ARLINGTON, Va., June 1, 2016 /PRNewswire-USNewswire/ -- Charity Navigator, America's largest charity evaluator, announced today it has raised its 4-star rating for the Congressional Medal of Honor Foundation.
Charity Navigator, which initially awarded the Foundation a 4/4-star rating on Feb. 1, assesses charities on financial management, accountability and transparency. For accountability and transparency, the Foundation's score rose from 92 to a perfect 100. For financial management the Foundation's score rose from 94.31 to 98.27. As a result, the Foundation's overall score rose from 93.05 to 98.77.
"It is an honor to serve the Recipients of the Medal of Honor and we strive to operate the Foundation with sound business practices and ethics," said Ron Rand, president and chief executive officer, Congressional Medal of Honor Foundation. "This strong rating assures our partners and supporters that we will honor their investment and use our resources to educate and inspire people to live by the values embodied in the Medal of Honor."
The living Recipients of the Medal of Honor created the Foundation in 1999 to help perpetuate the legacy of the Medal and the values embodied in it. Through its character development, citizen recognition and scholarship programs, the Foundation teaches Americans, and especially our youth, to live by the values of the Medal: courage and sacrifice, commitment and integrity, citizenship and patriotism.
"We're proud our Foundation has been recognized for excellence in operating a transparent and financially sound organization," said Tom Kelley, Medal of Honor Recipient and president of the Congressional Medal of Honor Society. "They are helping me and the 75 other living Recipients of the Medal of Honor build a better nation by inspiring America's youth to value courage, service, sacrifice and patriotism."
About the Congressional Medal of Honor Society:
The Congressional Medal of Honor Society was chartered by the Congress in 1958 to create a brotherhood among the living Medal of Honor Recipients, to protect and uphold the dignity and honor of the Medal, to promote patriotism and love of country, and to inspire our youth to become worthy and dedicated citizens of our nation. Its membership consists exclusively of those individuals who have received the Medal of Honor. Today, there are 76 living Recipients of the Medal of Honor. The Society is unique in that its membership hopes that there will be no need to welcome new inductees.
About the Congressional Medal of Honor Foundation:
The Congressional Medal of Honor Foundation was founded in 1999 by the Congressional Medal of Honor Society to perpetuate the legacy of the Medal. Through character development, scholarship and citizen recognition programs based on the values embodied in the Medal — courage, sacrifice, selfless service and patriotism — the Foundation teaches all citizens that they can make a difference in the lives of others. The Foundation also supports the important work of the Congressional Medal of Honor Society. A 501(c)(3) nonprofit organization with Tax ID #25-1828488, the Foundation carries a rating of 4/4 stars for fiscal management, accountability and transparency from Charity Navigator, America's premiere nonprofit evaluator.
SOURCE Congressional Medal of Honor Foundation