2013-02-14T13:19:01-06:00 2012-06-30 560574444 CHERRY BEKAERT LLP P O BOX 1119 LYNCHBURG VA 245051119 990 2011-07-01 546112680 GREATER LYNCHBURG COMMUNITY TRUST GREA 4348456500 101 PAULETTE CIRCLE NO B LYNCHBURG VA 24502 STUART C FAUBER 4348456500 2013-02-13 1 SAMUEL E JOHNSON P00019699 4348476643 2013-02-13 2011 2016-03-07 17:11:31Z STUART C FAUBER 101 PAULETTE CIRCLE NO B LYNCHBURG VA 24502 14024314 0 X WWW.LYNCHBURGTRUST.ORG X 1972 VA DISTRIBUTE CONTRIBUTED FUNDS TO NON-PROFIT ORGANIZATIONS 16 16 3 16 0 0 763735 2354627 0 0 1363357 911414 0 0 2127092 3266041 1332638 1331286 0 0 186614 196753 0 0 83600 93983 98178 1613235 1626217 513857 1639824 29120342 29622750 454568 492123 28665774 29130627 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 CITIES OF LYNCHBURG AND BEDFORD AND THE COUNTIES OF AMHERST, APPOMATTOX, BEDFORD AND CAMPBELL, WITH INCOME DISTRIBUTED ANNUALLY TO CHARITABLE ORGANIZATIONS WITHIN THE COMMUNITY. 0 0 1422624 1331286 423087 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. 1422624 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 0 1 6 0 3 1 0 0 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 ERNIE T GUILL 1.00 X 0 0 0 MS MARYJANE DOLAN 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 DR WILLIAM E GAYLE JR 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 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 MR JOHN R ALFORD JR 1.00 X 0 0 0 MS ELLEN NYGAARD 1.00 X 0 0 0 MR HYLAN T HUBBARD III 1.00 X 0 0 0 MR DAVID A HERRICK 1.00 X 0 0 0 MR MICHAEL V BRADFORD 1.00 X 0 0 0 MR JOHN H SORRELLS 1.00 X 0 0 0 MR MICHAEL A SYREK 1.00 X 0 0 0 MR RONALD H THELIN 1.00 X 0 0 0 MR STUART C FAUBER 40.00 X 110907 0 0 MS CHERYL C HALL 40.00 X 46581 0 0 157488 0 0 1 0 0 0 0 2354627 2354627 488327 488327 11181360 10758273 423087 423087 423087 3266041 423087 0 488327 1301172 1301172 30114 30114 112830 45132 22566 45132 70287 28115 28115 14057 13636 5454 2728 5454 7667 450 7217 7875 7875 10944 7781 3163 12210 3451 7035 1724 9135 3654 3654 1827 12928 12928 2621 87 2534 4475 4475 DEVELOPMENT - ANNIV CEL 5445 5445 PRINTING AND PUBLICATIO 4676 260 4416 TELEPHONE 4601 1840 1840 921 INSURANCE 3617 880 2737 11984 2275 8248 1461 1626217 1422624 119993 83600 140329 120105 1529719 2254672 374199 978090 58146 44334 18287 13812 27057808 26256071 29120342 29622750 539 7308 444946 394198 9083 90617 454568 492123 X 5312143 3797956 1303726 1102962 22049905 24229709 28665774 29130627 29120342 29622750 X 1639824 -1174971 X X 0 1 1 X 0 X 1351852 2312919 649191 763735 2354627 7432324 1351852 2312919 649191 763735 2354627 7432324 2744077 4688247 639228 585954 437797 454522 488327 2605828 10038152 0.46700 0.42200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44 160 310313 2044314 137623 1193663 3688151 25063810 1 1 21861167 2176319 -138889 -866518 -151442 -216953 22663684 19119000 548375 3531642 -971612 -148750 -217488 21861167 17725625 523163 2223706 1009150 -139399 -204945 19119000 20554124 2222063 -2998806 -980039 -732083 -339634 21829137 0.00120 0.99880 0 0 58146 44334 13812 13812 ACCRUED VACATION 10622 CHARITABLE GIFT ANNUITY PAYABLE 79995 90617 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 $192,449 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: 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, 2012 AND 2011, 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 2008. 1 ACADEMY OF FINE ARTS - LYNCHBURG 600 MAIN STREET LYNCHBURG VA 24504 237061145 501(C)(3) 6500 TO FUND THE MAY CARTER POTTERY STUDIO UPDATE PROJECT ADULT CARE CENTER PO BOX 568 LYNCHBURG VA 24503 541297050 501(C)(3) 9931 ANNUAL DONOR-DESIGNATED GRANT ALTAVISTA AREA YMCA PO BOX 149 ALTAVISTA VA 24517 540895639 501(C)(3) 9262 PLYMALE FOUNDATION ALTAVISTACAMPBELL COUNTY HABITAT PO BOX 232 ALTAVISTA VA 24517 541793590 501(C)(3) 8500 TO SUPPORT THE 2011 BUILDING FUND AMAZEMENT SQUARE 27 NINTH STREET LYNCHBURG VA 24504 541713204 501(C)(3) 14337 TO SUPPORT THE SPONSORED ADMISSION PROGRAM BEACON OF HOPE LYNCHBURG PO BOX 1261 LYNCHBURG VA 24505 453797831 501(C)(3) 13200 TO SUPPORT THE ESTABLISHMENT OF TWO CENTERS LOCATED AT E.C. GLASS AND HERITAGE BEDFORD CHRISTIAN MINISTRIES ASSOCIATION INC 217 W WASHINGTON STREET BEDFORD VA 24523 521414405 501(C)(3) 8000 TO SUPPORT THE MILK & EGG VOUCHER PROGRAM BEDFORD COMMUNITY CHRISTMAS STATION INC PO BOX 1353 BEDFORD VA 24523 421710753 501(C)(3) 6500 TO PROVIDE PROGRAM SUPPORT BEDFORD MUSEUM & GENEALOGICAL LIBRARY 210 EAST MAIN STREET BEDFORD VA 24523 521316083 501(C)(3) 7500 TO FUND ADMINISTRATIVE EXPENSE (SALARY) FOR ONE YEAR BLUE RIDGE AREA FOOD BANK PO BOX 937 VERONA VA 24482 521202644 501(C)(3) 9000 TO SUPPORT THE BACKPACK PROGRAM BLUE RIDGE MEDICAL CENTER 4038 THOMAS NELSON HIGHWAY ARRINGTON VA 22922 541222147 501(C)(3) 9000 TO SUPPOR THE HEALTH COMPASS OUTREACH PROGRAM CAMP KUM-BA-YAH INC 4415 BOONSBORO ROAD LYNCHBURG VA 24503 541218073 501(C)(3) 11000 TO PROVIDE CAMPER SCHOLARSHIPS; SUPPORT GARDEN & ENVIRONMENTAL PROGRAM CENTRA FOUNDATION 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 541604094 501(C)(3) 5339 ANNUAL DONOR-DESIGNATED GRANT CENTRAL VIRGINIA AREA AGENCY ON AGING 501 12TH STREET LYNCHBURG VA 24504 510189604 501(C)(3) 6365 TO PURCHASE COMPUTER SERVER SYSTEM, TABLET WITH ACCESSORIES, AND SET UP CENTRAL VIRGINIA MISSION TEAM 1827 ROYAL OAK DRIVE LYNCHBURG VA 24503 262998759 501(C)(3) 17877 FOR MEDICAL CARE IN MORANT BAY, JAMAICA (ST. THOMAS PARISH). CHILDREN'S MIRACLE NETWORK 1900 TATE SPRINGS ROAD LYNCHBURG VA 24501 541391700 501(C)(3) 5267 ANNUAL DONOR-DESIGNATED GRANT CHURCHES FOR URBAN MINISTRY 1022 FLOYD STREET LYNCHBURG VA 24501 541315808 501(C)(3) 14376 TO SUPPORT CAMP TIMOTHY 2012 COALITION FOR HIV AWARENESS AND PREVENTION PO BOX 161 LYNCHBURG VA 24506 311736924 501(C)(3) 6500 TO SUPPORT THE CENTRAL VIRGINIA HIV TESTING & COUNSELING PROJECT COUPLES & KIDS PO BOX 1338 FOREST VA 24551 542033982 501(C)(3) 7500 TO FUND PROJECT HOPE DANCE THEATRE OF LYNCHBURG 722 COMMERCE STREET LYNCHBURG VA 24504 541952721 501(C)(3) 5000 TO PURCHASE EQUIPMENT FOR THE MIXED MEDIA AND VISUAL ARTS PROGRAM ELIZABETH'S EARLY LEARNING CENTER 2320 BEDFORD AVENUE LYNCHBURG VA 24503 541808771 501(C)(3) 282700 TO FUND PLAYGROUND RENOVATIONS ENDSTATION THEATRE COMPANY PO BOX 128 SWEET BRIAR VA 24595 204962047 501(C)(3) 5000 TO PROVIDE PROGRAM SUPPORT FAITH CHRISTIAN ACADEMY PO BOX 670 HURT VA 24563 541466895 501(C)(3) 5582 ANNUAL DONOR-DESIGNATED GRANT FREE CLINIC OF CENTRAL VIRGINIA 1016 MAIN STREET LYNCHBURG VA 24504 541420756 501(C)(3) 13437 ANNUAL DONOR-DESIGNATED GRANT FRIENDS OF THE LYNCHBURG PUBLIC LIBRARY 2315 MEMORIAL AVENUE LYNCHBURG VA 24501 546059813 501(C)(3) 16262 ANNUAL DONOR-DESIGNATED GRANT HISTORIC VIRGINIA CHAPTERAMERICAN RED CROSS 1007 SHEFFIELD DRIVE LYNCHBURG VA 24502 530196605 501(C)(3) 7500 TO SUPPORT DISASTER RELIEF EFFORTS IN OUR SERVICE AREA INTERFAITH OUTREACH ASSOCIATION PO BOX 1125 LYNCHBURG VA 24505 541214253 501(C)(3) 15687 TO SUPPORT THE EMERGENCY ASSISTANCE PROGRAM JEFFERSON CHORAL SOCIETY 600 MAIN STREET LYNCHBURG VA 24504 541554423 501(C)(3) 8500 TO SUPPORT CARMINA BURANA APRIL 2012 MAJOR WORKS CONCERT JUBILEE FAMILY DEVELOPMENT CENTER 1512 FLORIDA AVENUE LYNCHBURG VA 245014112 541881948 501(C)(3) 19037 ANNUAL DONOR-DESIGNATED GRANT KIDS' HAVEN 325-12TH STREET LYNCHBURG VA 24504 541920136 501(C)(3) 5000 YOUTH PHILANTHROPY L'ARCHE BLUE RIDGE MOUNTAINS PO BOX 2242 LYNCHBURG VA 24505 542028731 501(C)(3) 6800 TO SUPPORT THE PURCHASE OF A HANDICAPPED ACCESSIBLE VEHICLE LEGACY PROJECT INC PO BOX 308 LYNCHBURG VA 24505 541771178 501(C)(3) 10068 ANNUAL DONOR-DESIGNATED GRANT LYNCHBURG AREA CENTER FOR INDEPENDENT LIVING 500 ALLEGHANY AVENUE SUITE 520 LYNCHBURG VA 24501 541913481 501(C)(3) 5000 TO SUPPORT THE DIRECT SERVICES PROJECT LYNCHBURG CITY SCHOOLS EDU FDN INC PO BOX 2497 LYNCHBURG VA 245051599 541385200 501(C)(3) 13643 TO PROVIDE GENERAL PROGRAM SUPPORT LYNCHBURG COLLEGE 1501 LAKESIDE DR LYNCHBURG VA 24501 540505922 501(C)(3) 17990 SCHOLARSHIP FOR NYELE NAPOLEONI LYNCHBURG COMMUNITY ACTION GROUP 926 COMMERCE STREET LYNCHBURG VA 24504 540797340 501(C)(3) 6000 TO PROVIDE EMERGENCY SHELTER AND SUPPORT SERVICES TO THE HOMELESS LYNCHBURG COVENANT FELLOWSHIP INC PO BOX 6016 LYNCHBURG VA 24505 546026892 501(C)(3) 12000 TO PURCHASE PLAYGROUND EQUIPMENT LYNCHBURG DAILY BREAD INC 721 CLAY STREET LYNCHBURG VA 24504 521268749 501(C)(3) 20471 PLYMALE FOUNDATION LYNCHBURG GROWS PO BOX 12039 LYNCHBURG VA 24506 200934133 501(C)(3) 9219 ANNUAL DONOR-DESIGNATED GRANT LYNCHBURG HISTORICAL FOUNDATION INC PO BOX 248 LYNCHBURG VA 24505 237283283 501(C)(3) 9053 TO SUPPORT RESTORATION OF THE MILLER CLAYTOR HOUSE LYNCHBURG HUMANE SOCIETY 3305 NAVAL RESERVE ROAD LYNCHBURG VA 24501 540570901 501(C)(3) 15950 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 SHELTERED INDUSTRIES PO BOX 10905 LYNCHBURG VA 24501 540741120 501(C)(3) 9000 TO SUPPOR THE RESTROOM RENOVATION PROJECT LYNCHBURG SYMPHONY ORCHESTRA 621 COURT STREET LYNCHBURG VA 24504 521304854 501(C)(3) 9893 ANNUAL DONOR-DESIGNATED PAYMENT MARY BETHUNE ACADEMY 2249 HALIFAX STREET LYNCHBURG VA 24502 540541800 501(C)(3) 11000 TO FUND THE INFANT TODDLER PLAYGROUND PROJECT MEALS ON WHEELS PO BOX 1388 LYNCHBURG VA 24505 237399875 501(C)(3) 16940 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) 14734 TO FUND KITCHEN RENOVATION MIRIAM'S HOUSE PO BOX 3196 LYNCHBURG VA 245030196 541606543 501(C)(3) 96537 TO PROVIDE PROGRAM SUPPORT NATIONAL D-DAY MEMORIAL FOUNDATION PO BOX 77 BEDFORD VA 24523 541504679 501(C)(3) 15546 TO PURCHASE ITEMS FOR TRAVELING TRUNKS; UPKEEP OF TRUNKS; MARKETING NEW VISTAS SCHOOL 520 ELDON STREET LYNCHBURG VA 24501 541273630 501(C)(3) 27111 ANNUAL DONOR-DESIGNATED GRANT OPERA ON THE JAMES INC PO BOX 1450 LYNCHBURG VA 24505 562521625 501(C)(3) 11568 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 MEMORIAL FOUNDATION 1250 RED HILL ROAD BROOKNEAL VA 24528 540662892 501(C)(3) 9000 TO SUPPORT RESTORATION OF LAW OFFICE AND GRAVESITE POPLAR FOREST PO BOX 419 FOREST VA 24551 541258296 501(C)(3) 7000 TO SUPPORT SHAPING THE WORLD: CONVERSATIONS ON DEMOCRACY PRESBYTERIAN HOMES AND FAMILY SERVICES INC 150 LINDEN AVENUE LYNCHBURG VA 24503 540346118 501(C)(3) 14138 TO PROVIDE ADMINISTRATIVE SUPPORT REACH OUT AND READ VIRGINIA 12929 CHURCH ROAD RICHMOND VA 23233 043481253 501(C)(3) 5000 TO PROVIDE PROGRAM SUPPORT REBUILDING TOGETHER - LYNCHBURG 926 COMMERCE STREET LYNCHBURG VA 24504 541976958 501(C)(3) 9000 TO PROVIDE PROGRAM SUPPORT RIVERMONT AREA EMERGENCY FOOD PANTRY 1000 LANGHORNE ROAD LYNCHBURG VA 24503 546024478 501(C)(3) 8000 TO PURCHASE NON-FOOD NECESSITIES SMART BEGINNINGS OF CENTRAL VIRGINIA PO BOX 10008 LYNCHBURG VA 24506 540505923 501(C)(3) 6179 TO PROVIDE PROGRAM SUPPORT SML GOOD NEIGHBORS INC PO BOX 2 MONETA VA 24121 261274000 501(C)(3) 6500 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) 6118 TO SUPPORT LYNCHBURG AREA FOOD RECOVERY PROJECT SOUTH CENTRAL AREA HEALTH EDUCATION CENTER 119 MAIN STREET HURT VA 24563 541803039 501(C)(3) 5000 TO PURCHASE INSTRUCTIONAL ITEMS AND SUPPLIES TO SUPPORT THE PRACTICAL NURSING CIRRICULUM SOUTH CENTRAL SPAY AND NEUTER CLINIC 3305 NAVAL RESERVE ROAD LYNCHBURG VA 24501 263842124 501(C)(3) 18719 ANNUAL DONOR-DESIGNATED GRANT SOUTHERN MEMORIAL ASSOCIATION 401 TAYLOR STREET LYNCHBURG VA 24501 541737181 501(C)(3) 5073 ANNUAL DONOR-DESIGNATED GRANT STEP WITH LINKS PROGRAM 2700 LANGHORNE ROAD LYNCHBURG VA 245011606 546001406 501(C)(3) 7133 TO PROVIDE PROGRAM SUPPORT THE ARC OF CENTRAL VIRGINIA 1508 BEDFORD AVE LYNCHBURG VA 24504 237221570 501(C)(3) 8000 TO PURCHASE NEW FURNISHINGS AND EQUIPMENT THE ELLINGTON FELLOWSHIP PLAYHOUSE 421 RIVERMONT AVENUE LYNCHBURG VA 24503 541301705 501(C)(3) 7500 TO SUPPORT THE MUSIC BRIDGE PROGRAM THE SEDALIA CENTER INC 1108 SEDALIA SCHOOL ROAD BIG ISLAND VA 24526 541578039 501(C)(3) 5600 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) 24528 ANNUAL DONOR-DESIGNATED GRANT VCIC 5511 STAPLES MILL RD 202 RICHMOND VA 23228 203188273 501(C)(3) 6000 TO SPONSOR THE PROJECT INCLUSION PROGRAM AT E.C. GLASS HIGH SCHOOL VIRGINIA CENTER FOR THE CREATIVE ARTS 154 SAN ANGELO DRIVE AMHERST VA 24521 237136000 501(C)(3) 5000 TO SUPPORT A RENOVATION PROJECT FOR THE ENERGY SYSTEMS THROUGHOUT THE CAMPUS VIRGINIA HUNTERS WHO CARE INC PO BOX 304 BIG ISLAND VA 24526 541650687 501(C)(3) 15110 TO SUPPORT DISTRIBUTION OF VENISON TO THE HUNGRY VIRGINIA LEGAL AID SOCIETY PO BOX 6200 LYNCHBURG VA 24505 510226448 501(C)(3) 7000 TO SUPPORT STRENGTHENING FAMILIES WITH CHILDREN PROGRAM YMCA OF CENTRAL VIRGINIA 801 WYNDHURST DRIVE LYNCHBURG VA 24502 540505924 501(C)(3) 27725 TO SUPPORT THE Y ON WHEELS PROJECT 75 0 SCHOLARSHIPS 40 30114 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 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,175,561. UNREALIZED GAIN ON CHARITABLE TRUSTS 590. TOTAL TO FORM 990, PART XI, LINE 5: -1,174,971. 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