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 for Cloud County Awards Grants

CFCC AWARDS GRANTS The Community Foundation for Cloud County (CFCC) grant committee  awarded the following grants at its February 12, 2020 meeting: Dane G. Hansen Community Grant Fund - a $2,000 grant to the City of Jamestown to assist with the July 4th celebration Kansas Health Foundation Fund for Cloud County – a $3,000 grant to KSU River Valley Extension to assist with the cost of  having Mark Potter, former head basketball coach at Newman University in Wichita,  share his greatest victory with 7th-12th graders and at public meeting in Cloud County. His greatest victory was not on the court but[...]

January Updates

Community Foundation for Cloud County Holds Quarterly Board Meeting The Community Foundation for Cloud County (CFCC) Board of Governors held their quarterly meeting at the Concordia Chamber of Commerce meeting room at 5:30 p.m. on Thursday, January 23, 2020. The CFCC Consolidated Statement of Financial Position and Statement of Activities for December 31, 2020 showed over $179,000 additional investments  in the Foundation, over $515,000 investment income and over $164,000 in grants awarded for the quarter then ended. The community's total  fund investment in the Community Foundation for Cloud County is over  $8,756,000 as of December 31, 2020. The Foundation had earnings rate for the quarter[...]