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

7/1/17 RCACF Dashboard

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

2016 GSCF Annual Report
2013 Form 990

 

Recent News

Apply Now for Fall Grants

RUSSELL, Kan.—The Russell County Area Community Foundation is accepting applications for fall grants until October 15. Approximately $94,400 total in grants are available to area nonprofit organizations, municipalities, schools and other qualified charitable recipients that support the Russell County area. Please apply at www.rcacf.net. The Foundation will grant approximately $34,000 from the Fund for a Better Russell County Area. Funding for these grants comes from the generosity of donors who contribute to the Foundation's unrestricted grant fund which allows the board of directors to respond to emerging needs and problems. Examples of past grants include community park development, the arts, recreation, education and[...]

Let's Make Russell County Great is Sept 7

Please join us for a public meeting on Thursday, Sept 7, 6:30 pm at Fossil Creek Hotel, Russell to brainstorm ways to make Russell County an even greater place to live. This is the second in a series of meetings hosted by the Dane G. Hansen Foundation, Russell County Area Community Foundation (RCACF) and Russell County Economic Development and CVB. "The purpose of the meeting is to promote strategic-doing, a process that brings civic leaders together to prioritize and collaborate on areas that could transform Russell County, such as investment in parks, the arts, downtown revitalization, rural housing, entrepreneurship, tourism, and economic[...]