Thursday, April 25, 2024

Navy SEAL Foundation Earns Charity Navigator’s Highest Four-Star Rating for Seventh Straight Year

SEAL warrior-based nonprofit among nation’s top 4 percent charitable organizations based on financial responsibility and governance.

The Navy SEAL Foundation (NSF) has once again received a 4-star rating from Charity Navigator, America’s largest and most-utilized independent evaluator of charities. Also, for the third consecutive year, NSF scored a perfect 100 on the charitable watchdog’s ranking system.

Michael A. Thatcher, Charity Navigator’s President & CEO, recently confirmed the “Four-Star” rating and perfect score to the Navy SEAL Foundation’s management staff and board of directors.

“This is our highest possible rating and indicates that your organization adheres to sector best practices and executes its mission in a financially efficient way,” Thatcher said. “Attaining the four-star rating verifies that Navy SEAL Foundation exceeds industry standards and outperforms most charities in your area of work.”

Thatcher continued, the designation “… sets Navy SEAL Foundation apart from its peers and demonstrates to the public its trustworthiness.” The review of the Navy SEAL Foundation’s financial health and commitment to accountability and transparency is posted on Charity Navigator’s website (http://www.charitynavigator.org)

“I’m so very proud of our team,” said Retired Rear Admiral Garry J. Bonelli, chairman of the board of directors of the Navy SEAL Foundation. “To put this accomplishment in perspective, only 4 percent of the charities rated have received this level of excellence consistently. Earning Charity Navigator’s coveted ‘Perfect 100’ score places our Foundation among just 65 other exceptional nonprofits out of over 9000 charities rated.”

Robin King, executive director of NSF, stated, “Everyone associated with NSF works hard on a daily basis to serve the NSW community in the best possible way. News like this serves to re-invigorate our efforts to always look for ways to be better, more efficient, and agile.”

The Navy SEAL Foundation will soon be opening a new office in Coronado and is looking forward to having a physical office to better serve those they support. They are hoping to open the doors of the Coronado office in early April.

About Navy SEAL Foundation
The Navy SEAL Foundation supports all active-duty Naval Special Warfare (NSW) personnel, including U.S. Navy SEALs, and their families stationed all over the world. It provides critical programs for NSW Gold Star families and NSW veterans. In 2016, over $13 million was invested in program support for these warriors and their families under six main areas: Warrior and Family Support, Educational Opportunities, Tragedy Assistance and Survivor Support, Warrior Transition, Veteran Support, and Legacy Preservation.
Like the community it serves, the Navy SEAL Foundation is a high performing organization committed to excellence. NSF has received seven consecutive 4-Star ratings from Charity Navigator. It is one of only 66 charities from among more than 9,000 to have earned a perfect score of 100 for our financial health, accountability and transparency, placing NSF in the top 1% of the rated charities. Ninety-four cents of every dollar donated goes directly to programs or is retained for future mission use.
The Navy SEAL Foundation is a 501c3 national non-profit charitable organization. TAX-ID 31-1728910. The Navy SEAL Foundation is a non-federal entity. It is not a part of the Department of Defense or any of its components, and it has no governmental status. For more information, please visit: http://www.navySEALfoundation.org

 



Managing Editor
Managing Editor
Originally from upstate New York, Dani Schwartz has lived in Coronado since 1996. She is happy to call Coronado home and to have raised her children here. In her free time she enjoys reading, exercising, trying new restaurants, and just walking her dog around the "island." Have news to share? Send tips or story ideas to: [email protected]

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