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 scholarships available

  The Smoky Valley Community Foundation is now accepting scholarship applications for the 2019-2020 school year. This year, over $57,500 is available to students in the Smoky Valley area through the foundation’s eight scholarship funds. Brandon Rogers Technology Scholarship, for graduating Smoky Valley High School seniors planning to major in the field of technology. Dr. Charles Englund Memorial Scholarship, for Bethany College juniors or seniors majoring in a medical or pre-medical field. Clyde and Glenn Lindstrom Scholarship, for graduating Smoky Valley High School or Smoky Valley Virtual Charter seniors pursuing education in a vocational field. Dorothy J. Ziegler Music and Art[...]

Community foundation announces fall grant recipients

The Smoky Valley Community Foundation awarded over $23,000 to 12 area organizations during its fall grant cycle. Projects were funded through the Heritage Fund, Smoky Valley Community Enhancement Fund, Kansas Health Foundation Fund for Smoky Valley and Smoky Valley Healthy Living Fund. The following organizations received funding: Svensk Hyllningsfest, Inc., $3,000 to support marching bands participating in the 2019 Svensk Hyllningsfest Parade. Lindsborg Community Hospital, $3,000 to purchase women’s health equipment and software for the physical therapy department. City of Marquette, $2,966 to purchase needed items to provide a safe and functional space for a variety of community arts and crafts[...]