Phoenix AZ (August 9, 2019) – The Arizona Community Foundation received official notification from Michael Thatcher, President and CEO of Charity Navigator, that ACF has been awarded the coveted 4-star rating for the ninth consecutive year. This is the highest possible rating given by Charity Navigator and validates that ACF adheres to sector best practices and executes its mission in a financially efficient way.
Only 3% of the charities evaluated by Charity Navigator have received at least nine consecutive 4-star ratings, positioning ACF among the top 275 of those rated. As noted in Thatcher’s letter, “This exceptional designation from Charity Navigator sets the Arizona Community Foundation apart from its peers and demonstrates to the public its trustworthiness.”
Charity Navigator evaluates 9,158 charities annually and has over 11 million annual visitors to their website, more than all other charity rating groups combined. It is estimated that last year Charity Navigator influenced approximately $10 billion in charitable gifts.
“ACF is proud to be in the very top echelon of U.S. charities rated by Charity Navigator,” said Steve Seleznow, ACF President & CEO. “This rating attests to our consistently exceptional stewardship, governance, and financial effectiveness.”
The review highlighting ACF’s strong financial health and commitment to accountability and transparency is now available by searching for the Arizona Community Foundation at www.charitynavigator.org.
Established in 1978, the Arizona Community Foundation is a statewide family of charitable funds supported by thousands of Arizonans. With five regional offices serving communities across Arizona, ACF is among the top 25 community foundations in the nation with more than $938 million in trust and endowment assets, and is certified under the National Standards for U.S. Community Foundations. Since inception, ACF and its affiliates have awarded more than $719 million in grants, scholarships and loans to nonprofit organizations, schools, and government agencies. More information is available at azfoundation.org.