BROWNS MILLS, N.J., May 04, 2016 (GLOBE NEWSWIRE) -- Deborah Hospital Foundation’s sound fiscal management practices and commitment to accountability and transparency have earned a 4-STAR rating from Charity Navigator, America’s largest independent charity evaluator. This distinction makes Deborah the only hospital Foundation in New Jersey with a 4-STAR Charity Navigator rating.
Since 2002, using objective, data-driven analysis, 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 and Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“Deborah Hospital Foundation’s coveted 4-STAR rating puts it in a very select group of high-performing charities,” said Michael Thatcher, Charity Navigator President and CEO. “Out of the thousands of nonprofits Charity Navigator evaluates, very few earn 4-STAR – a rating that demands rigor, responsibility and commitment to openness. Deborah supporters should feel confident that their hard-earned dollars are being used efficiently and responsibly.”
“It’s important that our donors trust we are using our funding wisely in accordance with their wishes in support of Deborah Heart and Lung Center,” said Steve Toal, Chief Development Officer, Deborah Hospital Foundation. “Our 4-STAR Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously. We have an obligation to be good stewards with the gifts entrusted to us by our donors and this 4-STAR rating acknowledges that.”
About Charity Navigator
Charity Navigator is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability and Transparency of more than 8,000 charities. 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 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.
About Deborah Hospital Foundation
Deborah Hospital Foundation is the fundraising arm of Deborah Heart and Lung Center, which in 94 years has never rendered a bill to a patient, based on the mission “there is no price on life”. Located in Browns Mills, New Jersey, Deborah Heart and Lung Center is an 89-bed teaching hospital that specializes in the diagnosis and treatment of congenital and acquired heart, lung and vascular diseases in adults, as well as providing outpatient cardiology services for children.
Contact: Steve Toal, (609) 893-0200
Source:Deborah Heartand Lung Center