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

CFCC awards June grants

The Community Foundation for Cloud County (CFCC) grants committee met June 20, 2019 and awarded the following grants from the Dane G. Hansen Community Grant Fund: A $365.49 grant to the City of Concordia to support the National Night Out Program. A $1,000 grant to Catholic Charities for Northern Kansas for hygiene bags for the needy. The next grant committee meeting will be in August, when the July applications will be considered. There will be over $42,000 available to spend in the Dane G. Hansen Community Grant Fund and over $345,000 available to spend in the other funds at the start of new[...]

Community foundation awards scholarships

The Community Foundation for Cloud has awarded over $14,000 in scholarships to area students for the upcoming academic year. The Carl Cunningham Rotary Scholarship for for seniors graduating from Concordia High School. Brenda Craig, Concordia, received a $800 scholarship, Alex Bonebrake, Concordia, received a $500 scholarship, Madelyn Meyer, Concordia, received a $250 scholarship, and Beau Bonebrake, Concordia, received a $250 scholarship. The Carol Puckett Memorial Scholarship for for graduates of a Cloud County high school pursuing an education major. Sarah Collins, Miltonvale, received a $1,000 scholarship. The CF Sunshine Scholarship for for seniors graduating from or graduates of a Cloud County or[...]