Solomon Valley Annual Report Final

01 | Annual Report 2020

Our Mission

is to help people invest in meaningful ways to
make a difference in the community by building
permanent endowment funds and meeting
charitable community needs.

DIRECTOR'S LETTER
Dear Supporters of Solomon Valley Community
Foundation,

What a year it has been!

Reflecting back on 2020, and my first full year with
Solomon Valley Community Foundation, I am continually
grateful for the opportunity to live in and serve the
communities of Mitchell County.

During a time of unprecedented challenges, our
communities of Mitchell County stood together to support
and uplift one another. Through the development of
Mitchell County Strong, the foundation's collaboration
with Solomon Valley Economic Development and the
Beloit Area Chamber of Commerce, we were able to
quickly pump dollars back into local businesses, support
frontline workers, provide grocery assistance and create a
Disaster Relief Fund for local nonprofits. The success of the
Mitchell County Strong program is truly a testament to
the people of Mitchell County.

I am looking forward to a positive and productive 2021. As
always, thank you to our donors for continually supporting
the establishment of permanent endowment funds that
will forever impact our communities.

Thank you,

Colleen Eberle, Executive Director
[email protected]

ABOUT THE FOUNDATION

The Solomon Valley Community Foundation was founded
in 2013 to benefit the communities of Mitchell County. The
foundation is a permanent source of charitable funds used
to meet the current and future needs of our county.

BOARD OF DIRECTORS BOARD OF ALUMNI

Curt Frasier, Chair Bob Severance
Barb Wise, Vice-Chair John Yeary
Darcel McPeak, Secretary
Jim Gates
Kelli Hake
Heather Hartman
Debra Houghton
Margaret Moore
Annie Nicholson
Phyllis Oetting
Mark Palen
Dorothy Wilson
Jeff Zimmer

2019 MATCH MONTH SUCCESS

Through a month-long gift matching initiative in November 2019,
the community foundation raised over $130,000 for community
grants and operations. During Match Month, donors make gifts to
the community foundation to support community grants. These
gifts are then matched at 150% by the Dane G. Hansen Foundation.
Over the last four years Match Month has raised $504,189

Total Raised $58,102

Total Matched $75,000

Total Benefit $50,000 $133,102 $150,000
$0
$100,000

02 | Annual Report 2020

03 | Annual Report 2020

FOUNDING DONORS

Our founders inspired the creation and growth of the
foundation. We are forever grateful for the support of
these generous donors!

Individuals & Families Business Entities

Anonymous AGCO
Curtis & Sherry Frasier AgMark, LLC
Harold & Eileen Frasier Carrico Implement Co., Inc.
Jim & Lynne Gates Catlin’s Friendly Apple Market
Max & Michele Heidrick Cunningham Telephone & Cable
Keith & Debra Houghton Farmway Co-op, Inc.
Kris & Melinda Kimple Farmway Credit Union of Beloit,
Tom & Beverly Porter
Robert Severance/Severance Lincoln, Mankato & Osborne
Frasier, Johnson & Martin, LLC
Children Guaranty State Bank & Trust Co.
Mike & Kathy Thompson Ringneck Ranch, Inc.
John & Eleanor Yeary

MITCHELL
COUNTY STRONG

The Mitchell County Strong (MCS) program started as a
collaboration between the Solomon Valley Community Foundation,
the Beloit Area Chamber of Commerce, and Solomon Valley
Economic Development as a way to support local businesses,
nonprofits, and residents of Mitchell County during the COVID-19
pandemic. What started with a "Buy One, Give One" program soon
expanded to a Disaster Relief Fund, Hungry Hungry Heros program,
and an MCS online auction. Mitchell County Strong has become a
platform that will continue working to benefit, promote, and
support the communities of Mitchell County.

We are #MitchellCountyStrong
-Colleen Eberle

2019-2020 DONORS

Large or small, every gift contributes to the community foundation’s ability to serve the community. We
have made every effort to include all gifts from July 1, 2019 to June 30, 2020. If you believe there is an error
or need to make a correction, please contact us.

Paul Abram Larry & Genice Fouts Marlene Moritz
AGCO Corporation Curt & Sherry Frasier Norman & Lyla Newell
AgMark, LLC Frasier, Johnson & Martin, LLC Greg & Annabeth Nicholson
Allen Kee Agency, LLC Kenny & Brigit Gasper Oak Creek Building & Design, Inc.
Anonymous Donor Craig Gasper Tyler & Angie Odle
Brian & Kristi Arasmith Jim & Lynne Gates Jerry & Phyllis Oetting
Charles & Barbara Axtell Glen Elder Community Club Byron & Barb Palen
Mark Banker Glen Elder United Methodist Church Mark Palen
Beloit Auto & Truck Plaza, Inc. Larry & Billie Golladay Randy & Sheila Paxson
Beloit Greenhouse Mary Greiner Gene & Kathleen Pestinger
Jarold & Barbara Boettcher Guaranty State Bank & Trust Co. Jason & Julia Rabe
Charles & Linda Bowers Kent & Kelli Hake Ray’s Apple Market #466
Joanne Brummer Hansen Auction & Realty Kathryn Roberts
Mike & Diane Budke Ronald & Lorraine Harris Rolling Hills Electric Cooperative, Inc.
Carrico Implement Co., Inc. Scott & Heather Hartman Ron & Earlene Tice
John & Pat Cashatt Max & Michele Heidrick Jay & Rita Rowh
Cassiopeia Club Michael & Lucille Heller S & S Drug, Inc.
Cawker City Community Club Ron & Jayne Heller Phyllis Schmitt
Scott & Mary Jane Chapman Nancy Hennes Dean & Katie Schroeder
Clarence A Scoggan, Trust Janet & Marty Hesting Senger Construction, LLC
Linda Clover Harold Heidrick Robert & Mary Ann Severance
Eric & Lisa Cole Robert & Dana Hollerich Greg & Kris Shamburg
Edward & Alberta Cordel Bob & Janet Holway Karen Shumate
Janice Cornely Curt & Debra Horton Simpson Church
Barbara Corpstein Keith & Debra Houghton SMC Concrete and Construction, LLC
Patrick & Rolenda Corpstein Julia Inskeep Jerry & Gaylene Sorell
Mariah Crumbaker James & Denise Jackson Special T Hunting
Cunningham Communications, Inc. Douglas & Janet Johnson State Farm Insurance
John & Janet Cunningham Bob& Millie Jones David Neubert
Terry & Crystal Cunningham Michael & Joyce Jordan Janet Sutter
Dane G. Hansen Foundation Patrick Kelley The EyeCare Center
Dwight & Dolores Daniels Kris & Melinda Kimple Mike & Kathy Thompson
Robert & Venette Davis Phillip & Kathy Kirchoff Lawrence & Mary Ellen Tripp
Dental Designs of Solomon Valley, PA Knights of Columbus Tipton Virgil Scott Consulting, Inc.
Brian & Susan Dillner Verlin & Diane Kolman Bill & Anita Walsh
Robert & Mary Dubbert Robert & Andra Lampert Ross Weber
Ryan & Brandi Duskie Landoll Corporation David & Janet Wilcox
Cole & Colleen Eberle Jacqueline F. Larson Dorothy Wilson
Leon & Janet Eck Leadership Mitchell County, Inc. Winkel Manufacturing Co.
Mark & Cherie Eck LockIT Technologies LLC Maxine Winkel
Eilert Farms Craig & Diana Marcotte Joe & Barb Wise
Ellenz of Tipton Jim & Lanette Marshall Leon & Shirley Wright
David & Carolyn Ellenz Harry & Rose Matous Xi Theta Lambda Chapter of Beta
Roger & Ruth Emerson Ryan & Lori May
Farmers and Merchants Bank Douglas & Joyce McKinney Sigma Phi
Farmway Credit Union of Beloit, Barry & Darcel McPeak YourCause, LLC
Marty & Carla McPeak Patrick & Cathy Ziegler
Lincoln, Mankato & Osborne Leo & Denelle Mick Gerald & Teresa Zimmer
Bonnie J. File Marlene Mispagel Jeff & Brandi Zimmer
First Bank of Beloit Richard & Margaret Montgomery
Fouts Insurance Agency, Inc. Margaret Moore
Joel & Christie Fouts

04 | Annual Report 2020

05 | Annual Report 2020

COMMUNITY SIGN
FOR HUNTER

The only way to share news and information about community
events in the City of Hunter was through a single blackboard by the
community center. Citizens and tourists could only view the
blackboard from one direction when they were already in town.
The Hunter Economic Development Corporation wanted to make a
change. "Our goal is to highlight our community café and the
many hunting operations in the area that bring outside business to
the community," said grantee Steven Schneider. With the support
from a Solomon Valley Community Foundation grant, the
development corporation was able to purchase a community sign
and hardware for this project. The new sign is located at the corner
of Highway 181, 1st Street and Main Street for maximum visibility.

"The community sign has become a focal point of Main Street in
Hunter, Kansas. We have had many comments on how well the
sign is positioned for everyone to read from four different
directions," said Schneider. “The sign allowed us to reach and be a
small part of the lives of everyone in town and the outside
communities.”

"The boxes we were able to purchase have made an
immediate impact with our students. The kids feel 100%
more comfortable jumping onto soft foam rather than the
boxes we had for the last 20 years."

BRAD GOBER

STRENGTH AND
CONDITIONING

As the strength and conditioning program at Beloit Jr/Sr High
School grows, the weight room requires more updating. One staple
movement in the weight room is box jumps. These help improve
power, force, explosion and the athletes verticals. The community
foundation awarded USD 273 funding to purchase two stackable
soft plyo boxes to replace the previous wood ones.

“The boxes we were able to purchase have made an immediate
impact with our students. The kids feel 100% more comfortable
jumping onto soft foam rather than the boxes that we had for
the last 20 years,” said grantee Brad Gober.

UPDATES TO THE MC

HISTORICAL SOCIETY

In 2016, the Michell County Historical Society started renovating the bar
area of the old American Legion building for use as a fine arts area, office
space and early learning area. The walls in the building have been
moved, electrical work done and a new HVAC was installed.

With the Solomon Valley Community Foundation’s support, the
historical society was able to purchase materials for flooring and trim
that was installed in the fine arts and early learning area of the new
museum complex. “Through many donated hours from skilled artists,
the fine arts area was transformed into a piece of art itself. Artists utilized
artifacts from other entities that were donated to the museum,” said
grantee Kyle Peterson.

Peterson mentioned that the progress of the fine arts area has
motivated others to work on other parts of the building, “It has pushed
donors and volunteers to finish the office areas and the historical library.
The MCHS board and membership is very excited to start moving
displays to the new museum this next year.”

DOWNTOWN
SOUND SYSTEM

At a Mitchell County Strategic Doing meeting, the downtown
development committee presented that installing a sound system was
one of their main priorities. “The idea for a sound system has been talked
about in the community for a while. Even with the rate of new technology,
it has taken a long time to find a system that would work with our
infrastructure,” said Julia Rabe.

“We were able to kick off the fundraising for this project thanks to the
community foundation. We raised over $26,000 total and a big start was
this $3,000 grant,” said Rabe. “Our downtown sound system has made a
very positive impact in our community.”

“We were able to kick off the fundraising for this project
thanks to the community foundation. We raised over
$26,000 total and a big start was this $3,000 grant,”
JULIA RABE

06 | Annual Report 2020

07 | Annual Report 2020

Home Is.. WHERE PEOPLE
SHARE THEIR GIFTS

"Purchasing the viewfinder would not have been possible without this grant. It is
an important part of giving visitors and residents a way to appreciate the
Waconda Lake and Glen Elder State Park as an important part of Kansas history."
LUCILLE HELLER

WACONDA SPRINGS
VIEWFINDER

Visitors will now be able to enjoy views of the Waconda Springs Replica through a viewfinder along the bluffs
of Glen Elder State Park. In the spring of 2019, the Waconda Cultural Association received a $3,545 grant from
the community foundation’s Dane G. Hansen Community Grant Fund to purchase a viewfinder, directional
signage and a floating buoy to mark the location of the original Waconda Springs.

“Purchasing the viewfinder would not have been possible without this grant. It is an important part of giving
visitors and residents a way to appreciate the Waconda Lake and Glen Elder State Park as an important part of
Kansas history,” said grantee Lucille Heller. The historical buoy is a visual answer to one of the most asked
questions, “Where is Waconda Springs?” and will serve as a new destination for those boating the lake. Hikers
along the bluff can also use the viewfinder to discover the location of the springs next to the original channel
of the Solomon River.

Planning Today to GIVE TOMORROW

Supporting  CREATE YOUR LEGACY
your community,  THROUGH YOUR WILL!
organizations, and
causes you care Including the community foundation in
about is an your will or trust is a simple, significant way
important part of to support one or many causes close to your
your life and heart, forever.
core values. When you make a planned gift to the
community foundation, you plant an
What if you could continue to investment that will continue to grow over
provide donations to those time and benefit your community, far
organizations after your beyond your lifetime!
lifetime? What if you left
something meaningful to the IT’S EASY AND
charities that you are most ANYONE CAN DO IT.
passionate about?
Giving through your will is easy and you
don’t have to be wealthy to do it. Whether
your nest egg is large or small, your gift will
ensure the good work of charitable
organizations continues in your name.

To learn more about leaving a gift in your will or trust,
contact your professional advisor or call us!
785-545-8873

09 | Annual Report 2020

2019-2020

Grant Recipients

The following organizations received either donor-directed or
competitive grants from funds at the community foundation:

Adoratio Foundation Mitchell County Fair
Archdiocese for the Military Mitchell County Historical
Services Society
Beloit Arts Center LTD Mitchell County Hospital
Beloit Area Chamber of Health Systems
Commerce Mitchell County Regional
Beloit Ministerial Association Medical Foundation
Beloit United Methodist NCK Tech Endowment
Church Assoc. & Foundation
Beloit Youth Football Inc NCK Technical College
Boost Ministries Foundation NCK Wellness Center Inc.
Cawker Community Fitness North Central Kansas
Center Community Network
City of Beloit North Central Kansas
City of Simpson Endowment Association
First Christian Church Northwest Kansas
Glasco Community Technical College
Foundation Pawnee Mental Health
Glen Elder Friends Church Services, Inc.
Glen Elder Library Port Library
Glen Elder Volunteer Fire Post Rock Humane Society
Department Seward County Community
Heart Choices, Inc. College
Hunter Economic Smoky Hills Public
Development Corp Television
Kansas Dept of Wildlife & St. John the Baptist
Parks Catholic School
Kansas Post Rock Limestone Tipton Community School
Coalition Tipton Heritage Association
Leadership Mitchell County, USD 272/Lakeside
Inc. Elementary
Lincoln County USD 273
Mitchell County Waconda Cultural
Mitchell County Community Association
Foundation

2019-2020

Scholarship Recipients

The following students received scholarships through the
community foundation’s competitive scholarship program
with funding from the Fine Arts Future Development Higher
Education Scholarship and the George Hoy Scholarship.

ADAM BATES CLARA EILERT

Kansas State University Emporia State University

BRANDON BATES TYLER LONG

Kansas State University Kansas State University

LANEY CLARK LAURA MEYER

Fort Hays State University Benedictine College

ELIZABETH DUVALL

Washburn University

Impact Numbers

In 2020, $935,409 total grants and scholarships were awarded to
89 organizations and students throughout the fiscal year. Since
inception, $1,682,476 has been awarded on the behalf of generous
donors, making our community a better place to live!

GRANTS & SCHOLARSHIPS AWARDED
PER FISCAL YEAR

$1,000,000

$935,409

$750,000

$500,000

$250,000 $71,103 $140,566 2020
$0
2014 2016 2018

11 | Annual Report 2020

FOUNDATION FUNDS

Endowed funds produce charitable income every year and help donors create a legacy of giving.

This list contains funds opened prior to July 1, 2020. If you believe an error has been made, please contact the foundation.

DONOR ADVISED FUNDS FIELD OF
INTEREST FUNDS
Enable donors to recommend grants to the
charitable organizations or programs of Enable donors to support a designated cause or
their choice. geographic area. (e.g. the arts, a specific
community, etc.)
Carrico Implement Co., Inc. Fund Dane G. Hansen Community Grant Fund
Cunningham Communications, Inc. Fund The Pleasant View Community Fund
Farmway Credit Union of Beloit, Lincoln, Mankato & Solomon Valley Disaster Relief Fund

Osborne Fund ORGANIZATION FUNDS
Frank, Lila Maxine & James Louthan for Glasco, KS
Provide annual income for nonprofit organizations
Donor Advised Fund in support of their charitable work.
Frank, Lila Maxine & James Louthan for Simpson, KS First Christian Church of Beloit Fund
Glen Elder Friends Church Endowment Fund
Donor Advised Fund Heart Choices of Beloit Fund
Frasier, Johnson & Martin, LLC Fund Mitchell County Communities That Care, Inc.
Guaranty State Bank & Trust Co. Donor Advised Fund
Keith & Debra Houghton Donor Advised Fund Summer Kids Cafe Fund
Max & Michele Heidrick Donor Advised Fund Mitchell County Community Foundation
Ringneck Ranch Foundation Donor Advised Fund
Our Lady of Good Remedy Fund Leadership Mitchell County Fund
Tom & Beverly Porter Donor Advised Fund NCK Wellness Center Fund

DESIGNATED FUNDS UNRESTRICTED FUNDS

Provide annual support for specific Supports foundations community grantmaking.
charities selected by the donor. Community Impact Fund for Solomon Valley

First Christian Church Missionary Fund SCHOLARSHIP FUNDS
Harold & Eileen Frasier Scholarship Fund
Helen L. Marcotte Operating Fund Assist and encourage promising students,
Leadership Mitchell County Community Service including those challenged by
educational costs.
Award Fund Fine Arts Future Development Scholarship Fund
St. John the Baptist Catholic Church, Beloit, Kansas George Hoy Scholarship Fund

Seminary Designated Fund
St. John the Baptist Evangelization & Education

Fund
The Severance Children's Scholarship Fund
The Waconda Heritage Village Fund
Thomas J. Shaffer Designated Fund

ADMINISTRATIVE FUNDS

Supports foundation operations.

Solomon Valley Administrative Fund

FINANCIAL
OVERVIEW

None of this would be possible without people like you! ASSET GROWTH SINCE 2014
Your support makes a meaningful difference in Mitchell
County, both now and in the future. As of June 30, 2020, the foundation's total

asset size reached $5,475,627 with 34 funds.

COMPETITIVE GRANTMAKING SINCE INCEPTION $6,000,000

$250,000

$5,475,627

$200,000 $4,000,000
$150,000

$100,000 $2,000,000 $2,897,156
$50,000 $1,670,232

$455,640

$0 $0
2014 2016 2018 2020
Community ADretsvel&oCpulmteurnte
ParHkus P&muaREbnleidcScrueecHSraaevaittfaiicleoottenysnh
Other

$266,345

was donated from 146
generous donors in the
2020 fiscal year.

GIVE. GROW. GRANT.

By creating a permanent fund at the community
foundation, you can accomplish your charitable
goals, now and forever. As your partner in giving, we
will always take special care to honor your wishes
and protect your gift’s value.

Your gift to the community foundation will grow over time, just like a tree! Whether
you plant a seed by starting a new fund or help a fund grow by giving to an existing
fund, every gift to the community foundation helps provide “fruit” for the community
through grants and scholarships.

Today... After 15 years... After 25 years... After 50 years...
You decide to make Your gift has grown to Your gift has grown to Your gift has grown to
a permanent gift of $15,000 and given $18,600 and given $51,000 and given
$10,000. $10,000 to charity. $19,000 to charity. $35,000 to charity.

**For demonstrative purposes only, these numbers were calculated on a 5% annual payout, 1% administrative fee and 8.5% rate of return.

OUR AFFILIATION

We are a member of the Greater Salina KATY KITCHEN
Community Foundation’s affiliate
network in north central Kansas. Director of Regional Affiliates
[email protected]
This network helps us effectively pool resources with other
foundations for community growth. We benefit from ANGELA KERNER
experienced investment and administration services,
marketing support, ongoing training and technical assistance Affiliate Operations Coordinator
from GSCF staff. Our local advisory board provides leadership [email protected]
on decisions that directly impact our community!

Community Foundation for Cloud County
Heartland Community Foundation
Jewell County Community Foundation
Osborne County Community Foundation
Ottawa County Community Foundation
Post Rock Community Foundation
Republic County Community Foundation
Russell County Area Community Foundation
Smith County Community Foundation
Smoky Hills Charitable Foundation
Smoky Valley Community Foundation
Solomon Valley Community Foundation
Washington County Community Foundation

TO LEARN MORE ABOUT OUR AFFILIATION
visit www.gscf.org
or contact one of our affiliate staff members

PO Box 369 • Beloit, KS 67420-0369
785-545-8873 • [email protected]
www.solomonvalleycf.org