Oak Brook, Illinois (USA), Aug. 07, 2018 (GLOBE NEWSWIRE) -- Lions Clubs International Foundation (LCIF) has earned its seventh consecutive 4-star rating from Charity Navigator for its effective fiscal management and its commitment to accountability and transparency.
Founded in 2001, Charity Navigator is the largest and most-utilized charity evaluator in the United States. Charity Navigator examines the financial health, accountability and transparency of charities to determine its ratings. Financial information is based on each charity’s 990 tax filing in the United States. Ratings demonstrate how well evaluated charities have sustained their programs and services over time.
A letter from Charity Navigator’s President and CEO, Michael Thatcher, stated that, “Lions Clubs International Foundation exceeds industry standards and outperforms most charities in [its] area of work.” Mr. Thatcher went on to write that, “Only 5% of the charities we evaluate have received at least 7 consecutive 4-star evaluations, indicating that Lions Clubs International Foundation outperforms most other charities in America.”
LCIF’s Chairman, Naresh Aggarwal said, “I am proud of this milestone and prouder still in the work that LCIF is doing to improve lives around the world. LCIF donors can be confident their donations are being used in support of the programs for which they are intended.” In fact, the Foundation is particularly proud that 100% of all donations directly benefit its programmatic work.
This achievement comes on the heels of Lions Clubs International Foundation’s July launch of a US$300 million comprehensive campaign, Campaign 100: LCIF Empowering Service, to achieve an even greater impact by expanding its cause areas to include childhood cancer, diabetes, hunger and the environment to ultimately serve hundreds of millions more, worldwide.
About Lions Clubs International Foundation (LCIF)
LCIF is the charitable arm of Lions Clubs International, the world’s largest service club organization with more than 1.4 million men and women members in more than 200 countries and geographical areas worldwide. Since 1968, LCIF has funded service work through personal financial gifts from Lions members and the general public. LCIF helps Lions improve peoples’ lives around the world, from combating vision problems to responding to major catastrophes to providing valuable life skills to youth, and much more. Learn more at lcif.org.