Watchdog Group Adopts Change in Rating System
The watchdog group Charity Navigator revamped its ratings system this week as part of a plan to move beyond evaluating charities based solely on their financial performance.
The website now places equal weight on a charity’s governance and openness about its operations as it does on financial information.
Ken Berger, Charity Navigator’s president, said the new system would give donors a clearer picture of how charities are managed and nudge nonprofits toward improving their governance practices.
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%0D%0A%20%20The%20website%20now%20places%20equal%20weight%20on%20a%20charity’s%20governance%20and%20openness%20about%20its%20operations%20as%20it%20does%20on%20financial%20information.%0D%0A<%2Fp>%0D%0A
%0D%0A%20%20Ken%20Berger,%20Charity%20Navigator’s%20president,%20said%20the%20new%20system%20would%20give%20donors%20a%20clearer%20picture%20of%20how%20charities%20are%20managed%20and%20nudge%20nonprofits%20toward%20improving%20their%20governance%20practices.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fwatchdog-group-adopts-change-rating-system%2F" target="_blank" class="email" data-post-id="19585" type="icon_link"> Email Email
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