financial summary

The REACH Foundation’s assets totaled $135 million at year-end 2022, with an annual investment return of -13.5% for the foundation’s portfolio.

The investment performance losses in 2022 were notable – but consistent with investment outcomes in the larger economy. Since REACH’s inception, the investment return for the foundation was +5.8% through December 31, 2022.

Since the first year of grantmaking in 2005, REACH has invested nearly $82 million in direct grants, technical assistance and convening to advance the foundation’s mission within the six-county service area. Beyond these direct investments, REACH has allocated an additional $16 million in indirect investments via personnel and miscellaneous support. Together, these direct and indirect mission-related investments represented nearly 90% of the foundation’s total spending since 2005.

The 2022 year marked the culmination of strategic planning and development of a new investment framework to guide grantmaking and other community investment priorities for the next five years.

2022 Expenses

outcome, discretionary, & other grants


in mission-related investment

Financial Position

December 31, 2022 and 2021

Activities and Changes in Net Assets

Years ended December 31, 2022 and 2021
REACH activites and changes in net assets

The financial statements in this publication are unaudited. The full audited financial statements and auditor’s opinion prepared by FORVIS will be available on the foundation’s website upon completion.

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