Year in Review

2013 Year in Review

• Assets of all RCF funds totaled $136.6 million, as of December 31, 2013.

• Diversified investment strategy. Policy to determine strategy, asset allocation, and investment management, recommended by board finance committee and assisted by independent, investment consultant. Final policy approved by trustees.

• In compliance with National Standards for U.S. Community Foundations.

• Governed by a 21-member, volunteer board of trustees.

• Since RCF was established 68 years ago, $62.4million in grants awarded, primarily in the Richland County area.

• Current charitable funds total 303; established by individuals, families, and organizations.

• Awarded $3,332,811 in grants in 2013.

• 2013 grants by program area from all funds including donor advised and designated.
Education – 43%
Health Services– 2%
Arts & Culture – 18%
Community and Community Development – 22%
Children, Families & Youth – 7%
Human Services – 4%
Economic Development - 1%
Other – 3%

• Special grant programs at the Foundation
College scholarship assistance
Grants to charities that provide emergency assistance
Summertime Kids
Teacher Assistance Program (TAP)
The Women’s Fund
Connections Fund

 

2012 Annual Report