We have made available at our office the governing documents, certain policies and the most
recent annual audit report and informational return Form 990.
Fiscal Year Ending June 30 Audits
Annual Reports
The Greater Lynchburg Community Trust was founded October 12, 1972 with three funds and a total value of $14,000. Foundation assets have grown from $702,000 from September 30, 1992 to $28,587,475 by year-end June 30, 2011. The Foundation grew from 16 funds to 174 funds during the same period. We credit our success to our donors, volunteer board members and advisors who saw the value of The Greater Lynchburg Community Trust and encouraged their friends and clients to consider establishing long-term philanthropic funds with The Trust..
Keeping operating expenses to a minimum is a priority of The Greater Lynchburg Community Trust.
This includes general and administrative costs, fund raising expenses, and program costs.
Expenses as a percent of total assets have remained relatively stable.
Annual grants awarded have increased 29.3% over the past five years. Our steady growth in foundation
assets has enabled us to expand our grant-making dollars in order to meet critical needs in our communities.
Grants were made across a broad spectrum, including the Arts, Education, Historical Preservation,
Healthy Living, Children’s Programs, Family Programs, and Crisis Programs.
