Carter Bank and Trust Honored with 2024 Chancellor's Award for Leadership in Philanthropy

May 6, 2024
In the photo: Renee Hodges, Tiffani Underwood, Maurice Jones, Dr. David Dore, Loran Adams, Lisa France, Bill Kirby, Beverly Lyle, and Dr. Greg Hodges
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In the photo: Renee Hodges, Tiffani Underwood, Maurice Jones, Dr. David Dore, Loran Adams, Lisa France, Bill Kirby, Beverly Lyle, and Dr. Greg Hodges

Carter Bank and Trust of Martinsville, Virginia, has received the 18th Annual Chancellor’s Award for Leadership in Philanthropy. The organization was nominated for the award by Patrick & Henry Community College.

Hosted by the Virginia Foundation for Community College Education (VFCCE), more than two dozen individuals, families, and organizations have earned the 2024 Chancellor’s Award for Leadership in Philanthropy. The awards were presented at a luncheon ceremony in Richmond on Tuesday, April 16, 2024. VCCS Chancellor Dr. David Doré served as emcee, and The Honorable Maurice Jones was featured as the keynote speaker.

“Virginia’s growth, prosperity, and well-being depend on the success of our community college system and the success of our students,” said Jones. “From childcare and housing assistance to reducing food insecurity, we must care and invest in the whole student for students and the Commonwealth to be successful.”

This year’s class of distinguished philanthropy leaders has collectively contributed $17 million dollars to Virginia’s Community Colleges. With appreciation to event sponsors and the VFCCE, each college will receive $3,000 in honor of their philanthropy leader to support the college’s student success fund.  

Carter Bank & Trust has been a valued corporate partner to Patrick & Henry Community College for over 10 years. In addition to the financial and in-kind donations they have made over the years, they also take an active role in volunteering with the college. Employees from the bank serve on the P&HCC Foundation Board of Directors and on Business and Industry Leadership Councils helping to advise the college on local employer needs. In 2023, Carter reinvested a $48,000 jobs retention grant award back into the community by donating it to the Patrick & Henry Community College Foundation to support workforce development efforts furthering their longstanding commitment to Patrick & Henry Community College and to the region.

“In the world of philanthropy, there are relationships and then there are partnerships. While both are important, it is the latter that creates transformational opportunities for change and improves the quality of life of a local citizenry. For well over a decade, Carter Bank & Trust has partnered with Patrick & Henry Community College to help us fulfill our mission of economic mobility for our community. Their investments, their volunteerism, and their leadership have strengthened our college and the region that we serve in innumerable ways,” said P&HCC president Dr. Greg Hodges.