The Arizona Bioindustry Association(AZBio) has earned a 2021 Platinum Seal of Transparency, the highest level of recognition offered by GuideStar, the world’s largest source of nonprofit information.
“In accordance with our long-held belief in being transparent about our work,” said AZBio President & CEO Joan Koerber-Walker, “we are excited to convey our organization’s results in a user-friendly and highly visual manner. By updating our GuideStar Nonprofit Profile to earn a Platinum Seal, we can now easily share a wealth of up-to-date organizational metrics with our supporters as well as GuideStar’s immense online audience, which includes donors, grant makers, our peers, and the media.”
To reach the Platinum level, AZBio added extensive information to its GuideStar Nonprofit Profile: basic contact and organizational information; in-depth financial information; qualitative information about goals, strategies, and capabilities; and quantitative information about results and progress toward its mission. By taking the time to provide this information, AZBio has demonstrated its commitment to transparency and to giving donors and funders meaningful data to evaluate nonprofit performance.
AZBio’s metrics focus on the documented results that Arizona’s Bioindustry is generating in the creation of firms and jobs along with venture investment as a measure of growth potential. It also shows our quintile ranking nationally as compared to other states.
AZBio has also highlighted some of the programs designed to increase our industry’s growth potential specifically in the areas of:
- Improving the availability of early stage capital,
- Increasing the awareness of the value our industry delivers
- Providing opportunities for students that support our future talent pipeline.
“I encourage you to visit our Nonprofit Profile on GuideStar to learn more,” added Koerber-Walker. “We’re thrilled that our Platinum Seal of Transparency and the associated benefits help us better communicate our organization’s exciting initiatives at a global scale.”
At Arizona Bioindustry Association (AZBio) our vision is that Arizona will grow to be a top-ten life science state and our mission is to support the needs of Arizona’s growing Life Science Ecosystem.
AZBio is the only statewide organization exclusively focused on Arizona’s bioscience industry. AZBio membership includes patient advocacy organizations, life science innovators, educators, healthcare partners and leading business organizations. AZBio is the statewide affiliate of the Biotechnology Innovation Organization (BIO) and works in partnership with AdvaMed, MDMA, and PhRMA to advance innovation and to ensure that the value delivered from life-changing and life-saving innovation benefits people in Arizona and around the world.
For more information visit www.AZBio.org.
For more information, please contact AZBio.