Opening and Closing Bell on Wall Street
John P. Dugan, Chair and Co-Founder of Charity Navigator, will ring the NYSE Opening Bell.
About Charity Navigator:
Today, with ratings of 7,000 charities, Charity Navigator staff evaluates more charitable non-profits than anyone else. Out of the universe of approximately 1.4 million nonprofits, those 7,000 charities garner roughly 55% (i.e. $110 billion) of all non-religious private contributions made in the US each year. The charity ratings, as well as the entire content-rich Charity Navigator web site, are available to everyone completely free of charge. In addition, Charity Navigator never accepts funds from any of the charities it evaluates. Charities are currently evaluated in two dimensions—financial health and accountability/transparency. Concurrently, the organization is developing and implementing the all-important third rating dimension—results reporting (which considers the quality of how a charity publicly reports on how it meets its mission with meaningful results). Charity Navigator’s primary goal is to get to 10,000 charities (garnering 70% of all US private contributions) rated in three dimensions—called CN 3.0—by the end of 2016.
Close to 60,000 individual donors as well as foundations have supported the organization’s work since inception. In fact, a majority of its funding comes from the voluntary donations of its users. A charity itself, Charity Navigator receives no government funding and is a uniquely independent advocate and voice for American charitable givers. Its independence and objective recommendations have propelled the organization onto the national and international stage as a unique expert on charitable giving. (Source: Charity Navigator)