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 announces Q4 grant awards

The Community Foundation for Cloud County recently awarded grants to 12 area projects and organizations. In October, November and December 2018, grants were funded through the community foundation’s Cloud County Public Health Fund, Dane G. Hansen Community Grant Fund, Impact Fund for Cloud County, Seize the Moment Fund and Youth Activity Fund. The following organizations received funding for charitable projects to benefit Cloud County: Concordia Lutheran Church Bright Beginnings, $11,000 to help children at risk for dyslexia learn to read.MECF, $10,000 to establish the Miltonvale Community Gym.National Orphan Train Complex, Inc., $7,823 to complete payment for the custom statue of Agent Anna Laura Hill.         City of Concordia, $7,000 to help[...]

Community foundation accepting scholarship applications

The Community Foundation for Cloud County is now accepting scholarship applications for the 2019-2020 school year. This year, over $15,000 is available to area students through the foundation’s seven scholarship funds: C. Carl Cunningham Rotary Scholarship, for graduating Concordia High School seniors. Carol Puckett Memorial Scholarship, for graduates of a Cloud County high school pursuing a major in education. CF Sunshine Scholarship, for graduating high school seniors or graduates from Cloud County or Washington County who are pursuing the medical or education field, or plan to attend a recognized trade school. Cloud Ceramics Masonry Scholarship, for graduating high school seniors[...]