For the 12th consecutive year, Oklahoma Medical Research Foundation received the highest possible rating from CharityNavigator.org, the nation's largest charity evaluator. The foundation was complimented for “sound fiscal management and commitment to accountability and transparency.”
The OMRF is one of 12 Oklahoma organizations that earned a four-star rating this year. In Oklahoma City, City Rescue Mission, Infant Crisis Services, Reaching Souls International, Regional Food Bank of Oklahoma and the United Way of Central Oklahoma all received this distinction.
“Less than 1 percent of the charities we rate have received at least 12 consecutive four-star evaluations, indicating that Oklahoma Medical Research Foundation outperforms most other charities in America,” said Ken Berger, Charity Navigator president and CEO. “This ‘exceptional' designation from Charity Navigator differentiates Oklahoma Medical Research Foundation from its peers and demonstrates to the public it is worthy of their trust.”
Using publicly available financial information, Charity Navigator promotes intelligent giving by providing report cards for U.S. and international charities. The nonprofit measures charities on financial health and accountability and transparency, to predict how efficiently a charity will use support. It then assigns each charity a score from zero to four stars.
OMRF is the only Oklahoma entity on Charity Navigator's list of the 10 charities with the most consecutive four-star ratings. Among others on the list are The Children's Aid Society, the Institute for Justice, Compassion International and the Carnegie Institution for Science.
“So many families in the state and across the country are struggling to get their finances back on track,” said OMRF President Stephen Prescott, M.D. “When our donors give to lifesaving scientific research at OMRF, they need to know we're putting their gifts to good use. Whether it's groundbreaking research into autoimmune diseases or helping fund clinical drug trials to treat a deadly form of brain cancer, we work to earn their trust every day.”
Donors demand accountability and transparency from charities they support, Berger said.
“Our goal in all of this is to provide donors with essential information needed to give them greater confidence in the charitable choices they make.”
Greg Elwell is media affairs specialist for Oklahoma Medical Research Foundation.