Our History

historyThe Greater Lynchburg Community Trust is proud of its history that spans from the early 1970s to today. Over the years, The Community Trust has been privileged to be involved in helping our citizens give back to the community that they care so much about. Below are just a few highlights from our history that show we have come a long way in a short time thanks to the help of our donors and investment advisors!

 

Highlights

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An employee submits an idea

An employee of Fidelity National Bank submits to the bank’s “Suggestion Committee” an idea to form a Community Trust.

November 01, 1971

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The Board of Directors adopts a Resolution

The Board of Directors of Fidelity National Bank adopts a Resolution and Declaration of Trust creating The Greater Lynchburg Community Trust.

October 12, 1972

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Initial funding comes from The Plymale Foundation

Initial funding comes from The Plymale Foundation ($10,000), A.H. Easley ($3,000) and Nancy B. Pollack ($1,000).

December 15, 1972

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First organizational meeting

The Community Trust Distribution Committee holds its first organizational meeting where Carl Stern is elected Chair and Sandra Carrington is elected Vice Chair.

March 28, 1973

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Trustee of The Community Trust

UVB/First National is named a Trustee of The Community Trust.

May 24, 1973

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A trustee of The Community Trust

First and Merchants National Bank is named a Trustee of The Community Trust.

June 13, 1973

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Officer in The Trust Division

William F. Quillian, Jr. joins Fidelity National Bank as a officer in The Trust Division. He is subsequently asked to devote some of his time promoting The Greater Lynchburg Community Trust.

September 01, 1978

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William F. Quillian, Jr. retires

William F. Quillian, Jr. retires from Fidelity National Bank and becomes The Community Trust’s first Executive Director.

September 01, 1988

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Assets reach

The Community Trust’s assets reach $298,000.

September 30, 1988

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Declaration of Trust is adopted

A revised Declaration of Trust is adopted to create a Board of Directors.

January 30, 1990

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Board of Directors holds its first meeting

The newly constituted Board of Directors holds its first meeting. George T. Stewart is elected Chairman and G. Edward Calvert is elected Vice Chairman.

August 13, 1990

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First Administrative Assistant

Shanda Rowe joins The Community Trust as its first Administrative Assistant and full-time employee.

September 01, 1997

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Assets exceed $5 million

The Community Trust’s assets exceed $5 million.

September 30, 1997

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Stuart J. Turille is named as Executive Director

Stuart J. Turille is named as Executive Director, replacing William Quillian, Jr. following his retirement.

January 01, 1998

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The By-Laws of a corporate subsidiary is approved by the Board of Directors

The By-Laws of a corporate subsidiary, The Greater Lynchburg Community Trust, Inc. is approved by the Board of Directors. This allows non-bank investment advisors to provide services to the Trust.

December 07, 1999

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Kenneth S. White is named President and CEO

Kenneth S. White is named President and CEO, replacing Stuart J. Turille following his retirement.

February 01, 2001

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Assets exceed $15 million.

The Community Trust’s assets exceed $15 million.

September 30, 2002

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George H. Murphy, Jr. is named President and CEO

George H. Murphy, Jr. is named President and CEO, replacing Kenneth S. White following his retirement.

February 01, 2004

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Assets exceed $20 million.

The Community Trust’s assets exceed $20 million.

September 30, 2004

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Returns more than $1 million to the community annually.

The Community Trust returns more than $1 million to the community annually.

June 30, 2007

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Stuart C. Fauber is named President and CEO

Stuart C. Fauber is named President and CEO, replacing George Murphy, Jr. following his retirement.

January 01, 2008

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Annual grants to the community exceed $1.4 million

Annual grants to the community exceed $1.4 million.

June 30, 2010

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40th Anniversary

The Community Trust celebrates its 40th Anniversary with over 200 individual named funds.

June 30, 2012

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The Community Trust's assets exceed $30 million

The Community Trust's assets exceed $30 million.

October 15, 2012

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Bill Bodine is named President and CEO

Bill Bodine is named President and CEO following Stuart Fauber’s retirement.

June 01, 2015

It's Our Mission

The principal mission of The Community Trust is to enhance the quality of life in the communities served by the establishment of permanent endowments for the cities of Lynchburg and Bedford and the counties of Amherst, Appomattox, Bedford and Campbell, with income distributed annually to charitable organizations within the community.

Get In Touch

  •   The Greater Lynchburg Community Trust
      101 Paulette Circle, Suite B
    Lynchburg, VA 24502
  •   434.845.6500
  •   434.845.6530 fax