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

2019 Year-End Giving Information

Year-End Giving Information Your gift by checkDate your check on or before December 31, 2019, and mail via U.S. Postal Service with a postmark on or before December 31st. Gifts made by check that are mailed through the U.S. Postal service with a postmark and check date before December 31, 2019 will be counted for 2019 regardless of when they arrive at the Foundation. The address for mailing, shipping, or hand-delivery of your check: Greater Salina Community Foundation119 W Iron, 8th FloorPO Box 2876Salina, KS 67402-2876 Your gift of securities (stocks, bonds, mutual funds) Contact your broker early to determine the processing time necessary to complete[...]

Smoky Valley Community Foundation announces fall grant recipients

LINDSBORG, Kan.— During its fall grant cycle, the Smoky Valley Community Foundation awarded over $18,000 to 14 projects throughout the Smoky Valley area. The following organizations received funding: • Lindsborg Community Library, $3,000 for technology items and updated computer desk stations. • Bethany College, $3,000 to upgrade the lightning detector unit.• Bethany Lutheran Church, $2,500 to provide an Applied Suicide Intervention Skills and Training (ASIST) class.• Bethany Lutheran Church, $2,400 to host an adult and youth mental health first aid class.• Midsummer's Festival, $1,270 for childerens activitites at the Midsummer’s Festival 2020.• Steps to End Poverty of McPherson County, $1,000 to[...]