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 Heartland 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 HCF Annual Report
2016 HCF Annual Report
2015 HCF Annual Report
2014 HCF Annual Report

2016 GSCF Annual Report
2013 GSCF Form 990

 

Recent News

Strategic Doing Re-Start meeting set for Rooks county

The Heartland Community Foundation, which serves Ellis, Rooks and Trego counties, has scheduled the Strategic Doing meeting for Rooks County. The Rooks County meeting will be held at 6 p.m., Monday, November 4, at the Rooks County Health Department conference room (upstairs), 426 Main, Stockton Kansas. Results of the working groups from the September meeting will be shared. Additionally, other project ideas will be identified, and project teams will be formed for discussion and action. Strategic Doing is an engaging process that actively helps residents implement their ideas for community improvement projects. New ideas and working groups are encouraged to attend and[...]

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[...]