Loretta Lee VER Valen Endowment Fund for
Loretta Lee VER Valen Endowment Fund for is a private foundation focused on Arts, Culture & Humanities, based in Buffalo, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $653K in total assets. In 2025, it awarded 1 grant totaling $35K. Net investment income was $68K.
Loretta Lee VER Valen Endowment Fund for at a glance
In short: Loretta Lee VER Valen Endowment Fund for gave $35K across 1 grant in 2025 (avg $35K), mostly in Maryland. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $34,942
- -4.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $34,942
- -4.1% vs 2024
- Median grant
- $34,942
- Total assets
- $653,379
- +4.9% vs 2024
- Primary geography
- Maryland (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Loretta Lee VER Valen Endowment Fund for funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Maryland Opera Inc ($35K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Loretta Lee VER Valen Endowment Fund for gives
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $34K (2019) to $39K (2022). In 2025 it made 1 grant totaling $35K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Maryland Opera Inc Baltimare, MD | General Support | $34,942 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $653,379 | $80,324 | $50,130 | $34,942 | 1 | $36,442 | $67,982 | $38,393 |
| 2024 | $622,873 | $47,551 | $49,849 | $36,439 | 1 | $37,939 | $35,850 | $36,684 |
| 2023 | $625,927 | $21,509 | $49,938 | $37,783 | 1 | $39,283 | $10,708 | $33,658 |
| 2022 | $654,530 | $18,131 | $52,663 | $39,251 | 1 | $40,751 | $6,620 | $35,345 |
| 2021 | $689,187 | $122,685 | $50,687 | $35,936 | 1 | $35,936 | $109,666 | $39,285 |
| 2020 | $617,297 | $102,676 | $47,576 | $35,175 | 1 | — | $91,566 | $33,668 |
| 2019 | $562,147 | $51,640 | $45,063 | $33,823 | 1 | — | $40,364 | $34,400 |
Under IRS private-foundation payout rules, Loretta Lee VER Valen Endowment Fund for reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Loretta Lee VER Valen Endowment Fund for's only listed officer is M T Trust Company, Trustee on the 2025 filing (compensated).
Officers on the 2025 filing
M T Trust Company
Trustee
New on the 2025 filing
1 hr/week
$12K (2025)
Former officers (2)
- Former: M AND T Trust CO (2022–2024) — Trustee
- Former: M&T Trust CO (2019–2021) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $12K, to M T Trust Company (Trustee).
Frequently asked questions about Loretta Lee VER Valen Endowment Fund for
How much does Loretta Lee VER Valen Endowment Fund for give each year?
Loretta Lee VER Valen Endowment Fund for gave $35K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $36K across 1 grant.
How large is Loretta Lee VER Valen Endowment Fund for?
Loretta Lee VER Valen Endowment Fund for reported $653K in total assets on its 2025 IRS Form 990-PF. It paid out $36K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Loretta Lee VER Valen Endowment Fund for?
Loretta Lee VER Valen Endowment Fund for is a private foundation focused on Arts, Culture & Humanities, based in Buffalo, NY. It holds $653K in total assets as of 2025.
Where does Loretta Lee VER Valen Endowment Fund for operate?
Loretta Lee VER Valen Endowment Fund for has awarded grants in Maryland.
What is Loretta Lee VER Valen Endowment Fund for's EIN?
Loretta Lee VER Valen Endowment Fund for's EIN (Employer Identification Number) is 52-7086693. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Loretta Lee VER Valen Endowment Fund for funds
Arts, Culture & Humanities Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Loretta Lee VER Valen Endowment Fund for's focus areas in our free grants database
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