FOR IMMEDIATE RELEASE
February 18, 2011
Contact:
Julian Teixeira
(202) 776-1812
jteixeira@nclr.org
Prestigious Charity Navigator Gives NCLR Four Stars
Washington, DC--NCLR (National Council of La Raza) is pleased to announce that it has received a four-star rating for sound fiscal management from Charity Navigator, an independent organization that evaluates how efficiently charities use their financial resources. For the third year in a row, NCLR earned the top rating for its ability to manage and build finances to support its mission of improving opportunities for Hispanic Americans. NCLR, the largest national Hispanic civil rights and advocacy organization in the United States, is among only 13 percent of charities rated by Charity Navigator for exceptional fiscal responsibility for the past three years.
“We are thrilled to receive this recognition from Charity Navigator for our strong financial management,” said Janet Murguía, NCLR President and CEO. “It is one more reason that donors can feel confident that NCLR uses every resource possible to advance our mission and to do the work that makes a difference in the lives of hardworking Latinos and their families.”
NCLR’s overall rating and its overall efficiency was at its highest in 2010 based on an evaluation of program expenses, administrative expenses, and fundraising expenses and efficiency. Charity Navigator (www.charitynavigator.org) applies data-driven analysis to evaluate the financial health of more than 5,500 of the largest charities in the U.S. The organization is considered the leading charity evaluator in the nation and estimates that it influenced more than $10 billion in charitable gifts last year.
In a letter congratulating NCLR, Ken Berger, Charity Navigator President and CEO, stated: “As the nonprofit sector continues to grow at an unprecedented pace, savvy donors are demanding more accountability, transparency and quantifiable results from the charities they choose to support with their hard-earned dollars….This ‘exceptional’ designation from Charity Navigator differentiates National Council of La Raza from its peers and demonstrates to the public it is worthy of their trust.”
Founded in 1968, NCLR (www.nclr.org) is a private, nonprofit, nonpartisan, tax-exempt organization headquartered in Washington, DC. Through its network of nearly 300 affiliated community-based organizations, NCLR reaches millions of Hispanics each year in 41 states, Puerto Rico, and the District of Columbia. To achieve its mission, NCLR conducts applied research, policy analysis, and advocacy, providing a Latino perspective in five key areas— assets/investments, civil rights/immigration, education, employment and economic status, and health. In addition, it provides capacity-building assistance to its Affiliates who work at the state and local level to advance opportunities for individuals and families.
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