Foundation Finance

The Foundation’s mission is to meet charitable community needs through leadership, grants and services. One way we achieve our mission is to facilitate prudent management and care of our funds.

The Foundation believes the  best long-term performance will be achieved through a balanced portfolio  consisting of 75% equities and 25% fixed income and cash.  As an affiliate of the Greater Salina  Community Foundation (GSCF), the funds at the Russell County Area Community Foundation  are pooled together with all the funds held by GSCF and their affiliates.  The funds are invested with Vanguard and  governed by a local Finance Committee at GSCF.

We are confident in our performance and rate well when compared to other investment pools. See our GSCF Investment Portfolio to see where we rank among other comparative indices.

Additional Resources

GSCF Statement of Investment Policy

2017 SVCF Annual Report
2016 SVCF Annual Report

2015 SVCF Annual Report
2014 SVCF Annual Report

2016 GSCF Annual Report
2013 Form 990

 

Recent News

Scholarship recipients announced

The Smoky Valley Community Foundation has awarded over $52,000 in scholarships to area students for the upcoming academic year. The Brandon Rogers Technology Scholarship is for a senior graduating from Smokey Valley High School majoring in the field of technology. Tyler O'Dell, Lindsborg, received a $2,000 scholarship. The Clyde And Glenn Lindstrom Scholarship is for seniors graduating from Smoky Valley High School or Smoky Valley Virtual Charter who are pursuing a post-secondary education in a vocational field. The following students each received a $3,000 scholarship: Kyle Anderson, Lindsborg; Rilee Carson, Lindsborg; Autumn Frickey, Lindsborg; Noah Hanson, Lindsborg; Jordan Howard, Gypsum;[...]

Community foundation awards spring grants

The Smoky Valley Community Foundation awarded $9,540 during its spring grant cycle. Projects were funded through the Smoky Valley Healthy Living Fund and Smoky Valley Community Enhancement Fund. The following organizations received funding: Lindsborg at Work Association, $1,748, to cover the insurance cost that it will incur from sponsorship of several community events. Midsummer's Festival, $1,500, for the annual Midsummer's Festival in Lindsborg. McPherson County Community Foundation, dba Circles of McPherson County, $1,500, to launch a new youth curriculum in Lindsborg, aimed at surrounding kids with caring and trained adults. Saline RWD #1, $1,342, to support the installation of a storm/emergency[...]