At the Wichita County Community Foundation, we feel the prudent management and care of the funds entrusted to us is very important in achieving our mission of serving the Wichita County area. The investment and spending policies of the Foundation are designed to ensure careful management of Foundation assets in order to serve the long-term best interests of the community. It is recognized that these assets constitute a public trust, and the Foundation accepts a high degree of fiduciary responsibility and accountability for them.
The Foundation believes best performance will be achieved through a balanced portfolio invested for long-term growth. Funds are invested with Commerce Trust Company and governed by the Finance Committee of our host organization, the Western Kansas Community Foundation.
Wichita County Community Foundation Financials
December 31, 2020
Note: Because WCCF's assets are managed by the WKCF, financials are audited as one through WKCF's annual audit process. A complete financial statement with the Independent Auditor’s Report as well as the 990-T is available for review in the Foundation’s office. An Independent Auditor’s Report on Financial Statements was issued to WKCF's Board of Directors by Kientz & Penick, CPAs, Manhattan, KS on August 16, 2021.