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.

Download our full 2023 annual report to learn more.


  • $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


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.

Despite the headwinds against fairness, the resilience and collective action of our community partners and allies reinforce our optimism that a more equitable country is possible.

Jeff and Tricia Raikes

Co-founders of the Raikes Foundation