Memorial Medical Center Foundation recognized for transparency and financial health
The Memorial Medical Center Foundation announced that it has once again earned a Four-Star Rating from Charity Navigator and a Platinum Seal of Transparency from Candid, the highest distinctions awarded by each organization.
Charity Navigator, the nation’s largest and most-utilized independent charity evaluator, awarded the foundation its four-star rating in recognition of its strong financial health, accountability, and commitment to transparency. The four-star rating is the highest rating a nonprofit organization can achieve and signifies that the Foundation consistently demonstrates sound fiscal management and responsible stewardship of donor contributions.
“Organizations that earn a four-star rating from Charity Navigator demonstrate a strong commitment to effective governance and financial responsibility,” said Michael Thatcher, President and CEO of Charity Navigator. “This distinction recognizes organizations that exceed industry standards and provide donors with confidence that their contributions are being used wisely.”
In addition to its Charity Navigator recognition, the Foundation has earned Candid’s Platinum Seal of Transparency, the highest level of recognition offered by the organization. Candid, formed through the merger of Foundation Center and GuideStar, is a leading source of information on nonprofit organizations worldwide. The Platinum Seal is awarded to organizations that provide extensive information about their mission, strategies, goals, and measurable impact.
“These recognitions reflect our unwavering commitment to transparency, accountability, and stewardship,” said Deidra Church, Director of the Memorial Medical Center Foundation. “Our donors place their trust in us to make a meaningful impact in the lives of patients and families in the eight counties Deaconess Memorial Medical Center serves. Earning both Charity Navigator’s Four-Star Rating and Candid’s Platinum Seal of Transparency reinforces that trust and demonstrates our dedication to using every dollar responsibly and effectively.”
