Charitable Service Trust receives perfect score from Charity Navigator, Platinum Seal of Transparency from GuideStar
DAV’s Charitable Service Trust received a perfect score from Charity Navigator for “sound fiscal management and commitment to accountability and transparency” in 2019, marking the 15th time the Trust has received the coveted 4-star rating from America’s largest independent charity evaluator since first being evaluated in 2002.
The Trust uses more than 95 cents out of every donated dollar to support physical and psychological rehabilitation programs that provide direct services to disabled veterans. Programs supported by the Trust typically include providing food, shelter and other necessary items to homeless or at-risk veterans; accessibility or mobility items for veterans with vision or hearing impairments; therapeutic activities; and other forms of services for veterans, caregivers and their families.
“Attaining a 4-star rating verifies that DAV Charitable Service Trust exceeds industry standards and outperforms most charities in your area of work,” Charity Navigator President and CEO Michael Thatcher wrote in a letter commending the Trust for its efficient, open and ethical stewardship. “Only 14% of the charities we evaluate have received at least five consecutive 4-star evaluations, indicating that DAV Charitable Service Trust outperforms most other charities in America. This exceptional designation from Charity Navigator sets DAV Charitable Service Trust apart from its peers and demonstrates to the public its trustworthiness.”
“We are truly honored by this distinction,” said Trust President Richard E. Marbes. “What makes this achievement so remarkable is that the Trust scored a perfect 100 points on a comprehensive scorecard tracking financial strength and transparency, as well as charitable impact. I am humbled to lead an organization that is at the pinnacle of veterans charities.”
The Trust also earned GuideStar’s 2020 Platinum Seal of Transparency—the highest level of recognition offered by the company. This recognition allows the Trust to share its information with more than 200 philanthropic websites and applications powered by GuideStar data, such as AmazonSmile, Facebook and Network for Good.
“We have a long-held belief in being transparent about our work, and this recognition will allow the Trust to easily share a wealth of up-to-date organizational metrics with our supporters, as well as GuideStar’s immense online audience of 13 million people, which include donors, grant-makers, our peers and the media,” said Marbes.
To learn more about DAV’s Charitable Service Trust, go to cst.dav.org.