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Wednesday, March 3, 2010

OWU Earns Second Consecutive 4-Star Rating for Sound Fiscal Management

Ohio Wesleyan University has received a 4-star rating from Charity Navigator (http://www.charitynavigator.org/), America's largest and most-utilized independent evaluator of charities.

According to their President & CEO Ken Berger, as the nonprofit sector continues to grow at an unprecedented pace, savvy donors are demanding more accountability, transparency and quantifiable results from the charities they choose to support with their hard-earned dollars. In this competitive philanthropic marketplace, Charity Navigator highlights the fine work of efficient charities, and provides donors with essential information needed to give them greater confidence in the charitable choices they make.

Only 20% of the charities rated have received at least 2 consecutive 4-star evaluations, indicating that Ohio Wesleyan University consistently executes its mission in a fiscally responsible way, and outperforms most other charities in America. This “exceptional” designation from Charity Navigator differentiates Ohio Wesleyan University from its peers and demonstrates to the public it is worthy of their trust.

Forbes, Business Week, and Kiplinger's Financial Magazine, among others, have profiled and celebrated Charity Navigator's unique method of applying data-driven analysis to the charitable sector. Charity Navigator evaluates ten times more charities than their nearest competitor and currently attracts more visitors to their website than all other charity rating groups combined, thus making them the leading charity evaluator in America. Their irrefutable data shows that users of their site gave more than they planned to before viewing the findings, and in fact, it is estimated that last year Charity Navigator influenced over $10 billion in charitable gifts.  Charity Navigator's service will only enhance OWU's fundraising and public relations efforts.

- Mayme

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