13 Mar Good360 Earns Coveted 4-Star Rating from Charity Navigator
On March 1, Good360, a global leader in product philanthropy and purposeful giving, was awarded a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. The 4-star rating is a result of Good360 maintaining strong financial health and a commitment to accountability and transparency in its efforts to ensure that nonprofit organizations across the US and around the world have access to product donations that allow them to fulfill their own local mandates and missions.
Since 2002, using objective analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. Good360’s exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public. Charity Navigator highlights the fine work of efficient, ethical, and open nonprofits and is the gold standard in providing donors with essential information needed to give them greater confidence in the charitable choices they make. Only one-quarter of charities rated by Charity Navigator receive the distinction of a 4-star rating. This adds Good360 to a preeminent group of charities working to overcome our world’s most pressing challenges.
Based on this 4-star rating, corporations can trust that their donations are going to a financially responsible and ethical nonprofit when they decide to support Good360. Good360 gives items a new life, keeping them out of landfills and reducing waste. The organization also works closely with corporate donors to ensure that their brands are protected and that donated product is appropriately distributed to those in need. For nonprofits, a strong in-kind donation ecosystem means that they can stretch their budgets further, using cash for essential programs and services rather than for the purchase of product.
“We are honored to be given this important distinction,” said Howard Sherman, CEO of Good360. “It is important that our donors trust that we are distributing their product donations wisely in order to serve our network of more than 57,000 nonprofit members. Our 4-star Charity Navigator rating demonstrates to our supporters our good governance and financial accountability.”
Good360’s mission is to help people in need by inspiring companies to support nonprofits, and does so by connecting companies that have products to donate with nonprofits who need them. Since 1983, Good360 has distributed more than $9 billion in donated goods in the US and around the world, helping its network of more than 57,000 prequalified nonprofit members strengthen communities and improve the lives of millions of people in need
Information about Good360’s Charity Navigator rating is available here