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

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[...]

Smith County Community Foundation awards spring grants

The Smith County Community Foundation awarded $42,500 to 14 charitable projects throughout the county during its spring grant cycle. Projects were funded through the Dane G. Hansen Community Grant Fund. Recipients include: ·         City of Lebanon, $10,000 to purchase an emergency stand-by generator for the community center. ·         St. Mary's Catholic Church, $5,000 for kitchen and bathroom updates to the parish hall. ·         SunPorch of Smith County, $4,400 to purchase hair salon equipment and vacuums for the facility. ·         Gaylord Housing Authority, $3,750 to help with window replacements for two family apartments. ·         City of Lebanon, $3,000 to update flooring in the community library. ·         USD 110,[...]