The Blood Cancer Foundation of Michigan Earns Coveted 4-Star Rating from Charity Navigator
Farmington Hills., Mich. (March 3, 2021) –The Blood Cancer Foundation of Michigan’s (BCFM) 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 BCFM 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 its methodology for rating each charity’s’ financial health with CN 2.1. These enhancements further substantiate the financial health of its four-star charities.
“The Blood Cancer Foundation of Michigan’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 BCFM 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 BCFM.”
“It’s important our donors trust that we’re using their donations wisely to empower thousands of local families to take control of their blood cancer diagnosis through education, patient advocacy and support,” said Heidi Grix, president and CEO of BCFM. “Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
BCFM’s rating and other information about charitable giving are available free of charge on charitynavigator.org. More-detailed information about BCFM’s rating is available to Charity Navigator site visitors who become registered users, another free service.
About Charity Navigator
Charity Navigator, 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.
About The Blood Cancer Foundation of Michigan
The Blood Cancer Foundation of Michigan (BCFM) is a nonprofit organization dedicated to comprehensively addressing the emotional, financial, and social needs of patients and families affected by blood cancer across Michigan. Master's level professionals personalize critical education and support services to each patient and family member, elevating their ability to cope with – and overcome – the various burdens they encounter upon diagnosis, through treatment and beyond.
BCFM is proud to be among only a quarter of rated charities at charitynavigator.org, who have received the maximum 4-stars for strong financial health and commitment to accountability and transparency for two consecutive years. The organization earned a 2020 and 2019 Platinum Seal of Transparency, the highest level of recognition offered by GuideStar, showcasing the progress and results made toward its mission.
BCFM, CLF and the heart logo are registered trademarks. For more information, visit BloodCancerFoundationMI.org.