AIRI Member Press Releases

OKLAHOMA CITY,
April 4, 2008 — In tight financial times, those willing to donate to
the common good should be especially commended. And when savings are
scarce, it’s particularly important for donors to know that
charities are using those gifts wisely.
For the sixth time in a row, the Oklahoma Medical Research
Foundation has received the highest possible rating from Charity
Navigator, the nation’s largest charity evaluator.
OMRF’s overall score ranked it as the top Oklahoma charity, and it was one of only nine
state organizations to earn a 4-star rating on CharityNavigator.org.
Of the 77
U.S. medical research organizations
rated by the group, OMRF ranked third overall.
“Only 3 percent of the charities we’ve rated have received at least
five consecutive 4-star evaluations, indicating that Oklahoma
Medical Research Foundation outperforms most charities in America in its efforts to operate in
the most fiscally responsible way possible,” said Michael Smith,
Chief Operating Officer for Charity Navigator. “This ‘exceptional’
designation from Charity Navigator differentiates Oklahoma Medical
Research Foundation from its peers and demonstrates to the public
that it is worthy of their trust.”
“With so many charities out there, it can be difficult for donors to
make informed giving choices,” OMRF President Stephen Prescott,
M.D., said. “Charity Navigator is a valuable tool for guiding those
decisions, and we’re proud to have received a rank that reflects
OMRF’s commitment to financial accountability.”
Using publicly available financial information, Charity Navigator
promotes intelligent giving by providing report cards for U.S. and international charities. The
nonprofit organization measures charities’ performance in seven
categories: fund-raising efficiency, fund-raising expenses, program
expenses, primary revenue growth, administrative expenses, program
expense growth and working capital ration. It then assigns each
charity a score from zero to four stars.
“The money we receive goes to researchers, laboratory staff and
equipment,” said
Prescott.
“Charity Navigator’s rating is one more guarantee that when people
donate to OMRF, they’re giving to science—and to the future health
of Oklahomans and people everywhere.”
Charity Navigator’s evaluation of OMRF and more than 4,000 other
charities can be found at
www.charitynavigator.org.
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