Nonprofit · EIN 54-6112680
GREATER LYNCHBURG COMMUNITY FOUNDATION
Tax-exempt · LYNCHBURG, VA 24504
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,540,959 | $3,382,981 | $6,157,978 | $75,653,704 | $9,535,385 | $66,118,319 |
| June 30, 2024 | 990 | $5,047,252 | $3,102,251 | $1,945,001 | $67,554,642 | $9,261,812 | $58,292,830 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,609,822
- Program service revenue
- $64,518
- Investment income
- $4,863,869
- Net gain from sales of assets
- $2,880,938
- Net income from fundraising events
- $2,750
- Other revenue
- $2,750
Expenses
- Grants and similar amounts paid
- $2,489,799
- Compensation of officers, directors and key employees
- $127,120
- Other salaries and wages
- $145,430
- Salaries, compensation and benefits (total)
- $299,629
- Professional fundraising fees
- $0
- Legal fees
- $3,383
- Accounting fees
- $8,950
- Occupancy
- $19,892
- Depreciation
- $6,012
- Program services (functional)
- $3,065,957
- Management and general (functional)
- $199,890
- Fundraising (functional)
- $117,134
Balance sheet and other
- Total assets, start of year
- $67,554,642
- Total assets, end of year
- $75,653,704
- Total liabilities, end of year
- $9,535,385
- Net assets, end of year
- $66,118,319
- Land, buildings and equipment
- $12,439
- Publicly traded securities
- $68,376,072
- Net assets without donor restrictions
- $10,879,832
- Net assets with donor restrictions
- $55,238,487
- Gross receipts
- $20,056,409
- Employees
- 5
- Volunteers
- 14
- Year formed
- 1972
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MS KATHRYN C YARZEBINSKI | PRESIDENT/CEO Officer | 40 | $123,350 |
| CHERYL HALL | SECRETARY Officer | 40 | $66,525 |
| MS SUSAN G ACKLEY | DIRECTOR Trustee or director | 1 | $0 |
| MS AMANDA STANLEY | DIRECTOR Trustee or director | 1 | $0 |
| MS JENNIFER BRYANT-FOSTER | DIRECTOR Trustee or director | 1 | $0 |
| MR ROBERT W CARTER JR | DIRECTOR Trustee or director | 1 | $0 |
| MS JANICE M MARSTON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MR LINZIE B JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
| MS KAREN S SIMONTON | DIRECTOR Trustee or director | 1 | $0 |
| MS CHRISTINA DELZINGARO | DIRECTOR Trustee or director | 1 | $0 |
| MS KATRINA RICE | DIRECTOR Trustee or director | 1 | $0 |
| MR JOHN M STONE | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MR SHAWN D STONE | DIRECTOR Trustee or director | 1 | $0 |
| DR VERNA SELLERS | DIRECTOR Trustee or director | 1 | $0 |
| MR ROGER JOHNSON | DIRECTOR Trustee or director | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MS SARAH HOUCK | DIRECTOR Trustee or director | 1 | $0 |
| MR JOHN WALKER | DIRECTOR Trustee or director | 1 | $0 |
| MR JOHN C WATERWORTH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MS KATHRYN C YARZEBINSKI | PRESIDENT/CEO Officer | 40 | $121,040 | $4,620 |
| MS SUSAN G ACKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR G CARL BOGGESS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS JENNIFER BRYANT-FOSTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS REGINA W CARTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS JANICE M MARSTON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MR LINZIE B JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS KAREN S SIMONTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS CHRISTINA DELZINGARO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS KATRINA RICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR JOHN M STONE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MR SHAWN D STONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR VERNA SELLERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR ROGER JOHNSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS SARAH HOUCK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR JOHN WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR JOHN C WATERWORTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHERYL HALL | SECRETARY Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 COMMERCE ST, LYNCHBURG, VA 24504-1704
- Principal officer (990 for 2024)
- KATHRYN YARZEBINSKI, 1100 COMMERCE ST, LYNCHBURG, VA 24504
- Signed the 990
- KATHRYN YARZEBINSKI, PRESIDENT/CEO
- Phone
- (434) 845-6500
- Website
- WWW.LYNCHBURGFOUNDATION.ORG
- Return prepared by
- DAVIDSON DOYLE & HILTON LLP
Mission
TO RECEIVE CHARITABLE CONTRIBUTIONS FROM THE PUBLIC, ADMINISTERING, AND INVESTING THOSE GIFT RESOURCES, AND DISTRIBUTING THE EXPENDABLE PORTIONS OF THE RESOURCES AND THEIR EARNINGS FOR THE BENEFIT OF CHARITABLE RECIPIENTS IN THE LOCAL AREA.
Program accomplishments
- GRANTS ARE MADE TO 501(C)(3) ORGANIZATIONS FROM DONOR-ADVISED, DESIGNATED, FIELD OF INTEREST, SCHOLARSHIP, AND UNRESTRICTED ENDOWMENT FUNDS. THE FOUNDATION HAS FINAL APPROVAL OF ALL GRANTS.Expenses $2,863,761 · grants $2,287,603
- SCHOLARSHIPS TO INDIVIDUALS ARE MADE BASED ON AN APPROVED PROCESS INVOLVING SCHOLARSHIP COMMITTEES. THERE WERE 159 SCHOLARSHIPS AWARDED IN FY 25.Expenses $202,196 · grants $202,196
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-6112680
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $75,653,704
- Income (IRS master file)
- $20,056,409
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,540,959 | $3,382,981 | $75,653,704 | XML |
| 990 | June 2024 | $5,047,252 | $3,102,251 | $67,554,642 | XML |
| 990 | June 2023 | $6,007,630 | $2,917,216 | $60,177,320 | IRS |
| 990 | June 2022 | $7,629,220 | $2,791,903 | $53,758,298 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6112680).
Questions about GREATER LYNCHBURG COMMUNITY FOUNDATION
- What is the EIN of GREATER LYNCHBURG COMMUNITY FOUNDATION?
- The employer identification number (EIN) of GREATER LYNCHBURG COMMUNITY FOUNDATION is 54-6112680.
- Is GREATER LYNCHBURG COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to GREATER LYNCHBURG COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER LYNCHBURG COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER LYNCHBURG COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER LYNCHBURG COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of GREATER LYNCHBURG COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names KATHRYN YARZEBINSKI.
- Who are the officers and directors of GREATER LYNCHBURG COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 18 people; 2 received compensation from the organization, the highest $123,350 (MS KATHRYN C YARZEBINSKI, PRESIDENT/CEO).
- How much revenue does GREATER LYNCHBURG COMMUNITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,540,959, expenses of $3,382,981 and total assets of $75,653,704 at year end.
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All nonprofits in LYNCHBURG · Virginia · Philanthropy, voluntarism and grantmaking foundations