Victor E Speas Foundation
The Victor E Speas Foundation is a private foundation based in Dallas, Texas, established in 1947. Its grant program supports organizations serving residents of Kansas City, Missouri, with priorities that include medical care for people in need, medical research, and quality educational, cultural, human-services, and health-care programming.
Victor E Speas Foundation at a glance
In short: Victor E Speas Foundation gave $2.1M across 44 grants in 2025 (avg $48K), mostly in Missouri. 27% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,091,000
- +6.7% vs 2024
- Grants made (2025)
- 44
- +37.5% vs 2024
- Average grant
- $47,523
- -22.4% vs 2024
- Median grant
- $40,000
- Total assets
- $30,717,819
- +0.8% vs 2024
- New grantees (estimate)
- 27% first-time grantees (12 of 44, 2025)
- Primary geography
- Missouri (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Victor E Speas Foundation
- How to Apply
-
The filing directs applicants to use the guidelines and online application.
- Review Cycle
- The filing lists March 31 and August 31. Both dates have passed for 2026.
- Deadline
- The filing lists March 31 and August 31.
- Contact
Application contact: Tony Twyman - Bank Of America N A
Mailing address: PO Box 219119, Kansas City, MO 64121-9119
Phone: (816) 292-4343
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Victor E Speas Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Levelup Kids Inc ($150K). Together the top 10 received $1.1M.
Grant Size Distribution
175 grants across all recorded years
The most common grant size was under $50K: 97 grants of 175 (55%).
Geographic Focus
Where this funder awards grants
The grant program focuses on organizations serving Kansas City, Missouri residents. In 2025, 90% of grant dollars went to recipients in Missouri, 9% to Kansas, and 1% to New York. The filing’s stated award restriction is charitable purposes within Missouri.
Grant Distribution by State
Share of 2025 grant dollars across all 44 itemized grants.
Cities
Is Victor E Speas Foundation open to new grantees?
27%
first-time grantees, 2025
In 2025, 12 of 44 grantees (27%) were first-time recipients. First grants averaged $33K; repeat grants $53K. How we count
Medians: $25K first-time, $40K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.8M (2019) to $2.1M (2025). In 2025 it made 44 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Levelup Kids Inc Kansas City, MO | Unrestricted General | $150,000 |
| North Kansas City Hospital N Kansas City, MO | Interventional Radiology | $150,000 |
| Samuel U Rodgers Health Center Kansas City, MO | Pediatric Wing Capital | $125,000 |
| Kansas City University Kansas City, KS | Center for Population | $125,000 |
| Ability KC Kansas City, MO | Comprehensive Capital | $125,000 |
| Rediscover Kansas City Lees Summit, MO | Behavioral Health Urgent | $100,000 |
| Center for Practical Bioethics Inc Harzfeld, MO | Unrestricted General | $90,000 |
| United We Kansas City, MO | Women's Economic | $80,000 |
| Swope Health Services Kansas City, MO | Collaborative Medical | $55,000 |
| Newhouse Inc Kansas City, MO | Newhouse Domestic Violence | $50,000 |
Ready to take the next step with Victor E Speas Foundation?
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 | $30,717,819 | $2,811,531 | $2,566,894 | $2,091,000 | 44 | $2,307,696 | $2,628,205 | $2,488,721 |
| 2024 | $30,474,059 | $3,248,976 | $2,392,422 | $1,960,000 | 32 | $2,161,836 | $3,044,894 | $2,296,588 |
| 2023 | $29,537,040 | $852,451 | $2,318,395 | $1,933,347 | 36 | $2,117,917 | $889,950 | $2,140,432 |
| 2022 | $30,881,998 | $1,028,548 | $2,447,854 | $2,085,137 | 34 | $2,255,693 | $1,085,074 | $2,104,011 |
| 2021 | $32,319,554 | $3,517,751 | $2,250,517 | $1,829,424 | 29 | $2,011,194 | $3,495,401 | $2,268,598 |
| 2020 | $31,057,821 | $1,788,040 | $2,193,054 | $1,832,816 | 39 | — | $1,532,385 | $1,987,292 |
| 2019 | $31,460,742 | $1,358,755 | $2,206,807 | $1,808,714 | 26 | — | $1,168,371 | $1,990,269 |
Under IRS private-foundation payout rules, Victor E Speas Foundation reported a distributable amount of $2.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated purpose is to provide medical care for the needy, further medical research, and support quality educational, cultural, human-services, and health-care programming. Its grant program describes support for organizations serving Kansas City, Missouri residents, and says it considers general operating and program requests but not capital requests.
Examples of supported organizations include LevelUp Kids, whose mission is to provide services that empower families and create opportunities for low-income children to succeed; Ability KC, which provides medical, therapeutic, educational, and vocational services for children and adults with disabilities; and Samuel U Rodgers Health Center, which provides affordable health care. Other 2025 recipients include Swope Health Services, which describes its work as delivering accessible, comprehensive patient care, and Newhouse, which provides services for survivors of domestic violence.
Grantmaking
In 2025, the foundation awarded 44 grants totaling $2,091,000. Grants ranged from $6,000 to $150,000, with a median of $40,000. Among the largest awards were $150,000 to LevelUp Kids for unrestricted general support and $150,000 to North Kansas City Hospital for interventional radiology. Other notable awards included $125,000 each to Samuel U Rodgers Health Center for a pediatric wing and Ability KC for comprehensive capital, and $125,000 to Kansas City University for a center for population. The program description says capital requests will not be considered, while the filing lists some 2025 grants with capital-related purposes.
The foundation’s 2025 filing says it does not restrict giving to preselected organizations. It directs applicants to guidelines and an online application and lists Tony Twyman at Bank of America N.A. as the contact. The filing restricts awards to charitable purposes within Missouri, with an emphasis on medical care for the needy and medical research, particularly the causes and treatment of cancer.
Leadership & Key People
Leadership team and compensation from IRS filings
Bank of America is listed as trustee on the 2025 filing.
Victor E Speas Foundation's only listed officer is Bank Of America, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$192K (2021) → $222K (2025)
Former officers (1)
- Former: Bank Of America N A (2019–2020) — 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 $222K, to Bank of America (Trustee).
Frequently asked questions about Victor E Speas Foundation
How much does Victor E Speas Foundation give each year?
Victor E Speas Foundation gave $2.1M across 44 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.0M across 32 grants.
What is Victor E Speas Foundation's typical grant size?
Victor E Speas Foundation's median grant in 2025 was $40,000, and its average grant was $47,523, across 44 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Victor E Speas Foundation that year got $33K on average.
Where does Victor E Speas Foundation give grants?
Victor E Speas Foundation gives mostly in Missouri: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kansas (9%). The most frequent recipient cities were Kansas City, MO (28 grants), Lees Summit, MO (3 grants) and St. Louis, MO (2 grants).
Does Victor E Speas Foundation give general operating support?
Yes: 41% of Victor E Speas Foundation's 2025 grants with a stated purpose (18 of 44) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Victor E Speas Foundation's largest grantees?
Victor E Speas Foundation's largest 2025 grantees include Levelup Kids Inc ($150,000), North Kansas City Hospital ($150,000) and Samuel U Rodgers Health Center ($125,000), according to its 2025 IRS Form 990-PF. Together they received 20% of its itemized 2025 grant dollars.
How large is Victor E Speas Foundation?
Victor E Speas Foundation reported $30.7M in total assets on its 2025 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $2.5M (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 does Victor E Speas Foundation fund?
The foundation’s stated purpose is to provide medical care for the needy, further medical research, and support quality educational, cultural, human-services, and health-care programming. See mission & focus areas ↑
How do I apply for a grant from Victor E Speas Foundation?
The filing directs applicants to use the guidelines and online application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 6, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 24, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
- IRS filings on file for fiscal years 2019–2024
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Cite this profile
Grantable. (2026). Victor E Speas Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/victor-e-speas-foundation-morg_49a89a53d4f04fc8905bcfac73d0094e
BibTeX
@misc{grantable_446008340_2026,
author = {{Grantable}},
title = {{Victor E Speas Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/victor-e-speas-foundation-morg_49a89a53d4f04fc8905bcfac73d0094e},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Victor E Speas Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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