AFTAU earns 4-star rating from Charity Navigator for seventh consecutive year
Charity Navigator's highest rating indicates the nonprofit exceeds industry standards and outperforms other organizationsSupport Tel Aviv University
American Friends of Tel Aviv University (AFTAU) — a nonprofit organization that is the fundraising arm of Tel Aviv University in the United States — announced it was awarded the coveted 4-star rating from Charity Navigator, America’s largest and most-utilized third-party evaluator of charities. AFTAU earned the prestigious recognition for the seventh consecutive year, a distinction that only seven percent of the charities evaluated have received, demonstrating the organization’s exceptional financial health and commitment to accountability and transparency.
“We are honored and proud to receive this rating for the seventh consecutive time,” said Jennifer Gross, chief executive officer of AFTAU. “We take our commitment to donors and the University very seriously and we are pleased to be recognized for fiscal responsibility and transparency to donors and partners.”
“American Friends of Tel Aviv University’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public,” according to Michael Thatcher, president and chief executive officer of Charity Navigator.
American Friends of Tel Aviv University pursues the advancement of Tel Aviv University in the U.S. and globally, raising funds, awareness and influence. TAU educates over 30,000 students studying in 32 schools across the spectrum of sciences, humanities, and the arts, and is consistently ranked in the top 20 in the world in terms of scientific citations and among the top 100 universities internationally.
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 4-star charities.