PAF is Awarded Ninth Consecutive 4-Star Rating from Charity Navigator
Exceptional designation sets patient-focused nonprofit apart from its peers.
Patient Advocate Foundation (PAF), a national nonprofit which provides case management services and financial aid to predominantly low-income patients facing chronic and life-threatening diseases, demonstrated strong financial health, commitment to accountability and transparency – earning a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the 9th consecutive year that PAF has earned this noteworthy distinction.
“This is our highest possible rating and indicates that PAF adheres to sector best practices and executes its mission in a financially efficient way. Only 2% of the charities we evaluate have received at least 9 consecutive 4-star evaluations,” according to Michael Thatcher, President & CEO of Charity Navigator. “Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support Patient Advocate Foundation.”
“This recognition signifies that both the level and consistency of the financial stewardship applied to donations that support the vital services we provide is among the best in the non profit community,” PAF CEO Alan Balch, PhD says. “The hundreds of patients we help each day come from all walks of life, from every state, from both urban and rural communities and are all confronting serious barriers to their healthcare. The generous support of our donors makes it possible for PAF to have a meaningful impact on the lives of so many patients in need,” Balch concludes.
Since 2002, using objective analyses, 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 & 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. On June 1, 2016, Charity Navigator upgraded their methodology for rating each charity’s financial health with CN 2.1. These enhancements further substantiate the financial health of 4-star charities.
Those interested in donating to Patient Advocate Foundation so they may continue guiding underserved patients nationwide should visit www.patientadvocate.org/donate.
About Charity Navigator (www.charitynavigator.org): Charity Navigator is the most-utilized charity evaluator in America. The organization helps guide intelligent giving by evaluating the Financial Health, Accountability and Transparency of over 8,000 charities and provides basic data on the rest of the 1.4 million U.S. nonprofits. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a non-profit 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America’s charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.