2024 Annual Report
A PATH TO PROGRESS
In 2024, across our portfolios, we saw proof that long-term vision and alignment around shared values can make a meaningful difference in people’s lives. From housing stability to education to supporting work that strengthens our democracy, we remain committed to the belief that investing in young people is critical to our shared future.
Here are a few highlights from our work in 2024.
Education
In ballot measures, polls, and school board meetings across the country, parents and students voiced their support for a public education system that works for all young people.
$388 M
in funding that we’ve helped catalyze since 2016 has supported reimagining and redesigning public education to support all students.
Housing Stability for Youth
In Washington State, we’ve seen a decrease in the number of young people without stable housing and an increase in their graduation rates.
$1.5 B
in federal and state funding has been directed toward youth homelessness prevention and crisis response as a result of key partnerships we’ve helped build.
Resourcing Equity & Democracy
In 2024, we hosted powerful learning events that energized our work and revealed the power of long-term strategic alignment among national, state and local partners.
$2 M
in targeted investments from our Resourcing Equity & Democracy portfolio helped support nonpartisan civic engagement, voter education, and election protection work leading up to the 2024 election.
Impact-Driven Philanthropy
We continued our efforts to build a strong, collaborative ecosystem of donor support with the goal of moving resources more quickly and with greater impact. This includes convening, spreading and sharing knowledge, innovating, and collaborating.
2/3 of wealth controlled by women
We’re supporting efforts to build and strengthen alignment among women’s philanthropy networks, as women are expected to control much of the wealth in America by 2030.
– Jeff and Tricia Raikes
Co-founders of the Raikes Foundation