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

Jun
11
Mon
6:00 pm SPARC Grant Information Workshop @ Masonic Hall
SPARC Grant Information Workshop @ Masonic Hall
Jun 11 @ 6:00 pm – 8:00 pm
SPARC Grant Information Workshop @ Masonic Hall
Nonprofit organizations, government entities and others interested in applying for the new SPARC grant are invited to attend an information workshop on Monday, June 11, 6:00 pm at the Masonic Hall in Russell. Participants will[...]

Recent News

RCACF launches SPARC grant program

  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 to address current and future community needs[...]

RCACF grants $28,711 to USD 407

The Russell County Area Community Foundation (RCACF) recently awarded $28,711 in grants to USD 407. "RCACF is pleased to partner with USD 407 to provide students and teachers grants that support a terrific learning environment," said Angie Muller, executive director. The school district will receive $18,000 to support the Small World Initiative, a research-based program from Yale University that helps students study microbiology, learn cutting-edge STEM applications, and increase their achievement at Russell High School. Russell High School was also awarded $6,820 to purchase equipment for Bronco Media so students can expand original content and events coverage to include sports, musicals, board meetings,[...]