Petersburg Home For Ladies Inc.

Petersburg Home For Ladies Inc. is an operating 501(c)(3) charity — a residential and assisted-living community for elderly women in Petersburg, VA, founded in 1925 — not a grantmaking foundation. IRS Form 990-PF data shows $0 in grants paid to third parties in every fiscal year on record from 2011 through 2023. It carries a 'grantmaker' flag in nonprofit databases because, as a private foundation (foundation code 02), it files a 990-PF, but its reported 'total giving' figures (e.g., $4.97M in FY2023) represent program service expenditures — the direct cost of housing, meals, nursing, and personal care for roughly 50 resident women — not distributed grants. Grant seekers researching this entity for programmatic funding will find no open RFP, LOI process, or published funding priorities aimed at outside organizations. The one financial-assistance mechanism it operates, the Fellowship Fund (established 2002 by the resident council), is exclusively internal: it subsidizes care costs for existing residents who outlive their personal resources, funded through board discretion plus honorary, memorial, and legacy gifts — it does not accept applications from nonprofits or individuals outside the resident population. The conventional foundation relationship progression (LOI to full proposal to site visit) does not apply here because no grants function exists. What legitimately exists are three separate tracks: (1) a philanthropic-gift channel for donors who want to help sustain the facility's care mission, routed through the Administrator's office; (2) an admissions channel for elderly women or their families seeking residential placement in Petersburg, Hopewell, Colonial Heights, Dinwiddie, Prince George, or Chesterfield counties; and (3) informal local-partnership potential for organizations serving Tri-Cities-area seniors, such as referral or care-coordination relationships. First-time contacts should route inquiries to Administrator Jessica Hancock (804-733-0148) and be explicit about which of these three tracks applies, since the organization has no dedicated grants staff. Recommendation: grant-seeking nonprofits should deprioritize this record entirely for funding proposals and, if relevant to their work, treat it only as a potential local elder-services partner or referral source rather than a funding prospect.

There is no external grants pattern to analyze: 'grants_paid' is recorded as $0 in every fiscal year in the available filing history (2011-2023), meaning median grant size, range, and program-area breakdowns simply do not exist for this organization in the way they would for a true funder. What the financials do show is an operating charity's balance sheet under strain. Total assets declined from $14.26M at FY2021 close to $10.28M at FY2023 close — a roughly 28% drop in two years — driven by operating deficits: FY2023 revenue of $2.76M against $4.97M in program/operating expenses (a $2.2M shortfall), and FY2022 revenue of $2.75M against $4.53M in expenses (a $1.77M shortfall). FY2021 was the exception, posting a net surplus, but only because net investment income spiked to $3.36M that year versus $222,744 in FY2023 and $156,070 in FY2022 — a market-driven anomaly rather than a repeatable pattern. Contributions received are negligible and sporadic: $0 in FY2023, FY2021, and FY2019; $20,000 in FY2022; and a one-time $550,100 in FY2020 that looks like a bequest rather than routine giving. This confirms the home is funded almost entirely by resident fees and investment returns, not by donor campaigns or grant income of its own. Administrator compensation climbed from $87,685 (FY2019) to $114,669 (FY2021) before settling between $96,024 and $113,088 in FY2022-FY2023, tracking modestly with overall program spend. Geographically, all activity is hyper-local: the stated geographic focus covers only six Tri-Cities-area Virginia localities (Petersburg, Hopewell, Colonial Heights, Dinwiddie, Prince George, Chesterfield), consistent with a single-site facility rather than a regional or national grants program. For prospect-research purposes, this record should be recoded as an 'operating charity / non-funder' rather than continue to be routed grant applications or LOIs.

All five peers surfaced by asset-similarity matching ($8.5M-$9.5M) share Petersburg Home For Ladies' NTEE 'Human Services' classification, and their names — Redemption Company, Affordable Housing Corporation, Home For Women, Housing Development Fund Corporation — suggest they are fellow operating housing/residential-service entities rather than confirmed external grantmakers. This reinforces that Petersburg Home For Ladies sits in a peer cluster of similarly-sized, single-site or single-program operating nonprofits, not conventional funders. None of the five peer records carry independently verified grants-paid or application-process data in this dataset, so any organization considering them as funding prospects should independently verify their status before applying.

Web research surfaced only facility-operations news, no grantmaking activity. FY2026 marks the organization's 98th year of operation since its 1925 founding, with recent resident programming including outings to historic sites. A Virginia licensing renewal inspection on March 10, 2025 found the facility in full compliance with no violations. The current Administrator is Jessica Hancock, reflected in the FY2022 filing ($96,024 compensation); her predecessor Teresa Kelsey held the role through FY2021 ($114,669) and FY2020 ($100,225). Governance is an all-volunteer board — Mrs. Barbara Finney and Mrs. Maureen McClure have each served as President across recent filing years, with Mrs. Carolyn Brown, Mrs. Jonnee Sue Grizzard, and other members rotating officer titles (Treasurer, Secretary, Vice President); none draw compensation. No press coverage, grant announcements, or new program launches turned up in searches spanning 2025-2026, consistent with a small, single-site operating charity that does not run a public communications or grants-marketing function. The most consequential recent development is not a new initiative but a balance-sheet trend: total assets fell from $14.26M at FY2021 close to $10.28M at FY2023 close, a roughly 28% decline over two fiscal years, driven by operating expenses outpacing revenue in both FY2022 and FY2023. Anyone monitoring this organization should watch for a FY2024/FY2025 Form 990 filing to see whether that drawdown trend continued, stabilized, or affected admissions capacity or care tiers.

The most important tip for a grant seeker is: do not apply. Petersburg Home For Ladies Inc. has disbursed $0 in third-party grants in every fiscal year of available filing history (2011-2023) and has no published RFP, LOI portal, application form, or funding-priority statement for outside organizations — its website's only financial-assistance content, the Fellowship Fund page, is written exclusively for internal resident use ('financial assistance to qualified residents,' awarded 'as determined by our Board of Directors'). Standard nonprofit grant proposals should not be submitted here; doing so would reach an office with no program-officer or grants-review function, since inbound mail is handled by Administrator Jessica Hancock or the volunteer board, whose job is running the care facility. If an organization's actual goal is different, three specific pathways exist. First, elder placement: if advising a family or individual seeking assisted-living placement for an older woman in the Petersburg/Tri-Cities VA area (Hopewell, Colonial Heights, Dinwiddie, Prince George, Chesterfield), the correct contact is admissions at 804-733-0148, with a physical exam required within 30 days of intended move-in; the home is private-pay only and does not accept Medicare or Medicaid. Second, donations: a donor or advisor wanting to support elder-care access can give through the website's honorary, memorial, monthly, or legacy-giving channels — this is a donation relationship feeding the Fellowship Fund, not a competitive grant application, and funds stay internal to current residents. Third, local partnership: organizations serving Petersburg-area seniors (meal delivery, transportation, hospice, memory-care referral) may find informal collaboration value given the home's Level I-IV care tiers and its Magnolia Hall memory-care unit, but this requires direct relationship-building outreach to the Administrator, not a grant process. The common mistake to avoid is treating the $10.3M asset base or the $4.97M 'total giving' figure reported for FY2023 as evidence of grantmaking capacity — both numbers represent the cost of operating a roughly 50-resident care facility, not funds available for external distribution.