2014-01-15T18:26:18-06:00 2013-06-30 560574444 CHERRY BEKAERT LLP P O BOX 1119 LYNCHBURG VA 245051119 990 2012-07-01 546112680 GREATER LYNCHBURG COMMUNITY TRUST GREA 4348456500 101 PAULETTE CIRCLE NO B LYNCHBURG VA 24502 STUART C FAUBER 4348456500 2014-01-07 1 SAMUEL E JOHNSON P00019699 4348476643 2014-01-07 2012 2015-11-30 17:44:51Z STUART C FAUBER 101 PAULETTE CIRCLE NO B LYNCHBURG VA 24502 15858669 0 X WWW.LYNCHBURGTRUST.ORG X 1972 VA DISTRIBUTE CONTRIBUTED FUNDS TO NON-PROFIT ORGANIZATIONS. 16 16 3 16 0 0 2354627 840061 0 0 911414 1858830 0 0 3266041 2698891 1331286 1344932 0 0 196753 199234 0 0 94686 98178 317790 1626217 1861956 1639824 836935 29622750 32607665 492123 551980 29130627 32055685 X THE PRINCIPAL MISSION OF THE TRUST IS TO ENHANCE THE QUALITY OF LIFE IN THE COMMUNITIES SERVED BY THE ESTABLISHMENT OF PERMANENT ENDOWMENTS FOR THE CITY OF LYNCHBURG AND THE COUNTIES OF AMHERST, APPOMATTOX, BEDFORD AND CAMPBELL, WITH INCOME DISTRIBUTED ANNUALLY TO CHARITABLE ORGANIZATIONS WITHIN THE COMMUNITY. 0 0 1661756 1344933 GRANTS ARE MADE TO 501(C)(3) ORGANIZATIONS FROM DONOR-ADVISED, DESIGNATED, FIELD OF INTEREST, SCHOLARSHIP, AND UNRESTRICTED ENDOWMENT FUNDS. THE TRUST HAS FINAL APPROVAL OF ALL GRANTS. SCHOLARSHIPS TO INDIVIDUALS ARE MADE BASED ON AN APPROVED PROCESS INVOLVING SCHOLARSHIP COMMITTEES. 1661756 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X STUART FAUBER 4348456500 101 PAULETTE CIRCLE SUITE B LYNCHBURG VA 24502 MR JOHN R ALFORD JR 1.00 X 0 0 0 MR ROBERT L FINCH JR 1.00 X 0 0 0 MR JOHN M FLIPPIN 1.00 X 0 0 0 MR ERNIE GUILL 1.00 X 0 0 0 MR DAVID A HERRICK 1.00 X 0 0 0 MR HYLAN T HUBBARD III 1.00 X 0 0 0 MS ELLEN P JAMERSON 1.00 X 0 0 0 MR WALLACE G MCKENNA JR 1.00 X 0 0 0 MS ELLEN G NYGAARD 1.00 X 0 0 0 DR AUGUSTUS A PETTICOLAS JR 1.00 X 0 0 0 MR JAMES R RICHARDS 1.00 X 0 0 0 MR MARC A SCHEWEL 1.00 X 0 0 0 MR MASSIE G WARE JR 1.00 X 0 0 0 MR CHARLES B WHITE 1.00 X 0 0 0 DR JAMES W WRIGHT 1.00 X 0 0 0 MS MARYJANE DOLAN 1.00 X X 0 0 0 MR STUART C FAUBER 40.00 X 111995 0 0 111995 0 0 1 0 0 0 0 840061 840061 698829 698829 14319779 13159778 1160001 1160001 1160001 2698891 0 0 1858830 1306126 1306126 38806 38806 111995 44798 22399 44798 73378 29351 29351 14676 13861 5544 2773 5544 2107 982 1125 8100 8100 216081 216081 9725 7970 1755 7360 2092 4223 1045 11638 4655 4655 2328 12630 12630 1368 1368 3643 3643 DEVELOPMENT EXP 19656 19656 PRINTING & PUBLICATIONS 5930 149 5781 TELEPHONE 4284 1713 1713 858 DUES & SUBSCRIPTIONS 3930 3930 11338 3638 7700 1861956 1661756 105514 94686 120105 94017 2254672 1176873 978090 492603 59721 47977 13812 11744 26256071 30832428 29622750 32607665 17930 21391 394198 446357 79995 84232 492123 551980 X 3797956 5498109 1102962 1772327 24229709 24785249 29130627 32055685 29622750 32607665 X 836935 2081419 6704 X X 0 1 X 1 0 X 2312919 649191 763735 2354627 840061 6920533 2312919 649191 763735 2354627 840061 6920533 2365426 4555107 585954 437797 454522 488327 698829 2665429 9585962 0.47520 0.46700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53 171 293409 546652 149814 1195118 4224103 27785199 1 1 22663684 607412 3214440 -1075266 -169409 -222866 27953077 21861167 2176319 -138889 -866518 -151442 -216953 25133510 19119000 548375 3531642 -971612 -148750 -217488 24536867 17725625 523163 2223706 1009150 -139399 -204945 19807688 20554124 2222063 -2998806 -980039 -732083 -339634 21829137 0.00930 0.99070 0 0 59721 47977 11744 11744 CHARITABLE GIFT ANNUITY PAYABLE 84232 84232 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE TRUST'S ENDOWMENT FUNDS ARE USED TO PROVIDE GRANTS TO 501(C)(3) ORGANIZATIONS. THE TRUST HAS INCLUDED $205,633 OF INTERESTS IN CHARITABLE REMAINDER TRUSTS HELD BY OTHERS IN THE BALANCE STATED IN SECTION D, PART V. THESE AMOUNTS, ONCE RECEIVED BY THE TRUST, WILL BE EITHER ADDED TO EXISTING ENDOWMENTS OR BE USED TO CREATE NEW ENDOWMENT FUNDS BASED ON THE INSTRUCTIONS OF THE ORIGINAL DONOR. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: GAAP REQUIRES TRUST MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE TRUST AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE TRUST HAS TAKEN AN UNCERTAIN POSITION THAT MORE THAN LIKELY WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. TRUST MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE TRUST, AND HAS CONCLUDED THAT AS OF JUNE 30, 2013 AND 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE TRUST IS SUBJECT TO AUDIT BY TAXING JURIDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TRUST MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2010. 1 ACADEMY OF FINE ARTS - LYNCHBURG 600 MAIN STREET LYNCHBURG VA 24504 237061145 501(C)(3) 5620 TO FUND THE MAY CARTER POTTERY STUDIO UPDATE PROJECT ADULT CARE CENTER PO BOX 568 LYNCHBURG VA 24503 541297050 501(C)(3) 9900 ANNUAL DONOR-DESIGNATED GRANT ALTAVISTA AREA YMCA PO BOX 149 ALTAVISTA VA 24517 540895639 501(C)(3) 10657 PLYMALE FOUNDATION ALTAVISTACAMPBELL COUNTY HABITAT PO BOX 232 ALTAVISTA VA 24517 541793590 501(C)(3) 6000 TO SUPPORT THE 2011 BUILDING FUND AMAZEMENT SQUARE 27 NINTH STREET LYNCHBURG VA 24504 541713204 501(C)(3) 11362 TO SUPPORT THE SPONSORED ADMISSION PROGRAM AMERICAN RED CROSS - HISTORIC VIRGINIA CHAPTER 1007 SHEFFIELD DRIVE LYNCHBURG VA 24502 530196605 501(C)(3) 6500 TO PROVIDE PROGRAM SUPPORT AMHERST COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION INC PO BOX 1425 AMHERST VA 24521 541769234 501(C)(3) 5000 TO SUPPORT IRON MEN AND IRON DIAMONDS ANNE SPENCER HOUSE & GARDEN MUSEUM 1306 PIERCE ST LYNCHBURG VA 24501 521470973 501(C)(3) 10714 TO FUND INSTALLATION OF HVAC SYSTEM IN MUSEUM AND COTTAGE APPOMATTOX COUNTY HISTORICAL SOCIETY PO BOX 253 APPOMATTOX VA 24522 510199452 501(C)(3) 5000 TO SUPPORT RESTORATION OF 1895 OLD JAIL MUSEUM BEDFORD CHRISTIAN MINISTRIES ASSOCIATION INC 217 W WASHINGTON STREET BEDFORD VA 24523 521414405 501(C)(3) 10000 TO SUPPORT THE MILK & EGG VOUCHER PROGRAM BEDFORD COMMUNITY CHRISTMAS STATION INC PO BOX 1353 BEDFORD VA 24523 421710753 501(C)(3) 5000 TO PROVIDE PROGRAM SUPPORT BEDFORD COMMUNITY ORCHESTRA 1900 STATLER RD BEDFORD VA 24122 541702458 501(C)(3) 5000 TO SUPPORT THE "MUSICIAN DEVELOPMENT AND CONTINUING EDUCATION PROGRAM" BIG BROTHERS BIG SISTERS OF CENTRAL VA 2901 LANGHORNE RD LYNCHBURG VA 24501 540908680 501(C)(3) 7000 TO SUPPORT THE BACKPACK PROGRAM BLUE RIDGE AREA FOOD BANK PO BOX 937 VERONA VA 24482 521202644 501(C)(3) 9504 TO SUPPOR THE HEALTH COMPASS OUTREACH PROGRAM BOYS & GIRLS CLUB OF GREATER LYNCHBURG 1101 MADISON STREET LYNCHBURG VA 24504 200199894 501(C)(3) 10396 TO PROVIDE CAMPER SCHOLARSHIPS; SUPPORT GARDEN & ENVIRONMENTAL PROGRAM CAMP KUM-BA-YAH INC 4415 BOONSBORO ROAD LYNCHBURG VA 24503 541218073 501(C)(3) 12000 TO PROVIDE FUNDING FOR CAMPER SCHOLARSHIPS; SOFTWARE/WEBSITE UPGRADES CASA OF CENTRAL VIRGINIA PO BOX 11373 LYNCHBURG VA 24506 541695593 501(C)(3) 7120 TO PROVIDE PROGRAM SUPPORT CENTRA FOUNDATION 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 541604094 501(C)(3) 5439 ANNUAL DONOR-DESIGNATED GRANT CHILDREN'S MIRACLE NETWORK 1900 TATE SPRINGS ROAD LYNCHBURG VA 24501 541391700 501(C)(3) 5688 ANNUAL DONOR-DESIGNATED GRANT CHURCHES FOR URBAN MINISTRY 1022 FLOYD STREET LYNCHBURG VA 24501 541315808 501(C)(3) 21000 TO SUPPORT CAMP TIMOTHY 2012 COURT STREET BAPTIST CHURCH PO BOX 733 LYNCHBURG VA 24505 546045461 501(C)(3) 6000 TO SUPPORT THE CENTRAL VIRGINIA HIV TESTING & COUNSELING PROJECT ELIZABETH'S EARLY LEARNING CENTER 2320 BEDFORD AVENUE LYNCHBURG VA 24503 541808771 501(C)(3) 283600 TO FUND PLAYGROUND RENOVATIONS ENDSTATION THEATRE COMPANY PO BOX 128 SWEET BRIAR VA 24595 204962047 501(C)(3) 6378 TO PROVIDE PROGRAM SUPPORT FAITH CHRISTIAN ACADEMY PO BOX 670 HURT VA 24563 541466895 501(C)(3) 5847 ANNUAL DONOR-DESIGNATED GRANT FORT EARLY CORPORATION PO BOX 4114 LYNCHBURG VA 24502 521231813 501(C)(3) 7727 TO SUPPORT THE RESTORATION OF FORT EARLY BUILDING FREE CLINIC OF CENTRAL VIRGINIA 1016 MAIN STREET LYNCHBURG VA 24504 541420756 501(C)(3) 29446 ANNUAL DONOR-DESIGNATED GRANT FRIENDS OF THE LYNCHBURG PUBLIC LIBRARY 2315 MEMORIAL AVENUE LYNCHBURG VA 24501 546059813 501(C)(3) 7277 ANNUAL DONOR-DESIGNATED GRANT GIRL SCOUTS OF VIRGINIA SKYLINE COUNCIL 3663 PETERS CREEK ROAD NW ROANOKE VA 240192809 540737207 501(C)(3) 6500 TO SUPPORT PROVIDING GIRL SCOUT OPPORTUNITIES TO UNDERSERVED GIRLS - LYNCHBURG GLEANING FOR THE WORLD PO BOX 645 CONCORD VA 24538 541930105 501(C)(3) 7000 TO SUPPORT HELPING OUR NEIGHBORS PROGRAM HABITAT FOR HUMANITY - GREATER LYNCHBURG 360 ALLEGHANY AVENUE LYNCHBURG VA 245012606 541464802 501(C)(3) 7109 TO PURCHASES SCAFFOLDING EQUIPMENT HARVEST OUTREACH CENTER INC PO BOX 4 GLADYS VA 24554 201927928 501(C)(3) 5000 YOUTH PHILANTHROPHY HEART HAVENS 812 MOOREFIELD PARK DRIVE 301 RICHMOND VA 23236 541823934 501(C)(3) 10227 TO SUPPORT PURCHASE POF WHEELCHAIR ACCESSIBLE VAN; INSTALL GENERATOR; AND PURCHASE HOME FURNISHING HOLIDAY LAKE 4-H EDUCATION AND 4-H CAMP FOR LYNCHBURG YOUTH 1267 4-H CAMP ROAD APPOMATTOX VA 24522 546003131 501(C)(3) 5000 TO PURCHASE MATERIALS NEEDED TO BUILD ONE POD INTERFAITH OUTREACH ASSOCIATION PO BOX 1125 LYNCHBURG VA 24505 541214253 501(C)(3) 15154 TO SUPPORT EMERGENCY ASSISTANCE PROGRAM AND PROGRESSIVE RELEASE PROGRAM JEFFERSON CHORAL SOCIETY 600 MAIN STREET LYNCHBURG VA 24504 541554423 501(C)(3) 5000 TO SUPPORT CARMINA BURANA APRIL 2012 MAJOR WORKS CONCERT JUBILEE FAMILY DEVELOPMENT CENTER 1512 FLORIDA AVENUE LYNCHBURG VA 245014112 541881948 501(C)(3) 13399 ANNUAL DONOR-DESIGNATED GRANT LAKE CHRISTIAN MINISTRIES INC PO BOX 695 MONETA VA 241210695 542034650 501(C)(3) 8400 TO SUPPORT THE PURCHASE OF A HANDICAPPED ACCESSIBLE VEHICLE LEGACY PROJECT INC PO BOX 308 LYNCHBURG VA 24505 541771178 501(C)(3) 10244 ANNUAL DONOR-DESIGNATED GRANT LYNCHBURG BEACON OF HOPE PO BOX 1261 LYNCHBURG VA 24505 453797831 501(C)(3) 12000 TO SUPPORT THE DIRECT SERVICES PROJECT LYNCHBURG CITY SCHOOLS EDU FDN INC PO BOX 2497 LYNCHBURG VA 245051599 541385200 501(C)(3) 11415 TO PROVIDE GENERAL PROGRAM SUPPORT LYNCHBURG COLLEGE 1501 LAKESIDE DR LYNCHBURG VA 24501 540505922 501(C)(3) 8408 SCHOLARSHIP FOR NYELE NAPOLEONI LYNCHBURG DAILY BREAD INC 721 CLAY STREET LYNCHBURG VA 24504 521268749 501(C)(3) 16608 PLYMALE FOUNDATION LYNCHBURG GROWS PO BOX 12039 LYNCHBURG VA 24506 200934133 501(C)(3) 23809 ANNUAL DONOR-DESIGNATED GRANT LYNCHBURG HUMANE SOCIETY 3305 NAVAL RESERVE ROAD LYNCHBURG VA 24501 540570901 501(C)(3) 20809 TO SUPPORT THE NO KILL MISSION (MEDICAL CARE; KIND NEWS; CAT CAGES) LYNCHBURG LITERACY COUNCIL INC 926 COMMERCE STREET FLOOR 4 LYNCHBURG VA 24504 541345188 501(C)(3) 5000 TO SUPPORT PROGRAMS AND DIRECT SERVICES IN ADULT LITERACY LYNCHBURG SYMPHONY ORCHESTRA 621 COURT STREET LYNCHBURG VA 24504 521304854 501(C)(3) 10545 ANNUAL DONOR-DESIGNATED PAYMENT MEALS ON WHEELS PO BOX 1388 LYNCHBURG VA 24505 237399875 501(C)(3) 17481 TO PROVIDE PROGRAM SUPPORT MENTAL HEALTH AMERICA OF CENTRAL VIRGINIA 2316 ATHERHOLT ROAD SUITE 206 LYNCHBURG VA 24501 540829479 501(C)(3) 7000 TO PROVIDE FUNDING FOR MENTAL HEALTH SUPPORT SERVICES MILLER HOME OF LYNCHBURG 2134 WESTERLY DRIVE LYNCHBURG VA 24501 540505999 501(C)(3) 7714 TO FUND KITCHEN RENOVATION MIRIAM'S HOUSE PO BOX 3196 LYNCHBURG VA 245030196 541606543 501(C)(3) 95626 TO PROVIDE PROGRAM SUPPORT MONACAN INDIAN NATION PO BOX 1136 MADISON HEIGHTS VA 24572 541656446 501(C)(3) 5000 TO FUND PHASE ONE OF "CABIN ON THE HILL" RENOVATION NATIONAL D-DAY MEMORIAL FOUNDATION PO BOX 77 BEDFORD VA 24523 541504679 501(C)(3) 10755 TO PURCHASE ITEMS FOR TRAVELING TRUNKS; UPKEEP OF TRUNKS; MARKETING NEW VISTAS SCHOOL 520 ELDON STREET LYNCHBURG VA 24501 541273630 501(C)(3) 26286 ANNUAL DONOR-DESIGNATED GRANT OPERA ON THE JAMES INC PO BOX 1450 LYNCHBURG VA 24505 562521625 501(C)(3) 13805 ANNUAL DONOR-DESIGNATED GRANT PARKVIEW COMMUNITY MISSION 2420 MEMORIAL AVENUE LYNCHBURG VA 24501 540798225 501(C)(3) 10000 TO FUND ADMINISTRATIVE EXPENSE (SALARY) FOR ONE YEAR PATRICK HENRY FAMILY SERVICES PO BOX 1398 BROOKNEAL VA 24528 540660819 501(C)(3) 15000 TO SUPPORT RESTORATION OF LAW OFFICE AND GRAVESITE POPLAR FOREST PO BOX 419 FOREST VA 24551 541258296 501(C)(3) 6000 TO SUPPORT SHAPING THE WORLD: CONVERSATIONS ON DEMOCRACY PRESBYTERIAN HOMES AND FAMILY SERVICES INC 150 LINDEN AVENUE LYNCHBURG VA 24503 540346118 501(C)(3) 11709 TO PROVIDE ADMINISTRATIVE SUPPORT REACH OUT AND READ VIRGINIA 12929 CHURCH ROAD RICHMOND VA 23233 043481253 501(C)(3) 6500 TO PROVIDE PROGRAM SUPPORT REBUILDING TOGETHER - LYNCHBURG 926 COMMERCE STREET LYNCHBURG VA 24504 541976958 501(C)(3) 9393 TO PROVIDE PROGRAM SUPPORT RIVERMONT AREA EMERGENCY FOOD PANTRY 1000 LANGHORNE ROAD LYNCHBURG VA 24503 546024478 501(C)(3) 6000 TO PURCHASE NON-FOOD NECESSITIES RUSH LIFETIME HOMES 1022 COMMERCE STREET SUITE 3A LYNCHBURG VA 24504 311519694 501(C)(3) 6000 TO SUPPORT THE DEVELOPMENT OF ARMSTRONG PLACE SMART BEGINNINGS OF CENTRAL VIRGINIA PO BOX 10008 LYNCHBURG VA 24506 540505923 501(C)(3) 6500 TO PROVIDE PROGRAM SUPPORT SML GOOD NEIGHBORS INC PO BOX 2 MONETA VA 24121 261274000 501(C)(3) 5000 TO SUPPORT SUMMER ENRICHMENT CAMP IN BEDFORD COUNTY IN 2012 SOCIETY OF ST ANDREW INC 3383 SWEET HOLLOW ROAD BIG ISLAND VA 24526 541285793 501(C)(3) 6000 TO SUPPORT LYNCHBURG AREA FOOD RECOVERY PROJECT SOUTH CENTRAL SPAY AND NEUTER CLINIC 3305 NAVAL RESERVE ROAD LYNCHBURG VA 24501 263842124 501(C)(3) 10309 ANNUAL DONOR-DESIGNATED GRANT SOUTHERN MEMORIAL ASSOCIATION 401 TAYLOR STREET LYNCHBURG VA 24501 541737181 501(C)(3) 5160 ANNUAL DONOR-DESIGNATED GRANT THE ARC OF CENTRAL VIRGINIA 1508 BEDFORD AVE LYNCHBURG VA 24504 237221570 501(C)(3) 10500 TO PURCHASE NEW FURNISHINGS AND EQUIPMENT THE GATEWAY HOUSE INC 300 12TH STREET LYNCHBURG VA 24504 541450248 501(C)(3) 10000 TO SUPPORT THE MUSIC BRIDGE PROGRAM THE LYNCHBURG CHAPTER OF THE LINKS INC 1322 PIERCE STREET LYNCHBURG VA 24501 300710685 501(C)(3) 6000 TO FUND 20 LINKS SCHOLARSHIPS THE SALVATION ARMY 2215 PARK AVENUE LYNCHBURG VA 24501 135562351 501(C)(3) 11459 TO FUND ANNUAL OCCUPANCY COST BUDGETED FOR ONE YEAR FOR THE EMERGENCY SHELTER PROGRAM THE SEDALIA CENTER INC 1108 SEDALIA SCHOOL ROAD BIG ISLAND VA 24526 541578039 501(C)(3) 12470 TO FUND PURCHASE AND INSTALLATION OF TWO WATER HEATERS UNITED WAY OF CENTRAL VIRGINIA 1010 MILLER PARK SQUARE LYNCHBURG VA 24501 540505923 501(C)(3) 15936 ANNUAL DONOR DESIGNATED VCIC 5511 STAPLES MILL RD 202 RICHMOND VA 23228 203188273 501(C)(3) 7500 TO SPONSOR THE PROJECT INCLUSION PROGRAM AT E.C. GLASS HIGH SCHOOL VIRGINIA HUNTERS WHO CARE INC PO BOX 304 BIG ISLAND VA 24526 541650687 501(C)(3) 7000 TO SUPPORT DISTRIBUTION OF VENISON TO THE HUNGRY VIRGINIA LEGAL AID SOCIETY PO BOX 6200 LYNCHBURG VA 24505 510226448 501(C)(3) 6000 TO SUPPORT STRENGTHENING FAMILIES WITH CHILDREN PROGRAM YMCA OF CENTRAL VIRGINIA 801 WYNDHURST DRIVE LYNCHBURG VA 24502 540505924 501(C)(3) 5219 TO SUPPORT THE Y ON WHEELS PROJECT YWCA OF CENTRAL VIRGINIA 626 CHURCH STREET LYNCHBURG VA 24504 540506490 501(C)(3) 13199 PLYMALE FOUNDATION 78 0 SCHOLARSHIPS 40 38806 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE TRUST HAS FINAL APPROVAL OF ALL GRANTS. SCHOLARSHIPS TO INDIVIDUALS ARE MADE BASED ON AN APPROVED PROCESS INVOLVING SCHOLARSHIP COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE SUBMITTING IT TO THE INTERNAL REVENUE SERVICE & A FULL COPY OF THE DRAFT 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUST'S EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REGULARLY REVIEWS ANY CONFLICTS OF INTEREST REPORTED ON THE CONFLICT OF INTEREST QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO RECEIVES AN INFORMAL REVIEW WITH THE BOARD OF DIRECTORS WHICH IS USED TO SUBSTANTIATE THE PRESIDENT/CEO SALARY ADJUSTMENTS. THE BOARD CONSIDERS A VARIETY OF FACTORS IN CONJUNCTION WITH THE INFORMAL REVIEW TO DETERMINE THE PROPER SALARY ADJUSTMENT. DISCUSSION RELATED TO THE PRESIDENT/CEO SALARY ADJUSTMENTS IS DOCUMENTED IN THE ORGANIZATION'S RECORDED BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE TRUST MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THE TRUST'S WEBSITE. THERE IS AN ANNOUNCEMENT ON THE TRUST'S WEBSITE WHICH STATES THAT THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE AT THE TRUST'S OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON CHARITABLE TRUSTS 16,318. ANNUITY LIABILITY ADJUSTMENT -9,614. AUDIT OVERSIGHT PROCESS: FORM 990 PART XII, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS OR RESPONSIBILITY HAS NOT CHANGED FROM THE PRIOR YEAR. GLCT INC 101 PAULETTE CIRCLE SUITE B LYNCHBURG VA 24502 546112680 TO RECEIVE AND ACCEPT PROPERTY TO BE ADMINISTERED EXCLUSIVELY FOR CHARITY VA 501(C)(3) LINE 8 GREATER LYNCHBURG COMMUNITY TRUST 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0