"The GLCF has been an awesome partner. Their knowledge of Lynchburg has been very helpful and has enabled my family and me to make more informed and targeted decisions. The staff is excellent and the investment returns have been very competitive. It is very satisfying to know that our funds are in great hands and that for far into the future our support of the Lynchburg community will continue.”
--Mr. Lemuel Lewis, who has created 5 funds with the GLCF
Dunbar High School '65
UVA '69
UVA Darden School of Business '72
CFO of Landmark Communications
Founder of IvMedia LLC
Former member, UVA Board of Visitors
Past Chair of the Federal Reserve Bank in Richmond, Virginia
Community Impact
Our single mission as a community foundation is to enhance the lives of our neighbors in need. Through our relationship with local charitable organizations, we ensure that your donations are given back to the community in the most effective manner possible. We are dedicated to maintaining your charitable intent.
The GLCF staff Board of Directors are active members of our community and represent our entire service area. Grant decisions are made with our area's unique needs in mind. Resources such as the Community Health Needs Assessment are reviewed and taken into consideration.
Lasting Effect
The GLCF builds endowed funds that will grow and benefit the community in perpetuity. We help donors create an individual or family legacy through named funds that will continue to impact the needs of our area for generations.
Flexibility
We want your experience with the GLCF to be an easy and fulfilling one. We offer a personalized donor service by offering a variety of simple, flexible, and effective options in the types of funds that can be established and the types of assets that may be donated. Funds can be established with a simple agreement, and we will guide you through the process. We will handle the administrative details of establishing and growing your fund.
Investment Management
Funds established with the GLCF are managed by qualified investment managers. While funds are commingled for investment purposes, each fund is tracked separately. The Board of Directors is actively involved in the growth of the GLCF through prudent investment policies and an internal investment committee that regularly reviews investment performance.
Cost Effective
The GLCF is dedicated to conducting business with low-cost administration. Less than 1% of the market value of the funds is used for administrative costs annually.
Tax Advantages
Not only will you experience the satisfaction of meeting the needs of your community, but your donation is also eligible for tax advantages allowed for income and estate tax purposes.
Recognition
Your fund may be recognized for providing grants to local charities, or your giving may remain anonymous.