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 fall grants. Online applications are due October 15, 2020. Last fall, the Smoky Valley Community Foundation awarded USD 400 funds to matte, frame and clean the three prints so that they could be displayed in the middle school library. The Smoky Valley Middle School Library is home to three historic Birger Sandzen prints. With art taking a bigger role in the library's atmosphere, it is important that these prints are preserved to keep on display for students to appreciate. "The timing of the cleaning, matting, and framing was right on, as the framer mentioned[...]

Free virtual grant writing workshop hosted by the Smoky Valley Community Foundation

Free virtual grant writing workshop hosted by the Smoky Valley Community Foundation LINDSBORG, Kan.— The Smoky Valley Community Foundation, will host a free virtual grant writing workshop, Wednesday, September 16 from 6:30 to 8:00p.m. Designed for nonprofits and others who apply for grants, this workshop will provide practical tips for writing stronger grant applications to help secure funding for a variety of community projects. Presented virtually via Zoom, by Katy Kitchen, director of regional affiliates, and Jessica Fuller, grants and scholarships coordinator, at Greater Salina Community Foundation. This session requires registration by September 16. Register online at: https://conta.cc/2DHgZoV. Following registration, you will be emailed the information to participate in this[...]