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Youth Development Foundations named in Forbes top charitable foundations

December 10th 2015 launched the Chinese version of Forbes' list of top charitable foundations for 2015. There were 25 foundations on the list, among them, 19 public and six private foundations.
 
6 youth development foundations were among the 25 top charitable foundations, whilst China Youth Development Foundation ranked fourth. This is an excellent accolade for the charities given the numerous criteria applied in the assessment and ranking process.
 
Forbes noted its continuing focus on the charitable foundations transparency. Their investigations included disclosure practices in all mediums and considered amongst other things; beneficiaries, the application process, project development, project summaries and other information.
 
The charities were raked according to the following criterion:
Disclosure of Fund-raising practices- out of 20,
Financial information- out of 8,
Disclosure mechanisms/channels/frequencies- out of 18,
Basic information disclosure- out of 14,
Project execution information disclosure- out of 30,
Routine matters disclosed- out of 10.
 
Ultimately each charity was provided a total score out of 100 and ranked accordingly.
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