Investment results for the December quarter have now been posted to the website.
Quarter 4 results were much improved compared to earlier in the year, but insufficient to overcome prior losses. For the quarter, the Foundation had investment gains of $6.5 million or 6.3%. For the year, losses totaled $20.3 million or -15.4%.
Investment markets in 2022–both stocks and bonds–were the most difficult in decades. The Foundation’s results were the worst since the financial crisis of 2008.
Assets at year-end totaled $110.4 million comprised of 271 accounts.