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

SVCF's Quarterly Dashboard is now available

SVCF’s Quarterly Dashboard is now available online! 12/31/17 SVCF Dashboard[...]

Community foundation announces spring grant cycle

The Smoky Valley Community Foundation is accepting spring grant applications from February 1 to April 1, 2018. Grants will be awarded from the Heritage Fund, Smoky Valley Healthy Living Fund and Smoky Valley Community Enhancement Fund. Over $12,000 in funding is available for charitable projects that strengthen and preserve the region’s heritage, encourage healthy lifestyles and environments, and address the present and future needs of the Smoky Valley area. Nonprofit organizations, government and public entities, educational institutions and churches are encouraged to apply. Grants are limited to northern McPherson County and southern Saline County. Grants will be awarded through a competitive application process.[...]