ATLANTA, February 8, 2016 /3BL Media/ – The Arby’s Foundation, the charitable arm of Arby’s dedicated to helping end childhood hunger, recently earned a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. The 4-star rating is a result of the Arby’s Foundation maintaining sound fiscal management practices and a commitment to accountability and transparency in its efforts to ensure all children across America have access to wholesome meals.
Since 2002, using objective, data-driven 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 have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.
“Arby’s Foundation’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, President & CEO of Charity Navigator. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars -- a rating that demands rigor, responsibility and commitment to openness. Arby’s Foundation’s supporters should feel much more confident that their hard-earned dollars are being used efficiently and responsibly when it acquires such a high rating.”
“It’s important that our donors trust that we’re using our funding wisely to accomplish our mission to ensure every child in America has the meals they need to succeed,” said Chris Fuller, Executive Director, Arby’s Foundation. “Our 4-star Charity Navigator rating demonstrates to our supporters that we take being good stewards of funding very seriously.”
The 4-star rating adds to numerous awards and accomplishments achieved by the Arby’s Foundation in 2015. Accolades include: providing access to over 1.6 million Arby’s Kids Meals through the School’s Out, Food’s In initiative; raising a record-breaking $3.75 million through the National Restaurant Fundraiser; and receiving the Great Oak Award, a marquee award from Share Our Strength honoring exceptional and steadfast partners in their work to end childhood hunger in America.
Arby’s Foundation’s rating and other information about charitable giving are available free of charge on www.charitynavigator.org. More-detailed information about Arby’s Foundation’s rating is available to Charity Navigator site visitors who become registered users, another free service.
About the Arby’s Foundation, Inc.
The Arby’s Foundation, the charitable arm of Arby’s, carries out a mission to end childhood hunger in America. Building on a philanthropic heritage that has contributed over $76 million to child-related causes since its inception in 1986, the Arby’s Foundation is working to ensure every child in America has the meals they need to succeed, especially when school is out. With more than 16 million U.S. children—more than 1 in 5—facing hunger daily, the Arby’s Foundation has devoted its resources to providing education and access to wholesome food choices for children across the country. The Arby’s Foundation is a registered 501 (c) (3) organization headquartered in Atlanta. To learn more, visit www.arbysfoundation.org.
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America's charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452.
KEYWORDS: Awards and Recognition, Company Ratings, Charity Navigator, financial responsibility, childhood hunger, Rating, Fiscal, Accountability, charity transparency, Ethical practices, Best Practice, Arby's