2023 Annual Report
Together, we can achieve lasting change
2023 was a big year for the Raikes Foundation. From education to housing stability, we saw promising evidence that our focus on collaboration and system-level change is making a difference. And, we launched our new Resourcing Equity & Democracy grant portfolio, which builds on our more than 20-year history of working toward a fair, just society where all young people have the opportunity to reach their full potential.
Here are just a few of the highlights of our work in 2023.
Highlights
$322M
in catalyzed funding toward building an equitable education system since 2016.
40%reduction
in the number of unaccompanied youth and young adults experiencing homelessness in Washington State from 2016–2022.
86%of grant dollars
The majority of our Impact-Driven Philanthropy grant funding went to organizations led by people of color.
Recognition of our work in 2023
- Received the 2023 “Changing Course” Impact Award from the National Committee for Responsive Philanthropy
- Named Education Funder of the Year by Inside Philanthropy
- Tricia Raikes named one of the 50 Most Powerful Women in Philanthropy by Inside Philanthropy
Introducing
Resourcing Equity & Democracy
Our newest portfolio is designed to support grant partners working to build a thriving, multiracial democracy. In 2023, we launched the new portfolio by listening and learning from other funders and field partners working to strengthen our democracy.