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 accepting grant applications

Smoky Valley Community Foundation accepting grant applications LINDSBORG, Kan.— The Smoky Valley Community Foundation is now accepting applications for spring grants. Online applications are due Wednesday, April 1, 2020. Last spring, a grant from the community foundation supported Sprout House and their second year hosting a summer garden program. This program included both the younger and elementary kids’ classes. The students were able to water and weed the produce from the start, all the way to time to pick. "The hard work of watering, weeding, and picking paid off in a healthy summer garden of produce," said grantee Kelley Menke. "It was a[...]

Socially Responsible Investing Options

Socially Responsible Investing OptionsToday, more and more people are choosing to invest based on personal values that consider both financial return and social impact. This is known as socially responsible investing (SRI). The community foundation is pleased to offer SRI options for your fund! A quick summary of socially responsible investing (SRI)In general, socially responsible investors encourage corporate practices that promote environmental stewardship, consumer protection, human rights, and diversity. Some avoid businesses involved in alcohol, tobacco, fast food, gambling, pornography, weapons, contraception/abortion, fossil fuel production or the military. These are often summarized into three areas: environment, social justice, and corporate governance. What[...]