>> Financials
>> Statement of Investment Objectives
> > Management
2010 990 Tax Filings
Click here to view.
Fact Sheet
Founded in 1995 to “Advance the Quality of life in the St. Croix Valley”
Governed by a board of 20 community leaders from the five counties of Minnesota and western Wisconsin that share the lower St. Croix River as a border (Chisago, Washington, Polk, St. Croix and Pierce).
2011 Fiscal year: July 1, 2010 through June 30, 2011 |
||
| Assets | $21,736,762 | |
| Contributions | $5,638,014 | |
| Grants | $1,327,808 | |
| New Funds | 36 | |
| Total Funds at SCVCF | 281 | |
| Community Funds | 13 | |
| Agency (Nonprofits) | 89 | |
| Scholarships | 33 | |
| Donor Advised | 89 | |
| Designated | 17 | |
| Fields of Interest | 20 | |
| Other | 20 | |
| Investment Management | Trust Department, First State Bank & Trust of Bayport |
|
| Current portfolio | Vanguard Index Funds | |
| Administrative and Investment Management Fees |
1.5% per annum | |
| For more information contact: |
Jane Hetland Stevenson, President (715) 386-9490 jstevenson@scvfoundation.org |
|
| Fiscal year audits and Federal Form 990 are available upon request | ||
Statement of Investment Objectives
Click here to view.
Who Manages the Foundation?
The Foundation is governed by a board of directors who live and work or have their roots in the region where the Foundation focuses its efforts - the counties of Polk, St. Croix, and Pierce in Wisconsin and Washington and Chisago in Minnesota. Its assets are managed by the Foundation's Investment Committee, composed of Board members and other professions with expertise in the legal, financial, and public accounting fields, along with the investment advisor from the First State Bank and Trust in Bayport.