Polices - Richland County Foundation

The Foundation Policies

Gift Acceptance Policy: We can accept gifts of cash and other marketable assets.

Spending Policy: The Foundation utilizes a market value spending policy to determine the number of dollars available from endowed funds for both grants and foundation operating support.

Operating Support and Investment Fees: Richland County Foundation allocates the cost of fulfilling its charitable and philanthropic mission to each component charitable fund. 

Investment Policy: The Foundation utilizes an investment strategy that attempts to achieve a total return that, in conjunction with the spending policy, should maintain an endowed fund permanently.