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

Apply now for fall grants!

Community foundation accepting applications for fall grants The Republic County Community Foundation is now accepting applications for fall grants. Online applications are due Saturday, September 15, 2018. A combined $89,000 is available through the Dane G. Hansen Community Grant Fund and Republic County Community Action Fund. Grants will be awarded to charitable community improvement projects that address the present and future needs of Republic County, including education, health care, community social services and security, conservation and environment, arts and culture, and community beautification. Grants are limited to communities in Republic County and will be awarded through a competitive application process. Nonprofit organizations,[...]

RCCF awards over $99,000 in spring grants

  The Republic County Community Foundation awarded over $99,000 to area organizations during its spring grant cycle. Projects were funded through the Dane G. Hansen Community Grant Fund, Republic County Community Action Fund, Kansas Health Foundation Fund for Republic County, North Central Kansas Health Care Foundation Fund and Republic County Health Fund. Recipients include: City of Cuba, $19,000 to enhance safety and handicap accessibility at the Cuba Country School Museum. City of Courtland, $19,000 to create safe, walkable routes to school for students. Republic County/NCK Free Fair, $12,525 to replace and update two doors on the commercial building. Scandia Community Club, $12,465[...]