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

Dec
10
Tue
9:30 am Grant Writing Workshop
Grant Writing Workshop
Dec 10 @ 9:30 am – 3:30 pm
Grant Writing Workshop
Grants are a vital piece in your community’s funding puzzle and you can help. Please join us for a grant writing workshop Tuesday, December 10, 2019 from 9:30 am until 3:30 pm at the Dole-Specter[...]

Recent News

RCACF now accepting applications for Fall 2019 Grants

RUSSELL, Kan.—The Russell County Area Community Foundation is now accepting applications for fall grants. Online applications are due Tuesday, October 15, 2019. Last fall, Developmental Services of Northwest Kansas (DSNWK) was awarded a community foundation grant to purchase a new I-Lift 450 Power Lift and extend the wheelchair-accessible outdoor patio at the Pioneer Developmental Center, a day service program for individuals with intellectual and developmental disabilities. “DSNWK envisions a world free of barriers where people with disabilities are included in all aspects of community life. Unfortunately, getting outside hasn't been easily accessible and was often challenging for people with disabilities,” said grantee Cynthia Davis. “In this case, the patio extension has been a[...]

Nourish Your Community

Grain farmers have a vital role in moving lives forward; growing food that nourishes our community and the world. The community foundation, too, is committed to improving quality of life in the areas we serve, both today and in the future. Giving a gift of grain is a simple way to make a lasting difference. Gifts of grain are a unique way to make a charitable gift. Using grain to make a gift to the community foundation – which may be designated for the purpose you choose – can be a wonderful way to invest in the future while achieving tax[...]