New Program Makes Giving Like A Mutual Fund
Charity Navigator, the evaluator of nonprofits, is launching the Beneficiary Voices Fund, a curated list of nonprofits that prioritize beneficiaries’ feedback and input, receiving praise from the people they serve. Donors can invest in this fund to support organizations using beneficiary input.
The Beneficiary Voices Fund joins seven other Causeway funds, each focused on critical causes and managed by Charity Navigator’s analysts to maximize donor impact. Similar to mutual funds, Causeway funds are curated lists of top-rated, highly effective charities. A key difference is that the money raised goes directly to the charities.
The goal of Causeway was to provide an alternative to individual charities and possibly simplify choice by leveraging an ETF/Mutual Fund-like approach. Donors are able to give, one time or recurring to these Causeways, get quarterly impact reports on how their donations were making a difference. Most issues are fairly straightforward and the list of organizations in each are highly rated by Charity Navigator and addressing the issue from slightly different angles, explained Michael Thatcher, president and CEO of Charity Navigator.
The Beneficiary Voices fund is a little different in that it focuses on a broader set of issues, though are united through the fact that each entity is not only highly rated by Charity Navigator but also through their own beneficiary feedback, he said. Each organization within the Beneficiary Voices Fund addresses critical needs, from nutrition and financial counseling to addiction recovery and supportive housing, ensuring that recipients receive comprehensive support for overcoming challenges.
“Donors today want to see the real impact of their contributions, and Charity Navigator is empowering them to do just that,” said Thatcher. “The Beneficiary Voices Fund is about more than just giving. It’s about transforming communities by investing in organizations that listen, learn, and adapt to the needs of those they serve.”
The program was developed with the Stand Together Foundation and Listen 4 Good. Starting in early 2025, the Beneficiary Voices Fund will provide supporters with quarterly updates, offering transparent insights into how their contributions shape nonprofits’ ability to adopt and expand beneficiary-driven practices.
To learn more go to www.CharityNavigator.org/BeneficiaryVoicesFund
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