The Oklahoma Medical Research Foundation has earned four stars—the highest possible rating—from Charity Navigator, a national charity ranking service. This is the second consecutive year in which OMRF has received the prestigious four-star rating.
“At OMRF, we work very hard to ensure that we use every cent of every donation wisely,” said Mike “Chip” Morgan, OMRF’s Vice President for Business Operations. “It’s nice to be recognized for our commitment to fiscal responsibility, particularly when that recognition comes from an unbiased, nationally known organization that evaluates thousands of charities around the country.”
Created in 2001, Charity Navigator promotes intelligent giving by providing report cards for almost 3,000 charities nationwide. Using publicly available financial information, this web-based non-profit service measures charities’ performance in seven categories: fund-raising efficiency, fund-raising expenses, program expenses, primary revenue growth, administrative expenses, program expenses growth and working capital ratio.
Charity Navigator assigns each charity a score from zero to four stars. According to the organization’s website (www.charitynavigator.org), OMRF’s four-star rating means that its performance is “exceptional” and “[e]xceeds industry standards and outperforms most charities in its Cause.”
Among the 67 medical research organizations Charity Navigator evaluated, OMRF was one of only 30 that received four stars.
OMRF President J. Donald Capra, M.D., sees this rating as an important educational tool for all donors and potential donors. “The more information people have, the better the charitable decisions they can make,” said Capra. “With this four-star rating, OMRF supporters can rest assured their gifts are going exactly where they should—to fund life-saving research.”
About OMRF:
OMRF (www.omrf.org) is a nonprofit biomedical research institute dedicated to understanding and curing human disease. Its scientists focus on such critical research areas as Alzheimer’s disease, cancer, lupus and cardiovascular disease. OMRF is home to Oklahoma’s only Howard Hughes Medical Institute investigator and only member of the National Academy of Sciences in the area of biomedical research.
