For the seventh year in a row, the Oklahoma Medical Research Foundation has received the highest possible rating from Charity Navigator, the nation’s largest charity evaluator.
OMRF is one of only 10 organizations in Oklahoma to earn a 4-star rating on CharityNavigator.org. Nationwide, OMRF ranks among the top 25 medical research organizations rated by the group.
“Only 1 percent of the charities we rate have received at least seven consecutive 4-star evaluations, indicating that Oklahoma Medical Research Foundation consistently executes its mission in a fiscally responsibly way and outperforms most other charities in America,” said Ken Berger, President and 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.”
“We know there are a lot of competitors for donor dollars, especially in this financial climate,” OMRF President Stephen Prescott, M.D., said. “The 4-star rating from Charity Navigator shows that money given to OMRF goes exactly where it should—to fighting disease.”
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.