Quarter 4 Update

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.

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