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

3/31/17 RCACF Dashboard

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

2016 GSCF Annual Report
2013 Form 990

 

Recent News

RCACF Awards $16,600 in Grants to USD 407

Published on Tuesday, 16 May 2017 09:24 Written by Press Release, Posted by David Elliott The Russell County Area Community Foundation recently awarded $16,600 in grants to USD 407. "The Russell County Area Community Foundation is a nonprofit organization that exists solely to make our area a great place to live," said Angie Muller, Executive Director of the Foundation. "We do that by awarding grants in our communities in a way that preserves our rural way of life, so generations can call Russell County home. The Foundation is pleased to partner with USD 407 to provide students and teachers grants that support a[...]

RCACF Quarterly Statement Flier & Dashboard are now available

Russell County Area Community Foundation's Quarterly Statement Flier & Dashboard are now available online! 3/31/17 RCACF Dashboard 4/1/17 Statement Flier RCACF[...]