The Greater Lynchburg Community Foundation is proud of its history that spans from the early 1970s to today. Over the years, the GLCF has been privileged to be involved in helping our citizens give back to the community that they care so much about.
Our Origins:
In 1971, an employee of Fidelity National Bank in Lynchburg submitted an idea to form a Community Trust. This innovative idea arose at a time when there were not many of these institutions in the U.S., but it was well-received. In 1972, the Board of Directors of Fidelity National Bank adopted a Resolution and a Declaration of Trust creating the Greater Lynchburg Community Trust. Initial funding came from just three donors: The Plymale Foundation, A.H. Easley, and Nancy Pollock, and totaled $14,000.
From these visionary supporters, and under the able and dedicated guidance of those who followed, the Greater Lynchburg Community Foundation grew exponentially. Having celebrated our 50th anniversary in 2022, the GLCF remains true to its initial goal: to enrich the lives of those living in our community, and has provided over $30 million in grants to local nonprofit organizations to support their work.
Highlights
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
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
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
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
Trustee of The Community Trust
UVB/First National is named a Trustee of The Community Trust.
May 24, 1973
A Second trustee of The Community Foundation
First and Merchants National Bank is named a Trustee of The Community Trust.
June 13, 1973
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
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
Assets reach
The Community Trust’s assets reach $298,000.
September 30, 1988
Declaration of Trust is adopted
A revised Declaration of Trust is adopted to create a Board of Directors.
January 30, 1990
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
First Administrative Assistant
Shanda Rowe joins The Community Foundation as its first Administrative Assistant and full-time employee.
September 01, 1997
Assets exceed $5 million
The Community Trust’s assets exceed $5 million.
September 30, 1997
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
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
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
Assets exceed $15 million.
The Community Foundation’s assets exceed $15 million.
September 30, 2002
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
Assets exceed $20 million.
The Community Trust’s assets exceed $20 million.
September 30, 2004
Returns more than $1 million to the community annually.
The Community Foundation returns more than $1 million to the community annually.
June 30, 2007
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
Annual grants to the community exceed $1.4 million
Annual grants to the community exceed $1.4 million.
June 30, 2010
40th Anniversary
The Community Trust celebrates its 40th Anniversary with over 200 individual named funds.
June 30, 2012
The Community Trust's assets exceed $30 million
The Community Trust's assets exceed $30 million.
October 15, 2012
Bill Bodine is named President and CEO
Bill Bodine is named President and CEO following Stuart Fauber’s retirement.
June 01, 2015
Lynchburg Community Trust Gets a Facelift
The Greater Lynchburg Community Trust changes it's name to The Greater Lynchburg Community Foundation and receives a new logo.
January 01, 2018
Bill Bodine Retires at President & CEO
President and CEO Bill Bodine retires after seven years of service.
June 30, 2022
Kathryn C. Yarzebinski is Named President & CEO
Kathryn C. Yarzebinski becomes the first woman to serve as President & CEO.