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

Smoky Valley Community Foundation announces spring grant recipients

Smoky Valley Community Foundation announces spring grant recipients LINDSBORG, Kan.— During its spring grant cycle, the Smoky Valley Community Foundation awarded over $11,000 to six projects throughout the Smoky Valley area. The following organizations received funding: Messiah Evangelical Lutheran Church - KICK, $3,000 to fund supplies for the children’s program.Broadway RFD, $3,000 to upgrade the electrical on the Swenson Memorial Band Shell.Marquette Learning Center, Inc., $2,925 to purchase two AED machines for the center.Midsummer's Festival, $1,312 to purchase Kubb Tournament sets for the festival.Messiah Evangelical Lutheran Church, $1,270 to support the Dala Pantry, a community food bank for Lindsborg.Lindsborg At Work Association, $750 to support the annual Lindsborg Street Dance. This round of grants was made[...]

Smoky Valley Community Foundation Community Support through COVID-19

Smoky Valley Community Foundation Community Support through COVID-19 In collaboration with three local charities, the Smoky Valley Community Foundation is working to support the Smoky Valley community during the COVID-19 crisis. In addition to donating $750 each to the Lindsborg At Work Association, the Messiah Luthern Church Dala Pantry and The Associated Churches of Lindsborg, SVCF is hosting a matching event from May 15 through June 15, 2020. SVCF will match all donations to each of the three Lindsborg charities, up to a total of $750 each. To donate, give directly to the charity of your choice. When giving to one of these organizations, donors should put[...]