Hispanic male with denim jacket and glasses holds young child on his shoulders while the infant plays with dad's curly hair.

2023 Annual Results Report

Welcome

In 2023, we saw a greater sense of optimism and hope as the pandemic that disrupted our lives and harmed countless families entered a new phase. Normality began to return. Even more promising, the significant public investments made during the crisis bolstered families, lifting some 5.2 million children out of poverty before lapsing. This was proof that investing in families could make life better for children.

It was an exciting year for the Casey Foundation too, as we celebrated several remarkable milestones. First, we entered our 75th year of service to children, youth and families. In addition, two of our signature programs — the Juvenile Detention Alternatives Initiative and the Children and Family Fellowship — marked 30 years of transformative leadership.

Throughout the year, we continued to sharpen our focus, better aligning our work for younger children and families with our investments for older youth and young adults — which we call Thrive by 25. In doing so, we identified five key areas that we believe are critical for young people to thrive, from birth through young adulthood: basic needs; permanent relationships; financial stability; early care, education and credentials; and community and youth leadership. We believe these core areas are deeply intertwined and that working to simultaneously improve outcomes in all of them is critical to the future for all children and youth.

This report captures some of the results we achieved in 2023 across these five areas. I hope it gives you a better sense of the Foundation’s mission, priorities and approach, as well as the ways we track our progress.

During the year, we highlighted two important issues that merit greater attention and innovation by leaders, policymakers and practitioners:

We look forward to partnering with others across sectors to reverse these trends.

Our goal is to change the odds so that all kids can succeed, not just help a select few beat them. This is difficult work, and it often takes years — sometimes decades — to fully take hold given competing priorities, financial disincentives and implementation challenges. But we see the impact our work can have, and we know our progress, however incremental, has the power to change lives.

We won’t give up. Together, we will keep working to create a brighter future for all of America’s children, youth, families and communities.

Lisa M. Hamilton


President & CEO Lisa Hamilton discusses the Casey Foundation's work

What Guides Us

Across its investments, the Casey Foundation holds a set of collective operating principles and priorities. These approaches are the foundation of our organizational culture and define how we partner with others.

Embracing Data

Data provide insights that enable better decision-making across all levels of the organization. The Foundation invests in public data collection and promotes the use of disaggregated data to help tackle inequities and raise the bar for all children.

Holding a Long-Term Vision

The Foundation focuses on complex issues created by deeply rooted inequities. We know that addressing them can take time, and we must keep the long view in mind.

Prioritizing Innovation

Casey uses its resources to advance research, innovative solutions and system reforms that help kids, young people, families and communities thrive. Not every innovation works, but we must try to holistically change the odds for entire groups of young people.

Advancing Equity and Inclusion

Casey is dedicated to improving the well-being of all children in the United States while closing the gaps for children and youth of color and connecting all to opportunity on the road to adulthood. We know that disparate outcomes will not be eliminated without intentional focus.

Bringing People Together

To achieve our desired results, Casey must influence a diverse set of allies across places, political lines and sectors to invest in the most effective strategies.

Focusing on Scale

The Foundation focuses on bringing the best ideas to scale to effect as many children and families as possible.

Our Investments

The Casey Foundation invests in innovation in five key areas critical for children and young people to thrive: basic needs; permanent relationships; financial stability; early care, education and credentials; and community and youth leadership.

While we know that other issues are also important to child and family well-being, these investment areas align with the Foundation’s long-held expertise in child welfare, juvenile justice and economic opportunity and have the most potential to spark change.

In 2023, the Foundation partnered with nearly 900 organizations, investing more than $98.5 million to find solutions to our nation’s most persistent social issues. We invested in programs and services, advanced research and piloted new solutions and system reforms to help children and their families overcome barriers to success. Our ideas were strengthened by doing work in and with communities through local partnerships that helped demonstrate what works. We then used our investments in evaluation, leadership development, partnerships, communications and policy advocacy to try to influence others to invest in the most effective strategies based on solid evidence. Ultimately, we hope to take the best ideas to scale, helping them reach as many children and families as possible.

While the following results are not exhaustive, they provide a snapshot of our collective progress and future promise.

Adult man traveling by bus with his teenage son. Male passengers are commuting by public transport.

Basic Needs

Through program, policy and practice change, Casey helps children, young people and families meet their basic needs, including housing, food, safety, physical and mental health, transportation and child care.

In 2023:

Permanent Relationships

Casey invests in ensuring children, youth and young adults — especially those involved in the child welfare and juvenile justice systems who have been disconnected from opportunity — have strong, permanent connections with caring family members and other supportive relationships with adults in their community. This work often means funding innovations and demonstrating better practices to improve how child welfare and juvenile justice systems operate and to prevent young people from being involved in those systems in the first place.

In 2023:

American Indian mother and daughter relaxing in hammock on porch.

Financial Stability

The Foundation aims to give parents and young people access to traditional employment or entrepreneurship and customized financial tools that enable them to achieve financial stability and well-being. This work involves shifting public policies and workforce development systems to better meet the needs of youth and families who face barriers to financial stability.

In 2023:

A teacher instructs his class of young adults in an engineering workshop. They are all wearing protective eyewear and blue coveralls.

Early Care, Education and Credentials

Casey invests to make sure children, youth and young adults meet developmental milestones, graduate from high school and obtain postsecondary credentials that will position them for economic success.To achieve this, we promote approaches and policies that help more children and youth prepare for school and work.

In 2023:

Community and Youth Leadership

The Foundation supports community members and young people to advocate for themselves, promote policies that will help them succeed and play leadership roles in making their communities stronger and safer.

In 2023:

Expanding Knowledge to Improve Child Well-Being

We fund an array of activities to help the Foundation and its partners better understand the problems affecting children, youth and families; build proof of effective interventions; and test new technologies to promote implementation and scale.

In 2023:

Cover image from the 2023 KIDS COUNT Data Book
Publication
|
June 14, 2023
The 2023 KIDS COUNT Data Book lifted up the nation’s child care crisis, which limits families’ access to affordable, quality child care and hinders full employment for parents. In addition, the publication featured its unique ranking of states on child well-being and highlighted indicators shared in the KIDS COUNT Data Center.
Cover image from Fostering Youth Transitions
Report
|
May 8, 2023
The Foundation’s “Fostering Youth Transitions” brief examined how well teenagers and young adults in foster care are prepared for adulthood. The publication includes data from all 50 states, the District of Columbia and Puerto Rico.
Image of youth who lack housing
Report
|
March 8, 2023
Casey released data on youth homelessness and a set of prevention recommendations in a new report.

Financial Information

The Foundation’s grantmaking and operations are funded by an endowment established by its founder. The board determines the annual budget in December of the prior year based on a formula designed to ensure we have resources sufficient to sustain our work in the future. The value of our assets fluctuate during the year based on the performance of our investments which means our spending rate is not predictable and will vary annually. A listing of the Foundations’ grants are available and updated quarterly on Candid.

This chart shows how much money the Annie E. Casey Foundation has given since 2014 and what percentage it represents from its endowment.
This chart shows how the Annie E. Casey Foundation's endowment has changed since 2014.

Tracking Our Progress

By working with our grantees and partners, Casey hopes to make sure all children and youth have a bright future. We have identified 18 population-level indicators to track progress toward this goal and benchmark how young people and families are doing at the national level. While the Foundation’s KIDS COUNT index is used to measure overall child well-being, these indicators — aligned with each of the five investment areas — track the needs and disparities that our investments target.

As data become available following the pandemic, it’s clear that the country is making progress in some areas but that more work is needed to ensure all children have what they need to thrive.

Here's how each indicator is trending following the pandemic (between 2019 and 2022, unless stated otherwise):

Basic Needs

Permanent Relationships

Financial Stability

Early Care, Education and Credentials

Community and Youth Leadership

Data on most indicators are available in the KIDS COUNT Data Center.