Historic Petersburg Foundation, Inc.
7 East Old Street
P.O. Box 691
Petersburg VA 23804-0691
Mission Statement
To lead the preservation and restoration of Petersburg's historic architecture, its neighborhoods and to tell their story.
Web and Social Media
Multi-Media Comments
Visit Historic Petersburg Foundation, Inc. on Facebook. 
Leadership
CEO/Executive Director Pam Covil
Board Chair Bobby Lynch
Board Chair Company Affiliation Community Volunteer
Contact Information
Address 7 East Old Street
P.O. Box 691
Petersburg, VA 238040691
Telephone 804 732-2096
Fax 804 733-0867
E-mail historicpetersburgfoundation@verizon.net
History and Background
Year of Incorporation 1968
Financial Summary
 
 
Projected Revenue $54,820.00
Projected Expenses $54,820.00
Additional Documents
Membership Dues, Year-End Giving, Donations restricted to projects and Unrestricted Donations support the work of Historic Petersburg Foundation. (HPF)  We encourage your support and participation in our efforts.
Statements
Mission
To lead the preservation and restoration of Petersburg's historic architecture, its neighborhoods and to tell their story.
Impact GOALS FOR THIS FISCAL YEAR:
  • Increase membership/unrestricted donations.
  • Continue offering history related programs.
Needs
  • Unrestricted Operating Funds
  • Marketing historic properties that are for sale  
  • Funds to stabilize or repair historic properties
Background
In the 1960s, citizens interested in historic preservation began to see the need for a local organization that could specialize in the acquisition of historic buildings for re-sale and adaptation to modern usage.  
 
There was also a need to promote tourism in Petersburg and in order to accomplish this, Petersburg's architectural and historical treasures had to be saved from demolition. 
 
This group of local preservationist included the Mayor of Petersburg, the President of the Fort Henry branch of the APVA and Vice President of the Petersburg Chamber of Commerce. Their purpose was to protect Petersburg's irreplaceable architectural heritage of historic structures and adapt these structures to modern use. 
 
In September 1967, Historic Petersburg Foundation, Inc. (HPF) received its charter as a nonprofit organization.  One of the first projects for the organization was preparing the first architectural survey of historic buildings in the city.  This survey established the basis for more detailed surveys needed to designate local historic districts. 
 
More than forty years later, there is still a need to protect and preserve Petersburg's historic architecture. Much has been accomplished and we remain dedicated to our mission. 
CEO Statement
HPF was founded because people cared deeply about Petersburg and its historic architecture.  This is still true today.  The Board members have chosen this organization to devote their time and energy to because they want to make a difference in Petersburg.  These volunteers believe in the mission and recognize HPF's track record of success.   
Areas of Service
Areas Served
Area
Tri-cities Region
Petersburg, Virginia
Board Chair
Board Chair Bobby Lynch
Company Affiliation Community Volunteer
Term May 2016 to Apr 2017
Email bobbylynch59@gmail.com
Board of Directors
Board Members
NameAffiliation
D. Dugene Atkinson Policy Works, Ltd
Joe Battiston Community Volunteer
T. Robertson Blount Jr.Community Volunteer
David Cardona Community Volunteer
Danielle Fitz-Hugh Petersburg Chamber of Commerce
Kay Freeman Community Volunteer
Megan Kitchen Community Volunteer
Bobby Lynch Community Volunteer
Louis Malon Preservation Virginia
Dean McCray McCray Electric
RoxzAnne Meisner The Black Swan, LLC
Kathleen Morgan Preservation Planner, City of Petersburg
Kevin O'Donnell Community Volunteer
Cleve Wright Community Volunteer
Board Demographics - Ethnicity
African American/Black 1
Asian American/Pacific Islander 0
Caucasian 13
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 9
Female 5
Governance
Board Term Lengths 3
Board Term Limits 2
Written Board Selection Criteria? Under Development
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Number of Full Board Meetings Annually 6
Standing Committees
Membership
Executive
Board Development / Board Orientation
Finance
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Pam Covil
Experience
HPF does not have an Executive Director.  There is one part time staff member and all the board members are volunteers. The work this organization does with just one staff member and volunteers demonstrates how dedicated we are are to making Petersburg better. 
Co-CEO
Email historicpetersburgfoundation@verizon.net
Experience
HPF does not have a co-ceo
Senior Staff
NameTitle
Pam Covil
Staff
Part Time Staff 1
Plans
Organization has a Fundraising Plan? Under Development
Organization has a Strategic Plan? Yes
Years Strategic Plan Considers N/A
Date Strategic Plan Adopted May 2010
Management Succession Plan? No
Organization Policy and Procedures No
Whistleblower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
Collaborations
Battersea Foundation, City of Petersburg, Petersburg Area Art League
Programs
Description
HPF offers programs on Petersburg's history.  There is no charge to attend.  Costs to HPF to present these programs is printing/postage.   This is part of fulfilling our mission and we try to keep costs at a minimum.     
CEO/ED/Board Comments
With regular activities and programs, HPF reaches out to its members and the community by offering educational and history based programs and tours. HPF plays an important role in Petersburg.  Our preservation work involves a blend of history, research, education, economic development and even tourism. 
Fiscal Year
Projected Revenue $54,820.00
Projected Expenses $54,820.00
Endowment Value $113,025.00
Spending Policy Income Only
Form 990s
IRS Letter of Exemption
Detailed Financials
Expense Allocation
Fiscal Year201520142013
Program Expense$104,485$91,428$99,812
Administration Expense$22,690$22,290$38,947
Fundraising Expense$5,842$5,763$10,555
Payments to Affiliates------
Total Revenue/Total Expenses1.000.440.80
Program Expense/Total Expenses79%77%67%
Fundraising Expense/Contributed Revenue5%10%10%
Assets and Liabilities
Fiscal Year201520142013
Total Assets$1,118,583$1,165,738$1,216,897
Current Assets$315,041$287,659$294,611
Long-Term Liabilities$0----
Current Liabilities$876$669$634
Total Net Assets$1,117,707$1,165,069$1,216,263
Short Term Solvency
Fiscal Year201520142013
Current Ratio: Current Assets/Current Liabilities359.64429.98464.69
Long Term Solvency
Fiscal Year201520142013
Long-Term Liabilities/Total Assets0%0%0%
Capital Campaign
Currently in a Capital Campaign? No
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit ExemptionView
Comments
Organization Comments
A financial audit was done in fiscal year 2008-2009.  Due to the large expense, HPF has not been able to have an audit since then. 
 
HPF's fiscal year is April 1 - March 31.
Foundation Comments
  • Financial information provided from IRS Form 990s, prepared by the Treasurer, Stephen F. Perry, CPA.