2025-08-14T16:42:16-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2023-10-01 205521424 THE WESTMINSTER CANTERBURY OF LYNCHBURG FOUNDATION INC WEST 4343863500 501 VES ROAD LYNCHBURG VA 24503 PAUL SHELTON TREASURER & CFO 4343863500 2025-08-14 1 1 KATHERINE A WARLICK P02065266 7049985200 2025-08-14 2023 2025-03-06 01:10:19Z PAUL SHELTON 501 VES ROAD LYNCHBURG VA 24503 1232182 0 X WWW.WCLYNCHBURG.ORG X 2006 VA SEE SCHEDULE O FOR OUR ORGANIZATION'S VISION STATEMENTOUR ORGANIZATION'S VISION IS TO GROW OUR RESOURCES THROUGH MINDFUL STEWARDSHIP IN SUPPORT OF THE FINANCIAL NEEDS OF OUR RESIDENTS AND STAFF MEMBERS. 18 16 0 17 0 0 760580 614586 0 0 231701 617596 0 0 992281 1232182 228165 341089 0 0 0 0 0 0 0 104639 184658 332804 525747 659477 706435 9580215 11751790 0 0 9580215 11751790 X SEE SCHEDULE O FOR OUR ORGANIZATION'S FULL MISSION STATEMENTOUR ORGANIZATION'S MISSION IS TO RAISE FUNDS TO BENEFIT AND ENHANCE THE SERVICES, PROGRAMS, FELLOWSHIP NEEDS, AND FACILITIES OF WESTMINSTER CANTERBURY OF LYNCHBURG, INC. AND INCREASE AWARENESS OF WESTMINSTER CANTERBURY OF LYNCHBURG'S COMMITMENT TO EXCELLENCE IN SENIOR LIVING. 0 0 525747 341089 THE FOUNDATION DEVELOPS COMMUNITY RESOURCES AND AWARENESS THAT SUPPORT THE MISSION AND STANDARD OF EXCELLENCE OF WESTMINSTER CANTERBURY OF LYNCHBURG, INC WITHIN THE CENTRAL VIRGINIA COMMUNITY AND TO FOSTER PUBLIC AWARENESS AND EDUCATION. 525747 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 18 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X X PAUL SHELTON 4346608326 501 VES ROAD LYNCHBURG VA 24503 SEAN M HUYETT PRESIDENT 2.00 38.00 X X 0 351278 72219 THOMAS S MIGNOGNA CHAIRMAN 2.00 0.00 X X 0 0 0 WILLIAM GAYLE VICE-CHAIR 2.00 0.00 X X 0 0 0 CHARLOTTE A FISCHER BOARD MEMBER EMERITUS 2.00 0.00 X 0 0 0 GEORGE T BATTLE JR DIRECTOR 2.00 0.00 X 0 0 0 JANET BROWN DIRECTOR 2.00 0.00 X 0 0 0 ROBERT P BROWN DIRECTOR 2.00 0.00 X 0 0 0 SAMUEL P CARDWELL DIRECTOR 2.00 0.00 X 0 0 0 ROBERT R CHAPMAN III DIRECTOR 2.00 0.00 X 0 0 0 GENA DAVIDSON DIRECTOR 2.00 0.00 X 0 0 0 JONATHAN E DAVIES DIRECTOR 2.00 0.00 X 0 0 0 JOAN F FOSTER DIRECTOR 2.00 0.00 X 0 0 0 FRANCES C MARSHALL DIRECTOR 2.00 0.00 X 0 0 0 JOHN THOMAS MCCARTHY DIRECTOR 2.00 0.00 X 0 0 0 H VICTOR MILLNER JR DIRECTOR 2.00 0.00 X 0 0 0 IDA POWELL DIRECTOR 2.00 0.00 X 0 0 0 DAVID YOUNG DIRECTOR 2.00 0.00 X 0 0 0 ELIZABETH M ZELLNER DIRECTOR 2.00 0.00 X 0 0 0 MARIANNE SANFORD VP OF DEVELOPMENT 2.00 38.00 X 0 111347 18019 PAUL SHELTON TREASURER 2.00 38.00 X 0 205938 15927 0 668563 106165 0 0 1 0 0 614586 614586 214315 214315 403281 0 403281 403281 403281 1232182 0 0 617596 341089 341089 DONOR RESTRICTED EXPENS 183098 183098 MISCELLANEOUS 1560 1560 525747 525747 0 0 453784 737507 9117788 11005640 8643 8643 9580215 11751790 0 0 X 3098030 5179741 6482185 6572049 9580215 11751790 9580215 11751790 706435 1465140 0 X X 0 1 X 1 0 X X 1 WESTMINSTER OF CANTERBURY LYNCHBURG 540988608 10 1 341089 0 1 341089 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MARKETABLE EQUITY SECURITIES 11005640 F 11005640 X PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3). THE WESTMINSTER-CANTERBURY OF LYNCHBURG FOUNDATION FILES AS A TAX EXEMPT ORGANIZATION. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE TAX-EXEMPT STATUS OF THE ORGANIZATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE ORGANIZATION. THE WESTMINSTER-CANTERBURY OF LYNCHBURG FOUNDATION FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. 1 WESTMINSTER CANTERBURY OF LYNCHBURG INC 501 VES ROAD LYNCHBURG VA 24503 540988608 501(C)(3) 341089 0 GENERAL SUPPORT OF THE CHARITABLE PURPOSES OF WCL PART I, LINE 2: AS A SUPPORTING ORGANIZATION TO WESTMINSTER-CANTERBURY OF LYNCHBURG, THE ORGANIZATION WORKS IN CLOSE CONTACT WITH WCL TO FUND VARIOUS CHARITABLE PURPOSES OF WCL. 0 1 0 0 0 0 0 0 0 SEAN M HUYETT PRESIDENT 0 320278 0 0 0 31000 0 50293 0 21926 0 423497 0 0 PAUL SHELTON TREASURER 0 175938 0 0 0 30000 0 15927 0 0 0 221865 0 0 PART I, LINE 4B DURING THE YEAR, THE ORGANIZATION CONTRIBUTED THE FOLLOWING AMOUNTS TO A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: SEAN HUYETT $20,000 PAUL SHELTON $10,000 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR AND VICE CHAIR OF THE BOARD OF DIRECTORS OF THE FOUNDATION REVIEW THE 990 IN DETAIL BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 IN THE PAST, THE BOARD OF TRUSTEES OF WESTMINSTER-CANTERBURY OF LYNCHBURG, A RELATED ORGANIZATION, HAS ENGAGED A FIRM THAT SPECIALIZES IN EXECUTIVE COMPENSATION TO REVIEW THE TOTAL COMPENSATION PACKAGE FOR THE CEO. FROM THAT REVIEW, THE ORGANIZATION HAS CONTINUED TO UPDATE THE CEO'S SALARY ON AN ANNUAL BASIS. ALSO, IN CONJUNCTION WITH THE CEO COMPENSATION ENGAGEMENT, THE FIRM PERFORMED A REVIEW OF SENIOR LEVEL STAFF COMPENSATION. THE ORGANIZATION ALSO USES THAT REVIEW AS A BASIS FOR ANNUAL COMPENSATION ADJUSTMENTS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 18 A COPY OF THE FORM 990 IS PLACED IN THE LIBRARY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE ORGANIZATION KEEPS A COPY OF THE AUDITED FINANCIAL STATEMENTS AND FORM 990 IN THE LIBRARY FOR PUBLIC ACCESS. THE ORGANIZATION ALSO SUBMITS QUARTERLY STATEMENTS TO THE MSRB DATA SITE. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR. WESTMINSTER CANTERBURY OF LYNCHBURG 501 VES ROAD LYNCHBURG VA 24503 540988608 TO OPERATE A NOT-FOR-PROFIT CONTINUING RETIREMENT COMMUNITY. VA 501(C)(3) LINE 10 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0