Victory Foundation is a private foundation established in 1997 and based in Wilmington, Delaware. The foundation operates as a trust entity (Ttee 42006 0) with Wilmington Trust Company serving as trustee. It functions as a grantmaking organization distributing funds to nonprofit organizations across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.3M
+6.0% YoY
Annual Giving
$931K
-1.2% YoY
Grant Count
27
+0.0% YoY
Avg Grant Size
$34K
-1.2% YoY
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.
Mission & Focus Areas
The foundation's primary funding focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts and cultural programming
- General operating expenses and educational initiatives
Grantmaking
Total grants distributed in 2023: approximately $959,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Pennsylvania
- New York
- Florida
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $6,851,963
- Total revenues: $1,109,456
- Total expenses: $1,008,684
- Number of employees: 0
As of 2024:
- Total assets: $7,263,046
- Total giving: $931,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,263,046 | $6,851,963 | $6,774,216 |
| Revenue | $1,436,768 | $1,109,456 | $1,327,011 |
| Expenses | $1,011,141 | $1,008,684 | $1,075,968 |
| Qualifying Distributions | $949,217 | $959,412 | $1,028,366 |
| Net Investment Income | $1,415,083 | $1,060,184 | $1,279,409 |
| Distributable Amount | $1,111,815 | $968,819 | $939,674 |
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
126 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Springside Chestnut Hill Academy ($175,000), Philadelphia Museum of Art ($125,000), Princess Grace Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACTING WITHOUT BOUNDARIES BRYN MAWR, PA | ACTING PROGRAM FOR SPECIAL NEEDS | $5,000 |
| BARNES FOUNDATION PHILADELPHIA, PA | LONG RANGE PLANNING | $25,000 |
| BROADWAY CARES EQUITY FIGHTS AIDS NEW YORK, NY | SUPPORT FOR PERFORMING ARTS COMMUNITY | $7,000 |
| CULTURAL TRUST ART PHILLY PHILADELPHIA, PA | 250TH ARTS FESTIVAL PROGRAMMING | $50,000 |
| ENCHANTMENT THEATRE COMPANY PHILADELPHIA, PA | THEATER EDUCATION AND ACCESS | $10,000 |
| PENNSYLVANIA ACADEMY OF THE FINE ARTS PHILADELPHIA, PA | YOUNG ARTIST ACADEMY AND SUMMER ART CAMP | $50,000 |
| 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 |
| SOCIETY OF THE FOUR ARTS PALM BEACH, FL | ART, MUSIC, LITERACY PROGRAMS | $25,000 |
| SPRINGSIDE CHESTNUT HILL ACADEMY PHILADELPHIA, PA | RENOVATION PERFORMING ARTS CENTER | $175,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Trustee:
- Victoria McNeil Le Vine
Trustee Institution:
- Wilmington Trust Company
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| VICTORIA MCNEIL LE VINE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Victory Foundation fund?
The foundation's primary funding focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Arts and cultural programming • General operating expenses and educational initiatives
How do I apply for a grant from Victory Foundation?
**Grant Activity:** • Made 26 grants in 2023 • Made 27 grants in the most recent filing year • Typical award range: $1,000–$350,000 • Median grant amount: $10,000 • Maximum grant awarded: $200,000 **Recent Notable Grants (2023):** • Springside Chestnut Hill Academy: $200,000 (Renovation Performing Arts Center) • Princess Grace Foundation: $180,000 (Grace Kelly Awards Scholarship) • Philadelphia Museum of Art: $160,000 (Endowment for Contemporary Arts, Timothy Rub Fund, Art Speaks Educational Pr…
Where does Victory Foundation make grants?
The foundation primarily funds organizations in: • Pennsylvania • New York • Florida
What size grants does Victory Foundation award?
In 2024, Victory Foundation awarded 27 grants totaling $931K — an average of about $34K per grant, based on its IRS Form 990 filings.
How much is Victory Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Victory Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Victory 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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