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

Apply now for fall grants!

The Smoky Valley Community Foundation is now accepting applications for fall grants. Online applications are due Monday, October 15, 2018. Over $36,000 is available for charitable community improvement projects within the Smoky Valley area, which covers northern McPherson County and southern Saline County. Grants will be awarded from the Smoky Valley Community Enhancement Fund to address the present and future needs of the community; the Smoky Valley Healthy Living Fund to promote and encourage healthy lifestyles; and the Heritage Fund to strengthen and promote the heritage of the Smoky Valley area. Detailed criteria for each fund is available online. Requests up[...]

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;[...]