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DAV Charitable Service Trust receives 4-star rating for empowering veterans

AmeriForce Staff
by AmeriForce Staff
September 21, 2021
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DAV Charitable Service Trust receives 4-star rating for empowering veterans
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Organized in 1986, the DAV (Disabled American Veterans) Charitable Service Trust is dedicated to one single purpose: empowering veterans to lead high-quality lives with respect and dignity.

In an effort to fulfill that purpose, the Trust awards grants to nonprofit organizations with programs that benefit service members of every era. Through financial assistance grants, the Trust carries out its mission by supporting: programs ensuring quality health care for veterans; assistance to veterans suffering from PTSD, TBI, military sexual trauma, substance-abuse issues, and related conditions; programs enhancing mobility for veterans with amputations, spinal cord injuries, and other physical afflictions; and additional initiatives addressing the needs of veterans and their caregivers or families.

 

The Trust recently received the coveted 4-star rating from Charity Navigator for “sound fiscal management and commitment to accountability and transparency,” and its second consecutive perfect overall score. This marks the 16th time the Trust has received the highest rating from America’s largest independent charity evaluator since first being evaluated in 2002.

“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 being efficient, open, and ethical. “Only 11% of the charities we evaluate have received at least six 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.”

CST President Richard E. Marbes
CST President Richard E. Marbes

“This distinction is a huge honor for us,” said Trust President Richard E. Marbes. “What makes this achievement so remarkable is that the Trust once again scored a perfect 100 points on a comprehensive scorecard tracking financial strength and transparency, as well as charitable impact. Leading an organization that is at the pinnacle of veterans charities is incredibly humbling, though I’m not the least bit surprised by our administration’s dedication to America’s veterans.”

To learn more about DAV’s Charitable Service Trust, go to cst.dav.org.

Tags: Charity NavigatorDAVDAV Charitable Service TrustMichael ThatcherRichard E. Marbes
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AmeriForce Staff

AmeriForce Staff

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