Earlier this year, the Erickson Merkel Foundation applied for and was granted a “Bronze Seal” rating from Guidestar, an organization that focuses on the functioning of other nonprofit groups. According to Guidestar, only 1-2 percent of U.S. nonprofits reach a Bronze level.
Executive Director Eric Jungels noted this new rating was something to be proud of, as it represented a new step along EMF’s path and mission.
“While we can always strive to improve ourselves, I’m sure this rating will help to contribute to the legitimacy of our organization and the confidence placed in us by our donors,” Jungels said. “For now, I think it’s great that we’ve made this progress as an organization.”
The rating indicates that EMF has reached a new level of transparency, which many nonprofits strive toward. Jungels indicated that other steps could likely be taken at the Board of Directors’ discretion in the coming years, including further reporting of EMF financials, Board orientations and self-assessments, evaluations for officers and a periodic strategic retreat.
For more information on EMF’s Bronze Seal rating, please visit our profile.