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

Clean-up Grant Deadline is March 1

The deadline to apply for Dane G. Hansen Community Clean-Up Grants is quickly approaching! Applications are due March 1, 2018. Clean-up grants are designed to assist with community beautification efforts, to eliminate the financial barrier to clean-up projects such as land fill fees and equipment rental, and to promote community pride and encourage volunteerism. Grants can be used for equipment rental, dumpster rental, landfill fees, paint or other consumable supplies, and for support of volunteers. Grants are not intended for the removal of unsafe structures or landscaping projects. Here are some simple, creative ideas that qualify for clean-up grants: Purchase of dumpsters to[...]

RCACF's Quarterly Dashboard is now available

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