Home
Giving Cards
Transfer of Wealth
Donate Online Now
About the Foundation
Types of Funds
Current Fund List
Current Scholarships
Information for Donors
Information for Advisors
Apply for a Grant
Affiliates
Youth Grantmakers Council
Leadership Salina
PET Project
Publications
Foundation in the News
Photo Gallery
Donor Central

Affiliates

Catholic Community Foundation of the Diocese of Salina
Community Foundation for Cloud County
Heartland Community Foundation
Ottawa County Community Foundation
Post Rock Community Foundation
Republic County Community Foundation
Russell County Area Community Foundation
Smith County Community Foundation
Smoky Hills Charitable Foundation
Smoky Valley Community Foundation
Washington County Community Foundation

What is an “affiliate”?

The Greater Salina Community Foundation’s Affiliate Program provides a mechanism to build local philanthropy across north central Kansas. Communities that wish to build a local family of funds and that have the potential to do so may wish to apply for status as affiliate community foundations.  Affiliates receive financial and administrative services, marketing support, on-going training, and technical assistance from GSCF staff.

Steps toward Affiliation

The Greater Salina Community Foundation will accept communities for provisional affiliate status that have laid the appropriate groundwork by completing the first three phases of assessment, feasibility, and formation described in the Application and Guidelines for Affiliates Status.

Provisional status means that the community will have technical assistance support for no more than five (5) years toward developing a full affiliate.  To become a full affiliate, communities must complete phases four and five—creation and implementation.  The implementation phase will require a comprehensive work plan that details how the local group will grow a significant and meaningful endowment for the area over a period of 3 to 5 years.  As a general guideline, communities accepted into full affiliate status must demonstrate the potential to reach at least $1 million in endowed funds over time, as evidenced by existing gifts and planned gifts that are expected in the future.  An appropriate endowment amount and timeline will be mutually agreed upon by the local community volunteers and GSCF based upon the Transfer of Wealth for the geographic area to be served.

Technical assistance services include long range planning, board development, marketing & communications, and endowment campaign planning.

Benefits to Affiliates

Communities that create an affiliate foundation within the Greater Salina Community Foundation effectively pool resources for community betterment, benefit from experienced investment and administration services, and generate increased awareness of community needs and citizens’ philanthropy.

Pooling Resources for Community Betterment

• An affiliate program is a permanent, steady, and secure source of grant making that addresses present and future community needs.
• The affiliate provides a catchment for bequests and other gifts (both large and small) that will benefit the entire community.
• Funds established with the affiliate are an attractive option to donors, particularly those who wish to make large gifts or leave a gift by bequest, since the donation is maintained in perpetuity and is not expended for short-term operating costs.
• Those who give to funds with the affiliate often become more involved and provide leadership for philanthropic organizations and endeavors.  An affiliate foundation can be a powerful force in mobilizing community advocates.
• Growing communities are strengthened by their ability to serve citizens’ needs now and for future generations.

Benefiting from Experienced Investment and Administrative Services

• The Foundation’s Investment Committee is composed of board and community volunteers primarily in the fields of banking, business, finance, and investment.  Presently, they allocate funds in a portfolio of low cost index funds according to a board approved investment policy.
• The Foundation can pool endowment funds for investment purposes, thus providing the benefits of a balanced portfolio, diversification, appreciation, lower internal management costs.
• Although the Foundation is almost always the most efficient choice among financial management alternatives, the Foundation does offer affiliates an opportunity to “keep their money at home” through our outside manager program.
• A simple document can establish an affiliate endowment, eliminating the need for establishing a stand-alone nonprofit corporation.
• Quarterly accountings are provided to the affiliate.  On-line access to fund information and statements is available.
• Fund documents and policies and procedures are already created and ready for use by the affiliate.
• Grants are recommended by the affiliate’s governing board on a regular basis.
• Serving the Foundation is a professional administrative support staff committed to meeting its accounting/financial, program, and communication needs.

Generating Increased Awareness of Community Philanthropy

• The affiliate shares in the public relations efforts of the Foundation and is featured in print pieces such as the Foundation’s Annual Report, and on our Web site, all of which create more awareness of the affiliate among the donor community.
• The affiliate can participate in the Foundation’s special events and functions.
• Foundation staff can furnish the affiliate with publicity materials, including sample news releases, fact sheets, and other documents and communication services, on an as-needed basis.

Rewarding Growth

The Foundation provides support in the form of education and materials to help affiliate boards sustain and grow the assets of their foundations. GSCF recognizes that as affiliates grow and prosper, they generate increased fee revenue, and may require less intensive administrative support.  With that in mind, GSCF has adopted a rebate grant program to reward affiliates for their success and support additional good work in their communities. 

Transferring an Existing Foundation into a GSCF Affiliate

Existing community foundations may wish to affiliate with the Greater Salina Community Foundation (GSCF).  These existing foundations must agree to adhere to GSCF policies and guidelines.  All affiliates share the GSCF 501c3 and are part of the same corporate entity.  Existing foundations may be asked to let their separate 501c status lapse.  In addition, existing foundations may be required to divest themselves of some assets or reallocate investments in order to adhere to GSCF policies.  Existing foundations must follow the same procedures as new foundations in order to become an affiliate.  The process may be faster or even immediate, depending on the governance structure and assets the existing foundation brings in.  The Greater Salina Community Foundation reserves the right to refuse the request of an existing foundation to become an affiliate. 

Alternative to Affiliate – A Community Fund

A community may work with the Greater Salina Community Foundation to promote local philanthropy without becoming an affiliate by establishing a Community Fund.  This is a general purpose endowed fund that meets the minimum fund requirements (currently $25,000 for a Field of Interest Fund).  A community fund provides annual grants to support charitable programs and projects in a defined geographic location.  A local advisory committee reviews and recommends grants with assistance from the Foundation.  GSCF staff is available to provide technical assistance and training during the start-up phase regarding guidelines, legal requirements, and endowment campaign planning.  Aside from financial and administrative support, such as investment management, check writing, and regular financial reports, Community Funds are not staffed by GSCF on an on-going basis.

For more information, contact:

Jessica Martin
Affiliate Coordinator
Greater Salina Community Foundation
PO Box 2876
Salina, KS  67402-2876
jessicamartin@gscf.org

TOP

HOME | GIVING CARDS | TRANSFER OF WEALTH | DONATE ONLINE NOW | ABOUT THE FOUNDATION | TYPES OF FUNDS | CURRENT FUND LIST | CURRENT SCHOLARSHIPS | INFORMATION FOR DONORS | INFORMATION FOR ADVISORS | APPLY FOR A GRANT | AFFILIATES | YOUTH GRANTMAKERS | LEADERSHIP SALINA |PET PROJECT | PUBLICATIONS | FOUNDATION IN THE NEWS | PHOTO GALLERY | DONOR CENTRAL