NEWS RELEASE FROM UNITED WAY:
United Way Worldwide today (Thursday) announced its selection by Forbes magazine as the largest U.S charity. In addition, United Way has been named one of “Forbes Picks: All-Star Charities,” a newly created category that reflects the organization’s dedication to quality programs, community impact and organizational efficiency.
“It is an honor for United Way and the thousands of community impact professionals working throughout our network to be recognized as a top charity for our resources, community impact, program quality and organizational efficiency,” said Stacey D. Stewart, president of United Way U.S.A. “After 125 years of creating long-term change in communities, United Way continues to create opportunities for a better life for all throughout the United States and around the world.”
“This announcement is further encouragement and support for our United Way to continue its concerted effort alongside our dedicated volunteers to advance our community impact model in the greater Chippewa Valley,” says United Way of the Greater Chippewa Valley Executive Director Jan Porath. “Results of United Ways both in Wisconsin and nationally are demonstrating the positive effect community impact is having on addressing key issues in their local populations, and Forbes calling out United Way as an All-Star Charity is further recognition of this.”
For inclusion on the Forbes list, United Way was judged based on the amount of private donations made to the organization; either by individual donors, corporations, partnerships and other nonprofits. Forbes included United Way as a financial efficiency all-star based on the overall percentage of donations used in program implementation.