Victor E. Speas Foundation
/OVERVIEW: The Victor E. Speas Foundation supports arts, culture, humanities, community improvement, capacity building, education, health and human services in Missouri.
FUNDING AREAS: Arts, culture, humanities, community improvement, capacity building, education, health, human services
IP TAKE: Managed by Bank of America, it has a straightforward and accessible application process for many types of Kansas City-area nonprofits.
PROFILE: Established in 1947, the Victor E. Speas Foundation is an independent foundation based in Kansas City, Missouri. Speas was the chairman of the board of a vinegar and apple products manufacturing firm called Speas Company. The foundation is managed by Bank of America office in Missouri. The foundation aims to "provide medical care for the needy, to further medical research and to support and promote quality educational, cultural, human services and health care programming.” It funds local efforts for arts, culture, humanities, community improvement, capacity building, education, health and human services.
The Victor E. Speas Foundation supports a wide variety of causes in its home city. It prioritizes improving the quality of healthcare and medical-related higher education. Funding has gone towards loans for medical students at the University of Missouri at Kansas City, a dentistry school, preventative health care, and medical research. The funder often supports the needs of youth, elderly and handicapped individuals. Other grantees are retirement homes, literacy programs and children’s homes. The foundation only awards grants for one-year periods and considers requests for both program support and general operating support. However, it does not provide funding for capital support.
Grants range between about $3,000 and $250,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on the Kansas City area of Missouri. Past local grantees include Children’s Mercy Hospital, YMCA of Greater Kansas City and First Call Alcohol/Drug Prevention & Recovery.
This foundation accepts unsolicited grant applications from nonprofits. Grantseekers must apply online through the Bank of America application system. he annual application deadline is July 31. The foundation notifies applicants of its grant decisions by the end of October. Direct general questions to the staff at mo.grantmaking@bankofamerica.com or 800-357-7094.
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