Charity Navigator has named the Oklahoma Medical Research Foundation one of the 10 Charities with the Most Consecutive 4-Star Ratings.
OMRF has received 11 consecutive 4-star ratings on CharityNavigator.org, the nation’s largest charity evaluator. Only one charity among the more than 5,700 nonprofits evaluated by Charity Navigator has achieved more 4-star rankings—the highest possible score—than OMRF.
“Less than 1 percent of the charities we rate have received at least 11 consecutive 4-star evaluations,” said Ken Berger, President and CEO of Charity Navigator.
Using publicly available financial information, Charity Navigator measures charities on financial health and accountability and transparency in order to predict how efficiently a charity will use donations and assigns each charity a score from zero to four stars.
“When people give to OMRF, it’s important that we’re good stewards and use their gifts wisely,” said OMRF Vice President of Development Penny Voss. “We work hard to keep our administrative costs low so their donations can go directly to support research.”
“The gifts we receive from donors across the state allow us to recruit scientists and provide seed funding for new research projects,” she said. “Their generosity yields clear results, which are evident in the lead role OMRF has taken in discoveries related to lupus, heart disease, cancer and multiple sclerosis.”
OMRF was the only Oklahoma charity ranked in the top 10 list, which also included the Carnegie Institution for Science, Goodwill of Southern California and the New York-based Children’s Aid Society.
“These ten charities have earned the most consecutive 4-star ratings, demonstrating an ongoing fiscal excellence,” said the introduction to the list on Charity Navigator’s website. “They are well-positioned to pursue and achieve long-term change.”