Outsourcing to the experts: We draw from 5 institutional reviewing organizations, which each evaluate nonprofits using a distinct set of criteria.
In order to analyze organizations, we assign a Bright Funds score to an organization based on an assessment from the following sources.
For a charity to be selected for one of the funds, it should have received at least eight (8) rating points.
GiveWell, aka The Clear Fund, is a nonprofit 501(c)(3) tax-exempt organization that performs exhaustive work to determine a very selective list of nonprofits working to change the world.
Each charity selected by GiveWell is selected over tens of thousands of other candidates.
Philanthropedia, where experts rank the top organizations on various criteria in their survey. For a detailed look at this survey, check out how Philanthropedia ranks non-profits.
Each charity selected by Philanthropedia received the highest relative rankings by a panel of subject matter experts.
Charity Navigator ranks charities based on two criteria: financial health, and accountability and transparency.
CharityWatch is operated by the American Institute of Philanthropy (AIP). AIP reviews and ranks charitable organizations on numerous criteria including percent spent on charitable purpose, cost to raise a given amount, years of available assets and other criteria, after which each is assigned a letter grade with a + or - designation.
We have selected charities ranked B+, A-, A or A+, and each receives five (5) rating points.
Universal Giving ranks charities using their trademarked Quality Model™, which includes verification against terrorist lists imparted by the U.S. Treasury Guidelines and in compliance with the Patriot Act, and independent review of finances. Universal Giving also examines NGO track records and management teams in addition to working with a Worldwide Advisory Board of international experts who recommend NGO Partners.
Because Universal Giving's vetting process is so rigorous, we consider inviting all the nonprofits recommended by UG into one of our funds.