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 Community Foundation for Cloud County 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 CFCC Annual Report
2016 CFCC Annual Report

2015 CFCC Annual Report
2014 CFCC Annual Report

GSCF 2016 Annual Report
2013 GSCF Form 990

 

Recent News

July Grant Recipients Announced

The Community Foundation for Cloud County grants committee met August 13, 2019, and awarded grants from the following funds:  Seize the Moment Fund - $500 grant to the City of Concordia for the Big Book of Big Trucks (50 each) for the Touch-A-Truck event at the Broadway Plaza $500 grant to the Cloud County Ducks Unlimited for a lifetime youth hunting/fishing license $166 grant to the Cloud County Health Center for casino tables for the Cloud County Foundation for Health Care, CHS Stuco and CCCC student engagement program Dane G. Hansen Community Grant Fund - $15,000 grant to the City of Concordia to support Downtown[...]

Community Foundation for Cloud County Holds Annual Meeting

The Community Foundation for Cloud County (CFCC) Board of Governors held their annual meeting at the Concordia Chamber of Commerce meeting room at 5:30 p.m. on Thursday, July 25, 2019. The CFCC Fund Summary report for June 30, 2019, showed over $784,000 additional investments in the Foundation, over $554,500 investment income and over $459,500 in grants awarded for the year then ended. The community's total fund investment in the Community Foundation for Cloud County is over $8,150,000 as of June 30, 2019. The Foundation had an earnings rate for the quarter ending June 30, 2019 of 3.41%, an earnings annual rate was[...]