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Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists is a private corporation based in BUFFALO, NY. The foundation received its IRS ruling in 2002. The principal officer is Allfirst Trust Co. It holds total assets of $623K. Annual income is reported at $228K. The foundation operates in the area of arts & culture. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists has made 4 grants totaling $150K, with a median grant of $38K. Annual giving has grown from $35K in 2020 to $79K in 2022. Individual grants have ranged from $35K to $39K, with an average award of $37K. Grant recipients are concentrated in Maryland. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MD.
Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists has distributed a total of $150K across 4 grants. The median grant size is $38K, with an average of $37K. Individual grants have ranged from $35K to $39K.
Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists typically selects its grantees rather than accepting unsolicited proposals.
Loretta Lee Ver Valen Endowment Fund For Leading Operatic Artists is headquartered in BUFFALO, NY.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$50K
Total Assets
$626K
Fair Market Value
$707K
Net Worth
$626K
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$34K
Total: $613K
Total Grants
4
Total Giving
$150K
Average Grant
$37K
Median Grant
$38K
Unique Recipients
1
Most Common Grant
$39K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Maryland Opera IncGENERAL USE | Baltimare, MD | $39K | 2022 |