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

LINDSBORG, Kan.— The Smoky Valley Community Foundation is now accepting applications for spring grants. Online applications open March 1 and are due Saturday, May 1, 2021. This year, over $12,000 is available for charitable community improvement projects within the Smoky Valley area, which covers northern McPherson County and southern Saline County. Grants will be awarded from the following funds: • Smoky Valley Community Enhancement Fund – available for projects that address the present and future needs of the community.• Kansas Health Foundation Fund for Smoky Valley – available for projects that promote and encourage healthy lifestyles. Grants will be awarded through a competitive[...]

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[...]