St. Francis Community Foundation
Saint Francis Community Foundation Funds
St Francis New Generation Endowment Fund
The St. Francis New Generation Fund mirrors the previous New Generation Fund, Inc. as an endowment fund. Therefore, only the earnings (no principal) from this fund can be spent for charitable purposes for the betterment of St. Francis and Cheyenne County. Currently, the goal is to spend the earnings at the rate of 5% of the average 3-year-end Fund balance. A portion of the earnings may also be utilized for necessary expenses to educate and promote the work of the Fund.




St Francis Educational Foundation Fund
The St. Francis Educational Foundation Fund has been established for the benefit of the USD 297 school district. The annual net income from the Fund will be distributed to St. Francis USD 297. Net income shall be defined as an amount that shall be computed annually based upon the current spending policy of the Community Foundation (currently 5% of the average past three year-end Fund balances). Such net income may be distributed in May or June each year, that is, toward the end of the school district’s Fiscal Year (which ends on June 30 each year). If any portion of the net income is not distributed in a particular Fiscal Year (July 1-June 30), the undistributed net income for such year shall be added to principal.




Senior Living Fund for Cheyenne County
The principal and income from the Senior Living for Cheyenne County Fund will be utilized for charitable purposes that provide or support senior living and/or long-term care in Cheyenne County, both for the aged and those in need.




Grow St Francis Unrestricted Fund
The St. Francis Community Foundation and New Generation Fund was formed in 2007, replacing the New Generation Fund Inc. We are affiliated with the Greater Kansas City Community Foundation, who provides consultation, investment and oversight services to our foundation. The purpose of the community foundation is to encourage individuals to make tax deductible charitable donations to be utilized along with possible grants, government programs, government loans, and other funds. These combined funds can then be utilized to improve the quality of life in St. Francis and Cheyenne County.




Swimming Pool and Recreation Fund
The St. Francis Community Foundation and New Generation Fund was formed in 2007, replacing the New Generation Fund Inc. We are affiliated with the Greater Kansas City Community Foundation, who provides consultation, investment and oversight services to our foundation. The purpose of the community foundation is to encourage individuals to make tax deductible charitable donations to be utilized along with possible grants, government programs, government loans, and other funds. These combined funds can then be utilized to improve the quality of life in St. Francis and Cheyenne County.