Affiliate Benefits

Communities that create an affiliate foundation within the Greater Salina Community Foundation effectively pool resources for community betterment, benefit from experienced investment and administration services, and generate increased awareness of community needs and citizens’ philanthropy.

Pooling Resources for Community Betterment

  • An affiliate program is a permanent, steady, and secure source of grant making that addresses present and future community needs.
  • The affiliate provides a catchment for bequests and other gifts (both large and small) that will benefit the entire community.
  • Funds established with the affiliate are an attractive option to donors, particularly those who wish to make large gifts or leave a gift by bequest, since the donation is maintained in perpetuity and is not expended for short-term operating costs.
  • Those who give to funds with the affiliate often become more involved and provide leadership for philanthropic organizations and endeavors. An affiliate foundation can be a powerful force in mobilizing community advocates.
  • Growing communities are strengthened by their ability to serve citizens’ needs now and for future generations

Benefiting from Experienced Investment and Administrative Services

  • The Foundation’s Investment Committee is composed of board and community volunteers primarily in the fields of banking, business, finance, and investment. Presently, they allocate funds in a portfolio of low cost index funds according to a board approved investment policy.
  • The Foundation can pool endowment funds for investment purposes, thus providing the benefits of a balanced portfolio, diversification, appreciation and lower internal management costs.
  • Although the Foundation is almost always the most efficient choice among financial management alternatives, the Foundation does offer affiliates the possibility of “keeping their money at home” through our outside manager program.
  • A simple document can establish an affiliate endowment, eliminating the need for establishing a stand-alone nonprofit corporation.
  • Quarterly accountings are provided to the affiliate. On-line access to fund information and statements is available.
  • Fund documents and policies and procedures are already created and ready for use by the affiliate.
  • Grants are recommended by the affiliate’s governing board on a regular basis.
  • Serving the Foundation is a professional administrative support staff committed to meeting its accounting/financial, program, and communication needs.

Generating Increased Awareness of Community Philanthropy

  • The affiliate shares in the public relations efforts of the Foundation and is featured in print pieces such as the Foundation’s Annual Report, and on our Web site, all of which create more awareness of the affiliate among the donor community.
  • The affiliate can participate in the Foundation’s special events and functions.
  • Foundation staff can furnish the affiliate with publicity materials, including sample news releases, fact sheets, and other documents and communication services, on an as-needed basis.

Rewarding Growth

The Foundation provides support in the form of education and materials to help affiliate boards sustain and grow the assets of their foundations. GSCF recognizes that as affiliates grow and prosper, they generate increased fee revenue, and may require less intensive administrative support. With that in mind, GSCF has adopted a rebate grant program to reward affiliates for their success and support additional good work in their communities.

 

Recent News

Community foundation accepting spring grant applications

The Smith County Community Foundation is accepting applications for spring grants. Online applications open Friday, February 15 and are due Monday, April 15, 2019. Over $50,000 in grants is available to charitable projects in Smith County through the following funds: Dane G. Hansen Community Grant Fund - available for programs and projects that address education, health care, community social services and security, conservation and environment, arts and culture, and community beautification.Smith County Action Fund – available for projects that improve the quality of life for Smith County residents. Grants are limited to communities in Smith County and will be awarded through a competitive application[...]

Smith County Community Foundation awards $50,000 in fall grants

  The Smith County Community Foundation recently awarded over $50,000 to area organizations during its fall grant cycle. Projects were funded through the Dane G. Hansen Community Grant Fund, the Smith County Action Fund, the Kansas Health Foundation Fund for Smith County and the Health Needs for Smith County Fund. Recipients include: USD 237, $10,000 to purchase Chromebooks for Smith Center Elementary. Smith County Child Development Center Inc., $7,000 for construction grade drawings for the new facility construction project. Kensington Lion's Club, $7,000 to purchase a vision screener to screen students in the county schools and preschools for vision problems. Smith County[...]