Bloomington, Indiana — April 25, 2016 — The Children’s Organ Transplant Association (COTA) has received Charity Navigator’s 4-star rating for the sixth year in a row. The 4-star rating, Charity Navigator’s highest, is given to not-for-profit organizations that practice sound fiscal management and are committed to accountability and transparency.
“Only 4% of the charities we rate have received six consecutive 4-star evaluations, indicating that the Children’s Organ Transplant Association outperforms most other charities in America,” wrote Michael Thatcher, Charity Navigator’s President and CEO, in a letter to COTA. “This ‘exceptional’ designation from Charity Navigator differentiates COTA from its peers, and demonstrates to the public that COTA is worthy of their trust.”
According to Charity Navigator, receiving four out of a possible four stars shows that COTA adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way. COTA’s mission statement reads:
The Children’s Organ Transplant Association helps children and young adults who need a life-saving transplant by providing fundraising assistance and family support.
“COTA is once again extremely honored to be recognized as one of the nation’s top charities by Charity Navigator,” said Tony Paganelli, COTA’s Chairman of the Board. “Through the dedication of our nationwide network of Miracle Makers and the guidance of COTA’s Board of Directors, we ensure that 100% of each dollar donated for transplant-related expenses is used that way. This year’s Charity Navigator’s recognition arrived at the same time we are celebrating 30 years of COTA’s life-saving mission.”
“Without COTA’s contributors, we would not be able to give children and young adults a second chance at life. We appreciate the trust of our contributors and the tireless work of our volunteers,” Paganelli said.
“Our goal is to provide (contributors) with essential information needed to give them greater confidence in the charitable choices they make,” wrote Charity Navigator’s Thatcher. As the not-for-profit sector continues to grow at an unprecedented pace, savvy contributors are demanding more accountability, transparency and quantifiable results from the charities they choose to support with their hard-earned dollars.
According to Paganelli, “COTA receiving Charity Navigator’s 4-star rating for the sixth consecutive year is a testimony of excellence for our contributors, our volunteers and our transplant families.”
Last year it is estimated that Charity Navigator influenced approximately $10 billion in charitable gifts, according to the charity rating group.
About the Children’s Organ Transplant Association (COTA)
The Children’s Organ Transplant Association is a national 501(c)3 charity that provides fundraising assistance and support to transplant families. Since 1986, COTA’s priority is to assure that no child or young adult is denied a transplant or excluded from a transplant waiting list due to a lack of funds. 100% of all funds raised in honor of transplant patients are used for transplant-related expenses.
If you would like to learn more about the Children’s Organ Transplant Association (COTA), please contact Kim Carter Parker (gro.a1500755990toc@m1500755990ik1500755990).