Guidestar once again has PHF at highest level
April 7, 2022 | By Michael H. Babcock
Platinum Seal awarded for second straight year
Portage Health Foundation (PHF) earned the Platinum Seal of Transparency, the highest level of recognition offered by GuideStar for the second year in a row.
“This is an added demonstration of our efforts to be responsible and transparent with the financial administration of PHF,” Executive Director Kevin Store said.
Portage Health Foundation has shared metrics that highlight progress the organization is making toward its mission to positively influence a healthier community through enhanced philanthropy and collaboration. The organization is helping donors move beyond simplistic ways of nonprofit evaluation such as overhead ratios.
To reach the Platinum level, PHF added extensive information to its Nonprofit Profile on GuideStar: basic contact and organizational information; in-depth financial information; qualitative information about goals, strategies, and capabilities; and quantitative information about results and progress toward its mission. By taking the time to provide this information, Portage Health Foundation has demonstrated its commitment to transparency and to giving donors and funders meaningful data to evaluate nonprofit performance.
About GuideStar Nonprofit Profiles
In February 2019, GuideStar joined forces with Foundation Center to form Candid, a new 501(c)(3) nonprofit organization. Today, GuideStar is a service of Candid. The GuideStar database contains a profile for every tax-exempt nonprofit registered with the IRS. The profiles are populated with information directly from nonprofits, the IRS, and other partners in the nonprofit sector. Candid encourages every nonprofit to claim and update its profile at no cost to the organization. Updating allows nonprofits to share a wealth of up-to-date information with the more than 13 million people who visit guidestar.org to learn more about nonprofit organizations each year. Updating also allows nonprofits to share information with the more than 200 philanthropic websites and applications that are powered by GuideStar data, such as AmazonSmile, Facebook, and Network for Good. To reach a given participation level, organizations must complete all required fields for that level. The GuideStar participation levels, acknowledged as symbols of transparency in the nonprofit sector, are displayed on all updated participants' profiles in the GuideStar database.