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 Solomon Valley Community Foundation  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 SVCF Annual Report
2016 SVCF Annual Report

2015 SVCF Annual Report
2014 SVCF Annual Report

2016 GSCF Annual Report
2013 Form 990

Recent News

Community foundation awards fall grants

Over $52,000 was awarded to charitable projects in Mitchell County during the Solomon Valley Community Foundation’s fall grant cycle. Grants were funded through the Dane G. Hansen Community Grant Fund and the Community Impact Fund for Solomon Valley. The following organizations received funding: City of Glen Elder/Waconda Baseball, $6,000 for additions and improvements to enhance the baseball field. USD 272, $5,073 to support a Science, Technology, Engineering and Mathematics (STEM) classroom at Lakeside Elementary School. Zion Lutheran Church, $5,000 to enhance the Zion Lutheran Church building to better serve the community. Boost Ministries Foundation, $5,000 for seating, a copier and[...]

Fall grant applications available June 1

The Solomon Valley Community Foundation is seeking applications for fall grants. Online applications will be available June 1 and are due August 1, 2018. Grants will be funded through the Dane G. Hansen Community Grant Fund, with $50,000 available for charitable projects and programs that address education, health care, community social services and security, conservation and environment, arts and culture, and community beautification. Nonprofit organizations, government and public entities, educational institutions and churches are encouraged to apply. Grants are limited to communities in Mitchell County and will be awarded through a competitive application process. Detailed criteria and the grant application are available[...]