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Heartland Community Foundation investment returns receive top ranking

heartland community foundation logoHeartland Community Foundation

Thanks to Heartland Community Foundation’s affiliation with the Greater Salina Community Foundation (GSCF), investments held by Heartland benefited from investment returns that ranked first in the country when compared against other charitable foundation funds of the same asset size.

The Council on Foundations produces a ranking of Community Foundations each year, showing their investment returns on an annualized basis for one year, three years, five years and ten years.

“Through our partnership with the Greater Salina Community Foundation, as an affiliate, Heartland’s now $2.2 million endowment has been able to grow at a notable rate,” said Tammy McClellan, Heartland Executive Director.

The GSCF led the nation for endowments whose assets ranged between $100 and $250 million for 2014. They also led the nation in that asset size group for three-year and five-year returns. Heartland’s endowed funds are pooled with those of GSCF.

The GSCF also ranked in the top 10 nationwide for all endowment sizes for one-year, three-year, and five-year returns.

“The long-standing success in investment returns has produced a steady confidence in donors that their funds will be managed well, and will produce investment results, so that donors can maximize their charitable giving,” said Brandon Prough, President of the Heartland Board of Directors.

The Heartland Community Foundation was established in 2007 as an affiliate of the Greater Salina Community Foundation. Heartland serves communities and their residents in Ellis, Rooks and Trego counties.

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