The Food Bank of Central Louisiana’s strong financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the second consecutive time that the Food Bank of Central Louisiana has earned this top distinction.
Since 2002, using objective 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 & Transparency metrics, which account for 50 percent of a charity’s overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders. On June 1, 2016, Charity Navigator upgraded their methodology for rating each charity’s financial health with CN 2.1. These enhancements further substantiate the financial health of the four-star charities.
“The Food Bank of Central Louisiana’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, President & CEO of Charity Navigator. “Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds the Food Bank of Central Louisiana’s to a preeminent group of charities working to overcome our world’s most pressing challenges. Based on its 4-star rating, people can trust that their donations are going to a financially responsible and ethical charity when they decide to support the Food Bank of Central Louisiana.”
“It’s important our donors trust that we’re using their donations wisely to accomplish our mission to alleviate hunger in central Louisiana,” said Jayne Wright-Velez, executive director of the Food Bank of Central Louisiana. “Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
The Food Bank of Central Louisiana’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about The Food Bank of Central Louisiana’s rating is available to Charity
Navigator site visitors who become registered users, another free service.
The Food Bank of Central Louisiana is a non-profit organization whose mission is to alleviate hunger in Central Louisiana. The Food Bank distributes food and grocery products to needy families through a network of 161 approved charitable agencies in the following eleven parishes: Allen, Avoyelles, Catahoula, Concordia, Grant, LaSalle, Natchitoches, Rapides, Sabine, Vernon and Winn.