A minimum of $10,000 is needed to endow a new fund. Estate gifts of less than $10,000 cannot create a new fund, but can benefit an existing fund. 

The following may be used to give to an existing fund: 

I hereby give and bequeath to The Greater Lynchburg Community Foundation, Lynchburg, Virginia (EIN #54-6112680) ______% of my residuary estate / $_______ / the residue of my estate to benefit The ___________________ Fund, which is held and administered by The Greater Lynchburg Community Foundation. 

The following may be used to create a new fund: 

I hereby give and bequeath to The Greater Lynchburg Community Foundation, Lynchburg, Virginia (EIN #54-6112680) ______% of my residuary estate / $_______ / the residue of my estate in order to establish The ___________________ Fund to be held and administered by The Greater Lynchburg Community Foundation. 

Donors who plan to create a new fund via their estate should complete a fund agreement as a part of their estate planning, during their lifetime. This document allows the GLCF to clearly understand the donor's wishes, and to educate the donor on what kinds of funds are available.

Many donors establish a fund during their lifetime, and the bequest language in the last will and testament may refer to an addition to that fund.

This makes the estate executor’s job easier since the donor's wishes have been clearly established during their lifetime. 

Donors who notifiy the GLCF that they have included the GLCF in their estate plan are eligible to be recognized in The Legacy Society. 

For more information, please contact our office at 434-845-6500 or This email address is being protected from spambots. You need JavaScript enabled to view it.. 

• Donor Designated Fund
• Donor-Advised Fund
• Field of Interest Fund
• Scholarship Fund
• Temporary Fund
• Unrestricted Fund

• Current gifts
• Life insurance
• Bequests
• Charitable Gift Annuity
• Charitable Remainder Trust
• Charitable Lead Trust

4. Transfer the assets.

The following banks are approved trustee banks:

• Bank of America
• Truist
• Wells Fargo

• CAPTRUST
• Flippin, Bruce & Porter
• Pettyjohn, Wood & White, Inc.

In your role as a professional advisor, your clients look to you for advice on their long-term charitable giving strategy. The Greater Lynchburg Community Foundation would like to help your clients create a lasting legacy. The GLCF offers flexibility in the types of funds a donor may establish as well as the types of assets that we accept.

Your clients who give to one or more charitable causes, who are considering creating a private foundation, or who would like to stay personally involved in their donation would benefit from considering a donation to The Greater Lynchburg Community Foundation. 

• Advantages of The Community Foundation
• How to Donate
• Types of Funds
• Establishing a Fund
• Sample Bequest Language
• Advantages of a Community Foundation vs. a Private Foundation

 Please call our office at 434-845-6500 or email This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.

"I was recently asked by a valued client and personal friend to assist him in facilitating a gift to the Greater Lynchburg Community Foundation. I was extremely pleased with the way the GLCF handled all of the questions we had. The President’s ability to explain and   answer all of our concerns was a great benefit to my client, who was able to make a gift that honored his late wife. All was accomplished exactly as planned and was greatly appreciated. It was a pleasure working with the GLCF and I would encourage others to do the   same.”

--Tom Hodges, Hodges Insurance Agency, Lynchburg, May 2024

Information for Estate Planning Attorneys, Tax Advisors, and Financial Planners 

At the Greater Lynchburg Community Foundation, we work closely with professional advisors to help clients incorporate charitable giving into their long-term financial and legacy plans. Whether a client wishes to establish an endowed fund, leave a bequest, or explore other planned giving options, we provide the expertise and flexibility to ensure their philanthropic vision is honored for generations to come.

By partnering with us, you gain a trusted resource to help clients maximize their charitable impact while achieving their financial and tax planning goals. We are here to support you with personalized guidance, charitable giving strategies, and resources to make the process seamless.

Let’s work together to create meaningful, lasting legacies for your clients and the community.

The Greater Lynchburg Community Foundation is a 501(c)(3) nonprofit,  EIN 54-6112680.

We were originally founded as the Greater Lynchburg Community Trust. 

Office & Mailing Address: 1100 Commerce Street, Lynchburg, Virginia 24504

Phone: 434.845.6500
Email: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Five Reasons to Refer your Client to the GLCF 

1. Our long history and deep understanding of the local community allows us to help your clients make the meaningful impact they envision in the place they call home.
2. We provide tailored giving solutions designed to align with each client’s unique charitable goals and financial plans.
3. As a public charity, the GLCF offers the maximum charitable tax deductions permitted under current law.
4. We offer low administrative fees (1%), ensuring more resources go toward philanthropy.
5. Once an endowed fund is created at the GLCF, we will administer it in perpetuity according to your client's wishes.

We are happy to collaborate with you, the donor's trusted advisor. 

Help Your Client Create Their Charitable Legacy

In your role as a professional advisor, we know your clients look to you for advice on their long-term charitable giving desires. The Greater Lynchburg Community Foundation would like to help your clients create...read more

Establishing a Fund

Creating a fund with The Greater Lynchburg Community Foundation is very simple. We would be happy to help you and your clients with...read more

Sample Bequest Language

To assist you in creating a bequest to The Greater Lynchburg Community Foundation in your client’s last will and testament, we have provided sample language that will help us to better understand the wishes of...read more

Community Foundation vs. Private Foundation

The benefits of a community foundation...read more