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 Smith County 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 SCCF Annual Report
2016 SCCF Annual Report

2015 SCCF Annual Report
2014 SCCF Annual Report

2016 GSCF 2016 Annual Report
2013 Form 990

 

Recent News

2019 Year-End Giving Information

Year-End Giving Information Your gift by checkDate your check on or before December 31, 2019, and mail via U.S. Postal Service with a postmark on or before December 31st.Gifts made by check that are mailed through the U.S. Postal service with a postmark and check date before December 31, 2019 will be counted for 2019 regardless of when they arrive at the Foundation.The address for mailing, shipping, or hand-delivery of your check:Greater Salina Community Foundation119 W Iron, 8th FloorPO Box 2876Salina, KS 67402-2876Your gift of securities (stocks, bonds, mutual funds)Contact your broker early to determine the processing time necessary to complete[...]

Deadline Nearing for IRA Charitable Contributions

If you are 70½ years old or older, you can make an impact on your favorite charity by making a gift from your IRA to a fund at the community foundation. This is an easy and effective way to make a gift that helps satisfy your required minimum distribution, while also reducing your taxable income. Who can take advantage of the IRA charitable rollover provision? If you have an IRA and are 70½ or older, you and your spouse (each) can take a tax-free charitable distribution from your IRA.Who can receive the gift? The IRA must be gifted directly to[...]