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

 

Recent News

RCACF awards $54,500 in grants to support Russell County Area

RCACF awards $54,500 in grants to support Russell County Area  The Russell County Area Community Foundation (RCACF) is pleased to award $54,500 in grants to organizations that benefit the Russell County area, including support for education, first responders, the arts and senior citizens. Funding comes from the Kansas Health Foundation Children's Fund and the Dane G. Hansen Foundation.  Black Gold Pheasants Forever, Russell High School Trap Team, $400 Developmental Services Northwest Kansas, Pioneer Development Center Kid-Link, $1,500 Lovegrass Music Festival, 4th Annual Music Festival, $1,500 Lucas Arts & Humanities Council, 25-year Retrospective of Outsider Art, $1,000 Luray Fire Department, SCBA Masks, $2,300 Luray Senior Center, Ramps and Stairs to Senior Center, $2,700 Russell Arts Council, Free Family Movies at Dream Theater, $1,000 Russell Arts Council, Ad Astra Music Festival Opera Preview,[...]

Community Foundation Match Month Campaign

I Love Russell County, Community Foundation Match Month Campaign The Russell County Area Community Foundation (RCACF) exists to preserve our rural way of life. In February, we have the bold goal to raise $50,000 as part of the I Love Russell County Campaign to strengthen the Fund for a Better Russell County Area, a permanent endowment that awards grants for parks, recreation, schools, the arts, public health, economic development and more. Here are some ways grants from the Fund for a Better Russell County Area help our local communities:    Promote Post Rock Country as a major tourism destination through the work of the newly formed Post Rock Coalition in[...]