Cold Spring Harbor Laboratory Awarded Highest Independent Rating for Sound Fiscal Management
For the sixth consecutive year, Cold Spring Harbor Laboratory (CSHL) has received the highest possible rating from Charity Navigator for its financial organizational efficiency and capacity. The four star rating indicates that CSHL exceeds industry standards and outperforms most charities in successfully managing its organizational finances.
According to Trent Stamp, President of Charity Navigator, “with only 1% of the charities rated receiving 6 consecutive 4-star Charity Navigator evaluations, Cold Spring Harbor Laboratory outperforms most charities in fiscal responsibility. This ‘exceptional’ designation from Charity Navigator differentiates Cold Spring Harbor Laboratory from its peers and demonstrates to the public that it is worthy of their trust.”
“Decreasing government support for biomedical science means that CSHL needs private donations to propel the breakthroughs we seek in diseases such as cancer and neurological disorders such as Alzheimer’s, autism, and schizophrenia. The highest rating from Charity Navigator distinguishes CSHL as an institution that is prepared to meet the demands of private donors who demand accountability, transparency and quantifiable results from their investments in non-profit organizations,” said CSHL Chief Operating Officer Dill Ayres.
Charity Navigator is America’s largest independent evaluator of charities and uses performance categories to evaluate the efficiency and capacity of the organization in areas of financial health. For more information visit www.charitynavigator.org
CSHL is a private, non-profit research and education institution dedicated to exploring molecular biology and genetics in order to advance the understanding and ability to diagnose and treat cancers, neurological diseases, and other causes of human suffering. For more information, visit www.cshl.edu.