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 RCACF Annual Report
2016 RCACF Annual Report
2015 RCACF Annual Report
2014 RCACF Annual Report

2016 GSCF Annual Report
2013 Form 990

 

Upcoming Events

Aug
1
Wed
1:00 pm SPARC Collaboration Workshop @ Masonic Hall
SPARC Collaboration Workshop @ Masonic Hall
Aug 1 @ 1:00 pm – 3:00 pm
SPARC Collaboration Workshop @ Masonic Hall
  This workshop is for all who are interested in applying for a SPARC grant. It will feature Patty Clark, an expert on helping you further develop your project, see its strategic impact, and find collaborative[...]

Recent News

SPARC Collaboration Workshop is August 1

  Nonprofit organizations, government entities and others interested in applying for the new SPARC grant are invited to attend a Collaboration Workshop on August 1, from 9 am until noon at the Masonic Hall, 115 E. Wisconsin, Russell. The theme is "Go Slow to Go Fast" and will be led by Patty Clark, an expert on rural communities and policy. SPARC - The Strategic Partnership for the Advancement of Russell County - is the Russell County Area Community Foundation's (RCACF) largest grant program to date, awarding $75,000 to $175,000 over a multi-year period toward a project that promotes significant economic development, community[...]

RCACF launches SPARC grant program

  CLICK HERE FOR HELPFUL TOOLS AND APPLICATION RESOURCES! The Russell County Area Community Foundation (RCACF) is pleased to announce the availability of a new grant program called SPARC - The Strategic Partnership for the Advancement of Russell County. This is RCACF's largest grant program to date, awarding $75,000 to $175,000 over a multi-year period toward a project that promotes significant economic development, community collaboration, and has long-term, measured impact. The new program is funded by the generosity of the Russell County Area Community Foundation for the broad benefit of Russell County. RCACF was established in 2001 to create a permanent source of philanthropy[...]