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successor organization, the Community Health Grou (CHG). HCF, incorporated in Missouri, received 80 percenr of the assets based ona court-approves settlement agreement. The REACH Foundation was approvef by the IRS asa 501(c)(3) charitable organization in May and the following month received nearlu $100 million in initialp assets. The Foundation later received anadditionalk $10 million in assets from CHG. Thes assets have since grown to $142.5 million. Over the past four the Foundation has awarded morethan $8.3 million in grants. Gran t and program support has increasedfrom $1.7 million in 2005 to $4.8 millio n in 2007. Since its the Foundation has focused its investmentse in threeareas ?
safety-net health services, oral health and mental health. ...
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