Victor E Speas Foundation

Private foundation · EIN 44-6008340 · since 1963·Missouri·Updated 13 October 2026

At a glance

$2.1M
Annual giving, 2025 tax year
From the Form 990-PF filing
$10,000 to $125k
Grant range
From grants in the 990-PF filings
$40,000
Typical grant (median)
44 grants in the latest filing
Open to applications
Fixed application deadlines · unsolicited applications welcome

Key takeaways

  • The foundation restricts its giving to Missouri, so an organisation working outside the state should not apply.
  • Within the state, its stated emphasis is medical care for people in need and medical research, especially cancer causes and treatment, though its recorded grants also include education, housing and community support.
  • Across its three most recent filings, half of its 112 grants to organisations were $40,000 or less, and about 8 in 10 fell between $10,000 and $125,000, so a modest request near $40,000 suits its usual giving, although its largest grant was $250,000.
  • Applications are due March 31 and August 31, and the guidelines and online application are on the Bank of America philanthropic website.
  • In its latest filing, 79% of grant dollars to organisations went to groups it had also funded in one of the two filings before, so the process appears relationship-led, and a first approach should make a clear case for fit.

Overview

Victor E Speas Foundation is a US private foundation administered by its trustee, Bank of America, in Dallas, TX.

What they fund

Profile based on the foundation's IRS Form 990-PF filings (TY2025, TY2024, TY2023) only: no website or other web source for the foundation was found. Every statement is checked against the filings. Sources read on 13 October 2026.

Priority Areas

The foundation restricts charitable giving to Missouri and gives particular emphasis to medical care for people in need and medical research, especially cancer causes and treatment. Its recorded grants include hospitals and health centres, universities, disability-service providers, housing and family-support organisations, and projects addressing behavioural health and domestic violence. The grant purposes also include unrestricted general support, alongside specific health and social-service work. Its stated focus is medical, while the recipient record spans charitable services, health providers, education, housing and community support.

Themes

  • Medical care
  • Medical research
  • Cancer research

Geographic Focus

Missouri.

How to apply

Guidelines and the online application are available on the Bank of America philanthropic website.

Deadlines: Applications are due March 31 and August 31.

Application success factors

  • Repeat giving: In its TY2025 filing, 79% of its grant dollars to organisations went to organisations it had also funded in its TY2023 or TY2024 filing.
  • Grant size: Across its TY2023, TY2024 and TY2025 filings, half of its 112 grants to organisations were $40,000 or less.

What the foundation says:

  • It emphasises medical care for the needy and medical research, particularly cancer causes and treatment.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2023–2025.

Grant dollars by state

Missouri95%
Kansas4%
New York1%
  • The largest single recipient received 8% of grant dollars to organisations.
  • In tax year 2025, 79% of grant dollars went to organisations Victor E Speas Foundation had funded in earlier filings.
  • No grants were paid directly to organisations outside the US.
  • 1% of grant dollars went to intermediaries that regrant to other organisations.

Grants

44 grants in the latest filing analysed · median $40,000

How much do they typically give?

Share of 44 grants in tax year 2025 by size

$5k–$10k2%
$10k–$25k25%
$25k–$50k41%
$50k–$100k18%
$100k–$250k14%

Median $40,000 (tax year 2025)

The largest grants to organisations in the foundation’s latest filing:

  • LevelUp Kids · Unrestricted general
    $150,0002025 tax year
  • North Kansas City Hospital · Interventional radiology
    $150,0002025 tax year
  • Samuel U. Rodgers Health Center · Pediatric wing capital
    $125,0002025 tax year
  • Kansas City University · Center for population
    $125,0002025 tax year
  • Ability KC · Comprehensive capital
    $125,0002025 tax year
  • ReDiscover Kansas City · Behavioral health urgent
    $100,0002025 tax year
  • Center for Practical Bioethics · Unrestricted general
    $90,0002025 tax year
  • United WE · Women's economic
    $80,0002025 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

Administered by its trustee, Bank of America.

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2023 tax year$2,318,395$1,933,347$44,634,793Filing for 2023 tax year
2024 tax year$2,392,422$1,960,000$47,659,093Filing for 2024 tax year
2025 tax year$2,566,894$2,091,000$53,944,655Filing for 2025 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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Contact

  • (816) 292-4343
  • Dallas, TX (office of its trustee, Bank of America)