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

Deadline Nearing for IRA Charitable Contributions

If you are 70½ years old or older, you can make an impact on your favorite charity by making a gift from your IRA to a fund at the community foundation. This is an easy and effective way to make a gift that helps satisfy your required minimum distribution, while also reducing your taxable income. Who can take advantage of the IRA charitable rollover provision? If you have an IRA and are 70½ or older, you and your spouse (each) can take a tax-free charitable distribution from your IRA.Who can receive the gift? The IRA must be gifted directly to[...]

Solomon Valley Community Foundation Awards Fall 2019 Grants

BELOIT, Kan.— During its fall grant cycle, the Solomon Valley Community Foundation awarded over $44,000 in grants to 16 projects throughout Mitchell County. The following organizations received funding: NCK Wellness Center, Inc. for various class and non-class equipment for the senior exercise program.Lincoln County Emergency Management for installation of an emergency siren and backup generator in Hunter.Beloit Arts Center for an indoor/outdoor public sound system for sound production and audio recording.Mitchell County to host a Youth Entrepreneurship Challenge for junior high and high school students in the spring of 2020.Pawnee Mental Health Services, Inc. for S.T.A.R.S. Camp, designed for children with serious emotional disturbances.City[...]