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

Match Madness Raises $57,610

The 2020 MATCH MADNESS held March 10, 2020, by the Community Foundation for Cloud County (CFCC) had all thirty-one of the participating funds receive endowed gifts totaling $39,610 which were matched by $18,000 (45.57%) from the CFCC for a total of over $57,610 being added to their respective fund balances. 160 unique individual or business donors contributed 294 gifts this year with the average donation per donor being $247.56 and average gifts per donor being 1.84. Many of the organizations who participated used the fliers and promotion materials provided by CFCC to notify their supporters of this opportunity for match donations made[...]

Community Foundation Awards Grants

CFCC AWARDS GRANTS The Community Foundation for Cloud County (CFCC) grant committee  ratified or awarded the following grants since its last meeting: Seize the Moment Fund - a $500 grant to the POW Camp Concordia Preservation Society for development of  brochures  to inform visitors of the authenticity of the camp and a $500 grant to the Concordia Wesleyan Church to assist with the community Easter Egg Hunt. Dane G. Hansen Community Grant Fund - a $12,500 grant to the City of Concordia to assist with the cost of the Full Court Press for Progress court revitalization project,  and a $4,000[...]