Victor E Speas Foundation
The Victor E Speas Foundation is a private foundation established in 1947 in Missouri and currently based in Dallas, Texas. The foundation operates as an independent grantmaking organization with a focus on healthcare and related charitable activities.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$2.0M
+1.4% YoY
Grant Count
32
-11.1% YoY
Avg Grant Size
$61K
+14.1% YoY
Mission & Focus Areas
The foundation's giving is restricted to improving the quality of health care in the Kansas City, Missouri area. Primary funding interests include:
- Medically-related higher education, including loans for medical students at the University of Missouri at Kansas City and dental school funding
- Preventive health care
- Medical research
- Agencies serving the healthcare needs of the elderly, youth, and individuals with disabilities
Grantmaking
Contact information is available through Bank of America's philanthropic services at 888-866-3275.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's giving is restricted to the Kansas City, Missouri area, with a particular emphasis on supporting institutions and organizations serving that region.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $30,474,059
- Total Revenues: $3,248,976
- Total Expenses: $2,392,422
- Investment Income and Dividends: $905,418
- Net Rental Income: $127,985
- Net Gain from Sale of Non-Inventory Assets: $2,206,370
- Number of Employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
170 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include John Knox Village Foundation ($250,000), Synergy Services Inc ($150,000), North Kansas City Hospital ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LOCAL INITIATIVES SUPPORT CORPORATION NEW YORK, NY | INVESTMENT IN FINANCIAL | $40,000 |
| GATEWAY TO HOPE ST LOUIS, MO | BREAST HEALTH SCREENING | $10,000 |
| LEVELUP KIDS INC KANSAS CITY, MO | UNRESTRICTED GENERAL | $30,000 |
| REDISCOVER KANSAS CITY LEES SUMMIT, MO | BEHAVIORAL HEALTH URGENT | $100,000 |
| LAZARUS MINISTRIES KC KANSAS CITY, MO | KITCHEN RENOVATION TO | $10,000 |
| AD HOC GROUP AGAINST CRIME KANSAS CITY, MO | CAPITAL CAMPAIGN: ADHOC | $25,000 |
| SAMUEL U RODGERS HEALTH CENTER KANSAS CITY, MO | PEDIATRIC WING CAPITAL | $125,000 |
| NEWHOUSE INC KANSAS CITY, MO | NEWHOUSE 2025: PILLARS OF | $40,000 |
| SYNERGY SERVICES INC PARKVILLE, MO | SUPPORTIVE HOUSING IN | $150,000 |
| CAPA - CHILD ABUSE PREVENTION ASSN INDEPENDENCE, MO | UNRESTRICTED GENERAL | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America N.A. serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA | TRUSTEE | 1 | $206,923 |
Recent News & Activity
Recent developments and announcements
In 2025, Kansas City University received a $1.25 million grant from the foundation for a multimillion-dollar health-related initiative, demonstrating continued commitment to medical education in the Kansas City region.
Kansas City University receives $1.25M for multimillion-dollar health ...Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Victor E Speas Foundation fund?
The foundation's giving is restricted to improving the quality of health care in the Kansas City, Missouri area. Primary funding interests include: • Medically-related higher education, including loans for medical students at the University of Missouri at Kansas City and dental school funding • Preventive health care • Medical research • Agencies serving the healthcare needs of the elderly, youth, and individuals with disabilities
How do I apply for a grant from Victor E Speas Foundation?
**Grant Activity:** • Made 39 grants in 2024 • Recent notable grants include: • The John Knox Village Foundation: $250,000 (Capital Campaign) • North Kansas City Hospital: $150,000 (Interventional Radiology) • Synergy Services: $150,000 (Supportive Housing) **Total Grant Distribution:** • 2024: Approximately $1,845,000 in grants distributed **Application Process:** Contact information is available through Bank of America's philanthropic services at 888-866-3275.
Where does Victor E Speas Foundation make grants?
The foundation's giving is restricted to the Kansas City, Missouri area, with a particular emphasis on supporting institutions and organizations serving that region.
What size grants does Victor E Speas Foundation award?
In 2024, Victor E Speas Foundation awarded 32 grants totaling $2.0M — an average of about $61K per grant, based on its IRS Form 990 filings.
What is Victor E Speas Foundation's EIN?
Victor E Speas Foundation's EIN (Employer Identification Number) is 44-6008340. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Victor E Speas Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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