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

Community Foundation Receices Hansen 50K Matching Grant Initiative

The Community Foundation for Cloud County (CFCC) has been approved to participate in the DANE G. HANSEN FOUNDATION 2019 MATCHING GRANT INITIATIVE. For the month of November, 2019, the Dane G. Hansen Foundation will provide a 100% match for every endowed dollar raised for the Impact Fund for Cloud County (our unrestricted grant fund), up to a maximum of $50,000. The Matching Initiative Grant will provide an additional match of 50% up to a maximum of $25,000 to the CFCC Administrative Fund. This means the match from the Dane G. Hansen Foundation is 1.5 to 1. If you give $200 it becomes[...]

Kansas Association of Community Foundations Holds Annual Conference

Bob Steimel, Executive Director and Lorene Steimel, Secretary, representing the Community Foundation for Cloud County (CFCC) attended the three-day Annual National Conference for Growing Community Foundations hosted by the Kansas Association of Community Foundations (KACF) held October 27-29, 2019 in Wichita, Kansas. Approximately 476 participants (65% from out of state) from 36 states and 183 community foundations attended the conference. The attendees could attend the three plenary sessions: Challenging “When Your’ve Seen One Community Foundations You’ve Seen One”; “Old School Meets New School” Trends and Changing Conversation; and Will We Make A Difference? We Must. The attendees also selected one concurrent[...]