2019 Investment Summary

The REACH Foundation’s assets totaled $136 million at year end 2019, with an annual investment return of +15.5% for the foundation’s portfolio. Investment performance was strong in 2019 and helped recover some of the portfolio losses experienced in the prior year. Since inception, the investment return for the foundation was +5.9% through December 31, 2019.

With four years into the foundation’s strategic plan, REACH has clearly committed to the outcome areas identified as priorities. During this period, the foundation has invested nearly $19 million in the outcome areas, with $10 million of this total supporting the regional safety net infrastructure. Maintaining these health and mental health resources for the underserved in our service area has been a pillar of REACH’s mission since the beginning.

Little did anyone know in 2019 how deeply 2020’s COVID-19 pandemic would test and stretch our safety net system. The foundation’s balanced investment approach and longstanding relationships with health and mental health care providers positioned REACH to respond to the health challenges that emerged in 2020.

grants awarded in 2019 to organizations that work within our three outcome areas
million invested in grants and programs

Grants & Expenses

In 2019, 73 percent of the foundation’s total expenses were invested directly in the three outcome areas, grants and policy efforts. The remainder of expenditures reflect indirect investment in the mission via staff time and related operating expenses.
REACH Healthcare Foundation 2016-2019 total outcome investments

Financial Statements

REACH’s balanced investment management approach enabled the foundation to maintain consistent support to the community in 2019.

financial position

Years Ended December 31, 2019 & 2018

REACH 2019 Financial position

activities & changes in net assets

Years Ended December 31, 2019 & 2018

REACH 2019 activities and changes in net assets

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