KANSAS CITY NON-PROFIT RECEIVES HIGHEST RATING
FROM INDEPENDENT CHARITY EVALUATOR FOR 2ND CONSECUTIVE YEAR
Charity Navigator gives the PKD Foundation four stars for fiscal responsibility.
(Kansas City) March 11, 2008 — The PKD Foundation is proud to have received a four-star rating from the non-profit oversight group, Charity Navigator, for a second consecutive year. This is the organization's highest rating for non-profits in regard to sound fiscal management.
“In these uncertain economic times, when expendable income is at a premium, donors want to know their money is being wisely used,” said PKD Foundation President and CEO Dan Larson. “Less than 15 percent of U.S. charities qualify for this prestigious four-star rating. This separates the PKD Foundation from the pack and shows the public we can be trusted to use their donations judiciously,” he added.
The Charity Navigator rating system uses publicly-available tax returns filed with the IRS to evaluate a charity’s overall financial health. Specifically, Charity Navigator looks at fundraising efficiency, fundraising expenses, program expenses and administration expenses to show users how efficiently the charity operates on a day-to-day basis.
More than 5,000 of America’s best-known charities are listed on the Charity Navigator website. Less than 15 percent of the charities evaluated receive the four-star rating. This indicates that the PKD Foundation outperforms the majority of non-profits in America, with respect to fiscal responsibility. The PKD Foundation is the only health organization in the Kansas City area to receive this four-star rating, for a second consecutive year.
The PKD Foundation, headquartered in Kansas City, MO, leads the fight against polycystic kidney disease (PKD) through research funding and patient education.
PKD is one of the most common life-threatening genetic diseases in the world, affecting 12.5 million people worldwide. PKD causes cysts to form throughout the kidneys and eventually, the kidneys fail. Dialysis and transplantation are the only treatment options for kidney failure. There is no cure for PKD. For more information, visit www.pkdcure.org or call 1-800-PKD-CURE.
Charity Navigator, America's premier independent charity evaluator, works to advance a more efficient and responsive philanthropic marketplace by evaluating the financial health of America's largest charities. Charity Navigator's ratings are accessible at no charge at http://www.charitynavigator.org/.