Nonprofit · EIN 52-7086693
LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS
Tax-exempt · BUFFALO, NY 14240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $80,324 | $50,130 | $30,194 | $653,379 | $0 | $653,379 |
| December 31, 2024 | 990-PF | $47,551 | $49,849 | -$2,298 | $622,873 | $0 | $622,873 |
| December 31, 2023 | 990-PF | $21,509 | $49,938 | -$28,429 | $625,927 | $0 | $625,927 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $18,087
- Net gain from sales of assets
- $62,237
Expenses
- Grants and similar amounts paid
- $34,942
- Compensation of officers, directors and key employees
- $11,930
- Disbursements for charitable purposes
- $36,442
- Excise tax on investment income
- $945
Balance sheet and other
- Total assets, start of year
- $622,873
- Total assets, end of year
- $653,379
- Total liabilities, end of year
- $0
- Net assets, end of year
- $653,379
- Fair market value of assets
- $826,896
- Qualifying distributions
- $36,442
- Net investment income
- $80,324
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M T TRUST COMPANY PO BOX 1504, BUFFALO, NY 14240 | TRUSTEE | 1 | $11,930 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M AND T TRUST CO PO BOX 1504, BUFFALO, NY 14240 | TRUSTEE | 1 | $11,300 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| M AND T TRUST CO 626 COMMERCE DR 3RD FL, AMHERST, NY 14228 | TRUSTEE | 1 | $10,256 |
Address and contacts
- Address (IRS master file)
- PO BOX 1504, BUFFALO, NY 14240-1504
- In care of
- % ALLFIRST TRUST CO
- Signed the 990-PF
- MANUFACTURERS TRADERS TRUST CO, SVP
- Phone
- (239) 397-5002
- Return prepared by
- ERNST & YOUNG US LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-7086693
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Arts, culture and humanities (A11)
- Assets (IRS master file)
- $653,379
- Income (IRS master file)
- $206,723
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $80,324 | $50,130 | $653,379 | IRS |
| 990-PF | December 2024 | $47,551 | $49,849 | $622,873 | IRS |
| 990-PF | December 2023 | $21,509 | $49,938 | $625,927 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-7086693).
Questions about LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS
- What is the EIN of LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS?
- The employer identification number (EIN) of LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS is 52-7086693.
- Is LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $11,930 (M T TRUST COMPANY, TRUSTEE).
- How much revenue does LORETTA LEE VER VALEN ENDOWMENT FUND FOR LEADING OPERATIC ARTISTS have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $80,324, expenses of $50,130 and total assets of $653,379 at year end.
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