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

Community foundation awards scholarships

The Smoky Valley Community Foundation has awarded over $34,000 in scholarships to area students for the upcoming academic year. The Brandon Rogers Technology Scholarship is for a senior graduating from Smoky Valley High School majoring in the field of technology. Joshua Peterson, Lindsborg, received a $1,000 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 $5,000 scholarship: Ethan Oestmann, Lindsborg, Lane Schrag, Lindsborg, and Kaj Sjogren, Lindsborg. The Dorothy J. Ziegler Music and Art Scholarship[...]

Smoky Valley Community Foundation announces spring grant recipients

The Smoky Valley Community Foundation awarded over $13,000 to nine charitable projects in the area during its spring grant cycle. Projects were funded through the Smoky Valley Community Enhancement Fund and Kansas Health Foundation Fund for Smoky Valley. The following organizations received funding: Messiah Evangelical Lutheran Church, $3,000 to purchase supplies for the KICK (Kids in Christ's Kingdom) afterschool program. Broadway RFD, $3,000 for a sound system upgrade. Bethany College, $2,300 for equipment and choreography for group fitness classes, which will be offered to the community free of charge. Lindsborg Arts Council, $1,200 to support the Lindsborg Landmark Concert Series. Smoky Hill Cemetery, $1,163 to[...]