For the fourth consecutive year, the Bonnie J. Addario Lung Cancer Foundation has received a 4-star rating from Charity Navigator for its strong financial health and commitment to accountability and transparency. ALCF is the only lung cancer foundation to receive the highest rating from America’s largest independent charity evaluator.
“Our 4-star Charity Navigator rating demonstrates to supporters that we’re using their donations wisely in our efforts to turn lung cancer into a chronically managed disease.” said Bonnie J. Addario, a 14-year lung cancer survivor and ALCF founder.
Since 2002, using objective 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 and transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders.
“Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating,” according to Charity Navigator President and CEO Michael Thatcher. “This adds ALCF to 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 support ALCF.”