Victory Foundation
Victory Foundation is a private foundation based in Wilmington, Delaware. Its 2024 filings report 27 grants totaling $931,000, with many listed purposes involving arts education, cultural programming, and support for arts organizations.
Victory Foundation at a glance
In short: Victory Foundation gave $931K across 27 grants in 2024 (avg $34K), mostly in Pennsylvania. 41% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $931,000
- -1.2% vs 2023
- Grants made (2024)
- 27
- +0.0% vs 2023
- Average grant
- $34,481
- -1.2% vs 2023
- Median grant
- $12,000
- Total assets
- $7,263,046
- +6.0% vs 2023
- New grantees (estimate)
- 41% first-time grantees (11 of 27, 2024)
- Primary geography
- Pennsylvania (73% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Victory Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 1100 North Market Street, Wilmington, DE 19890-0001
Phone: (302) 651-1437
Website: https://victorysportsfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Victory Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Springside Chestnut Hill Academy ($175K). Together the top 10 received $777K.
Grant Size Distribution
126 grants across all recorded years
The most common grant size was under $50K: 91 grants of 126 (72%).
Geographic Focus
Where this funder awards grants
In 2024, 73% of grant dollars went to recipients in Pennsylvania, 12% to New York, 11% to Washington, DC, 3% to Florida, and 1% to California.
Grant Distribution by State
Share of 2024 grant dollars across all 27 itemized grants.
Cities
Is Victory Foundation open to new grantees?
41%
first-time grantees, 2024
In 2024, 11 of 27 grantees (41%) were first-time recipients. First grants averaged $25K; repeat grants $41K. How we count
Medians: $12K first-time, $13K repeat.
- 37% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 85% 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 (2020–2024). 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 2020 to 2024, annual grant giving ranged from $773K (2020) to $1.0M (2022). In 2024 it made 27 grants totaling $931K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Springside Chestnut Hill Academy Philadelphia, PA | Renovation Performing Arts Center | $175,000 |
| Philadelphia Museum of Art Philadelphia, PA | General Operating Youth Arts Education | $125,000 |
| Princess Grace Foundation New York, NY | Grace Kelly Awards Scholarship | $100,000 |
| The Kennedy Center Washington, DC | Arts Education | $97,000 |
| Pig Iron Theater Philadelphia, PA | Arts Education/ Restructure | $75,000 |
| Cultural Trust Art Philly Philadelphia, PA | 250TH Arts Festival Programming | $50,000 |
| Pennsylvania Academy of the Fine Arts Philadelphia, PA | Young Artist Academy and Summer Art Camp | $50,000 |
| Allens Lane Art Center Philadelphia, PA | Arts Education/Scholarship | $50,000 |
| Arden Theatre Company Philadelphia, PA | Art Education for Disadvantanged Students | $30,000 |
| Barnes Foundation Philadelphia, PA | Long Range Planning | $25,000 |
Ready to take the next step with Victory 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,263,046 | $1,436,768 | $1,011,141 | $931,000 | 27 | $949,217 | $1,415,083 | $1,111,815 |
| 2023 | $6,851,963 | $1,109,456 | $1,008,684 | $942,500 | 27 | $959,412 | $1,060,184 | $968,819 |
| 2022 | $6,774,216 | $1,327,011 | $1,075,968 | $1,011,000 | 22 | $1,028,366 | $1,279,409 | $939,674 |
| 2021 | $6,554,291 | $1,561,457 | $909,546 | $839,000 | 24 | $855,347 | $1,513,551 | $1,026,048 |
| 2020 | $5,902,380 | $827,560 | $844,235 | $772,500 | 26 | — | $786,543 | $852,434 |
Under IRS private-foundation payout rules, Victory Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for Victory Foundation is provided. Its 2024 grants show support for arts and cultural organizations and programs, including arts education, youth arts education, scholarships, and performing arts facility renovation.
The grantees describe a range of related work. Allens Lane Art Center says its mission is to build understanding and unity in Northwest Philadelphia through accessible art education and experiences. The Pennsylvania Academy of the Fine Arts says it operates a fine arts educational program and gallery collection, and sponsors fine arts classes and free arts programs. Arden Theatre Company describes its work as presenting stories on stage, in classrooms, and in the community. These are grantees’ missions, not statements of the foundation’s own mission.
Grantmaking
In 2024, the foundation made 27 grants totaling $931,000. Grants ranged from $1,500 to $175,000, with a median of $12,000.
The largest reported awards included $175,000 to Springside Chestnut Hill Academy for renovation of a performing arts center; $125,000 to the Philadelphia Museum of Art for general operating support and youth arts education; $100,000 to Princess Grace Foundation for a Grace Kelly Awards scholarship; and $97,000 to the Kennedy Center for arts education. Other awards included $75,000 to Pig Iron Theater for arts education and restructuring, and $50,000 each to Cultural Trust Art Philly for 250th arts festival programming, the Pennsylvania Academy of the Fine Arts for its Young Artist Academy and summer art camp, and Allens Lane Art Center for arts education and scholarships.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Victoria McNeil Le Vine as trustee.
Victory Foundation is led by Victoria McNeil Le Vine, Trustee on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Victoria McNeil Le Vine
Trustee
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Victory Foundation
How much does Victory Foundation give each year?
Victory Foundation gave $931K across 27 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $943K across 27 grants.
What is Victory Foundation's typical grant size?
Victory Foundation's median grant in 2024 was $12,000, and its average grant was $34,481, across 27 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Victory Foundation that year got $25K on average.
Where does Victory Foundation give grants?
Victory Foundation gives mostly in Pennsylvania: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (12%) and District of Columbia (11%). The most frequent recipient cities were Philadelphia, PA (15 grants), New York, NY (4 grants) and Washington, DC (2 grants).
Does Victory Foundation give general operating support?
Occasionally: 4% of Victory Foundation's 2024 grants with a stated purpose (1 of 27) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Arts Education" (4 grants).
Who are Victory Foundation's largest grantees?
Victory Foundation's largest 2024 grantees include Springside Chestnut Hill Academy ($175,000), Philadelphia Museum of Art ($125,000) and Princess Grace Foundation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 43% of its itemized 2024 grant dollars.
How large is Victory Foundation?
Victory Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $949K in qualifying distributions that year, against a required minimum of $1.1M (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 Victory Foundation fund?
No mission statement for Victory Foundation is provided. Its 2024 grants show support for arts and cultural organizations and programs, including arts education, youth arts education, scholarships, and performing arts facility renovation. See mission & focus areas ↑
How do I apply for a grant from Victory Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Victory Foundation's EIN?
Victory Foundation's EIN (Employer Identification Number) is 52-6854620. IRS Form 990 filing data is available on this page for 2020–2024.
Does Victory Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Victory Foundation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/victory-foundation-morg_620ef911fbeb406f9fe8f2a02b75a7f5
BibTeX
@misc{grantable_526854620_2026,
author = {{Grantable}},
title = {{Victory Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/victory-foundation-morg_620ef911fbeb406f9fe8f2a02b75a7f5},
note = {Accessed 2026-10-13. 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 Victory 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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