Victor E Speas Foundation

Foundation · Grantmaker DALLAS, TX EIN: 44-6008340

Economically disadvantaged people Low-income people Education Graduate and professional education Medical education

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

-11.1% YoY

Avg Grant Size

$61K

+14.1% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

Missouri $9.4M (98%)

New York $140K (1%)

Kansas $75K (1%)

States

Kansas Missouri New York

Cities

GLADSTONEGRANDVIEWHARZFELDINDEPENDENCEJEFFERSON CITYKANSAS CITYLEES SUMMITLIBERTYN KANSAS CITYNEW YORKOLATHEPARKVILLESAINT JAMESSHAWNEE MISSIONST LOUIS

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

2025

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

Economically disadvantaged people Low-income people Education Graduate and professional education Medical education

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.