MMRF 4-Star Rating

Cancer Foundation Recognized 3rd Year Running for Outstanding Fiscal Management

The Multiple Myeloma Research Foundation (MMRF) announced today that for a third consecutive year, the MMRF has received a 4-star rating from Charity Navigator, America’s largest independent evaluator of charitable organizations. Fewer than 12 percent of the 1.5 million charities evaluated annually receive this distinction for two consecutive years.

The 4-star rating, the highest honor Charity Navigator bestows, goes to organizations operating with exceptional standards of fiscal responsibility. Spending only $3 to raise $100, the MMRF exceeds standards in cancer fundraising and outperforms most charities in America for responsible management and measurable results. More than 95 percent of the dollars raised goes toward research and related programming.

"To be evaluated by a credible third-party and found worthy of the public’s trust is essential to our success," said Scott Santarella, Executive Director and Chief Administrative Officer of the MMRF. "As an organization we feel an immense obligation to our donors to be responsible stewards of their support. This rating validates our efforts and we are proud to once again be recognized by Charity Navigator for our commitment toward fiscal responsibility."

In addition to the 4-star rating from Charity Navigator, the MMRF was the only cancer-related charity to recently receive the "A+" designation from the American Institute of Philanthropy, and is in compliance with all of the Better Business Bureau’s Wise Giving Alliance standards for charity accountability. Additionally, the MMRF has earned approval from the National Cancer Institute (NCI) for its research grants program, making it one of only nine private, charitable research organizations that meet the same rigorous scientific standards the NCI applies to its own grant issuing process.

Source www.multiplemyeloma.org