Scripps Research receives highest possible charity rating
April 02, 2019
LA JOLLA, CA — Following a qualitative review of dozens of performance metrics valued by charitable givers, Scripps Research has been awarded an “exceptional” rating of four stars, indicating it exceeds industry standards and outperforms most charities in its cause. The four-star designation from Charity Navigator, an independent evaluator, is the highest rating possible.
“This recognition from Charity Navigator is so important to us because it acknowledges our dedication to financial stewardship,” says Jennifer Crosby, vice president of Philanthropy and Community Engagement for Scripps Research. “We’re grateful for all of the support we receive from our donors and our community, and they can expect the best from us in return.”
Financial gifts to Scripps Research enable scientific discovery that advances the field of medicine, ultimately to improve or save lives. Among the many FDA-approved drugs to result from ingenuity at Scripps Research are treatments for several cancers, leukemia, arthritis and respiratory distress syndrome. Dozens of additional drug candidates—targeting pain, multiple sclerosis, dementia and other disease areas—are currently undergoing analysis and refinement.
In addition to its reliance on philanthropic gifts and funding from the National Institutes of Health, Scripps Research has established a first-of-its-kind translational research model for funding nonprofit research institutes. Through industry partnerships and licensing agreements, the organization is advancing new drug candidates and bringing yet another layer of financial sustainability to fuel its mission.
“Being a four-star charity means that when we receive gifts, we put them to the best and most efficient use,” Crosby says. “We believe our new operating model will make our organization an even more appealing place for donors to invest in the future of health.”
Charity Navigator is the nation's largest and most-utilized evaluator of charities. Its professional analysts have examined tens of thousands of non-profit financial documents to develop an unbiased, objective, numbers-based rating system to assess over 9,000 of America's charities. The ratings help donors gauge how efficiently a charity will use their support, how well it has sustained its programs and services over time, and its level of commitment to accountability and transparency.
For more information, contact press@scripps.edu