4-Star rating awarded to Boys & Girls Clubs of Martin County for ninth consecutive year
In its 30-year commitment to making a meaningful difference in the lives of thousands of children each year, Boys & Girls Clubs of Martin County understands that the nonprofit sector is continually advancing and expanding, this is especially true as the community moves past the pandemic. And due to the increasing demand for donations, astute donors are yearning for greater accountability, transparency, and concrete results.
Recognized by Forbes, Business Week, and Kiplinger’s Financial, Charity Navigator recently issued a new rating for Boys & Girls Clubs of Martin County. “We are proud to announce we’ve earned our ninth consecutive 4-star rating,” says Keith “Fletch” Fletcher, BGCMC President and CEO. “This is Charity Navigator’s highest possible rating and indicates that our organization adheres to industry best practices and executes its mission in a fiscally responsible way.”
Attaining a 4-star rating verifies that the organization is exceeding industry standards and outperforming many other charities in the same area of work. This exceptional designation from Charity Navigator sets BGCMC apart and demonstrates to donors, funders, and the community their steadfast dedication to the mission.
As the migration toward digital payment continues to accelerate, driven by the pandemic and the increased interest in digital currencies, BGCMC is expanding its portfolio to also include contributions of cryptocurrency.
“This is an emerging trend among nonprofit organizations in key markets around the country and some of our donors were inquiring about making the option available,” says Fletcher. “We’re excited to embrace crypto contributions for the tax benefits they can provide our donors, while at the same time, lean into innovation and how we can better serve future generations.”
“Martin County is blessed in so many ways, including that it’s home to many titans of industry who care generously about the community,” says Fletcher. “It isn’t just the wealthy retiree who might see the benefits of crypto giving. There is a generation of millennials and Gen Z’s that are leading extremely digital lives and have adapted their finances, accordingly, often investing in cryptocurrency. Leading the crypto trend, they’re looking for new and innovative ways to reap the benefits of investment while making difference in their community.”
When someone donates crypto to charity, they receive a tax deduction for its fair market value and avoid the capital gains tax that accompanies first selling it and then donating cash. Reports show nationwide that as many as 60 percent of millennials keep digital currency in their investment portfolios, testifying to the long-term feasibility of nonprofits counting on this mode of giving. More information on crypto donations and a widget to easily make a gift to the Boys & Girls Clubs of Martin County can be found at www.bgcmartin.org/crypto.
About the Boys & Girls Clubs of Martin County
For more than 30 years, Boys & Girls Clubs of Martin County has provided award-winning programs designed to guide and inspire young people ages 6-18 to learn, grow and mature in route to becoming successful adults. Each of the four clubs enjoys strong partnerships with local schools and communities. Such cohesion ensures that Boys & Girls Clubs’ programs complement and enrich the curriculum our members learn in class as well as remain attuned to the challenges and opportunities they face on a day-to-day basis. The clubs offer opportunities for fun, fitness, and S.T.E.A.M. activities, and certified teachers collaborate with club members on everything from tutoring and homework help to specialized courses that prepare them for careers in a variety of trades.