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 Washington County 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 WCCF Annual Report
2016 WCCF Annual Report
2015 WCCF Annual Report
2014 WCCF 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[...]

Washington County Community Foundation accepting applications for public health grants

WASHINGTON, Kan.— The Washington County Community Foundation is now accepting grant applications to the Kansas Health Foundation Fund for Washington County. Online grant applications are due Tuesday, October 1, 2019. Last fall, Annie Yungeberg, USD 108 Preschool teacher, was awarded a community foundation health grant to help teach her students the importance of healthy eating. Yungeberg used the funds to buy a small refrigerator for her classroom, along with healthy snacks purchased from the local Kier's Thriftway. Students were able to try fresh foods like raw green beans, mushrooms, pears, mixed nuts, celery, avocado, tomato, cabbage, prunes, tuna, yams, radishes,[...]