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

Donate to the A Jay Steinberg scholarship fund, honor musical legacy!

Donate to the A Jay Steinberg scholarship fund, honor musical legacy! LINDSBORG, Kan.—The Smoky Valley Community Foundation is now accepting scholarship donations for the A Jay Steinberg Scholarship Fund. Contributions are needed so scholarships can be awarded in the future. The scholarships will financially help students graduating from Smoky Valley High School who are pursuing a college music career in Kansas. Help us continue the strength of the Smoky Valley arts and honor Jay’s contribution and dedication to teaching the Smoky Valley community youth. Visit www.smokyvalleycf.org to donate to the A Jay Steinberg scholarship fund online or mail your donation to: Smoky Valley[...]

Smoky Valley Community Foundation announces fall grant recipients

Smoky Valley Community Foundation announces fall grant recipients LINDSBORG, Kan.— During its fall grant cycle, the Smoky Valley Community Foundation awarded over $16,000 to eight projects throughout the Smoky Valley area. The following organizations received funding: Svensk Hyllningsfest, Inc., $3,000 to support travel expenses for area marching bandsAmerican Legion Emil Pinkall Post 140, $2,865 to repair old transport trailer and purchase 100 steel flag poles.The Associated Churches of Lindsborg, $2,855 for the installation and rental of a storage POD and to purchase a commercial dryer.Midsummer's Festival, $2,200 to cover expenses for the Midsummer's Festival Scavenger Hunt in downtown and Kids' World activities in Riverside Park.Steps to End Poverty of McPherson County, $2,074 to support[...]