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 Republic 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 RCCF Annual Report
2016 RCCF Annual Report
2015 RCCF Annual Report
2014 RCCF Annual Report

2016 GSCF Annual Report
2013 GSCF Form 990

 

Recent News

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[...]

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[...]