Financial Summary

The REACH Foundation’s assets totaled $161 million at year end 2021, with an annual investment return of +16.2% for the foundation’s portfolio.

The investment performance gains in 2021 were notable – resulting in the highest year end asset balance in REACH’s history. Since inception, the investment return for the foundation was +6.9% through December 31, 2021.

Over the course of the 2016-2021 strategic plan, REACH invested $29 million in grants supporting the foundation’s three outcome investment areas and other mission-related efforts. REACH also made $7 million in indirect investments toward the mission via personnel, technical assistance and convening support. Together, these direct and indirect mission-related investments represented nearly 90% of the foundation’s total spending during the prior five years.

After accounting for approximately $40 million in spending during the period spanning 2016 to 2021, REACH’s asset balance still increased by $39 million during the six-year period that ended December 31, 2021. This spending and investment approach continues to demonstrate the foundation’s commitment to serving as a reliable partner for grantees and investor in regional health care outcomes for years to come.

Investment performance gains in 2021 were notable – resulting in the highest year-end asset balance in the REACH Foundation’s history.

2021 Expenses

$6.3 million   total

in Program, Direct, and Indirect Support

Financial Position

December 31, 2021 and 2020

Activities and Changes in Net Assets

Years ended December 31, 2021 and 2020
The financial statements in this publication are unaudited. The full audited financial statements and auditor’s opinion prepared by BKD, LLP, will be available on the foundation’s website upon completion.