our four-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously,” said Bert E. Brodsky, AFA’s board chairman. “Our donors can feel good about the fact that 84.5 percent of AFA’s program expenses go directly to the programs and services—such as free, confidential memory screenings and a national, toll-free helpline, staffed by licensed social workers—that AFA provides to the community.”
AFA’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about AFA’s rating is available to Charity Navigator site visitors who become registered users, another free service.
For more information about AFA, call 866-232-8484 or visit www.alzfdn.org.
The Alzheimer’s Foundation of America is a non-profit founded by a consortium of organizations to fill the gap that existed on a national level assuring quality of care and excellence in service to individuals with Alzheimer's disease and related illnesses, and to their caregivers and families. AFA unites more than 2,300 member organizations from coast-to-coast that are dedicated to meeting the educational, social, emotional and practical needs of individuals with Alzheimer's disease and their families. Under AFA's umbrella, these organizations collaborate on education, resources, best practices and advocacy —all resulting in better care for people affected by the disease. AFA’s services include a national, toll-free helpline staffed by licensed social workers, educational materials, professional training, community outreach, free quarterly caregiver magazine, research funding, public advocacy and programmatic services. For more information about AFA, call toll-free 866-232-8484, visit www.alzfdn.org, follow us on Twitter, or connect with us on Facebook.
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America's charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.