BankMobile Foundation
BankMobile Foundation is a private foundation, based in West Reading, PA. IRS filing data is available from 2021 through 2025. In 2025, it awarded 1 grant totaling $31.
BankMobile Foundation at a glance
In short: BankMobile Foundation gave $31 across 1 grant in 2025 (avg $31), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $31
- Grants made (2025)
- 1
- Average grant
- $31
- Median grant
- $31
- Primary geography
- Pennsylvania (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who BankMobile Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was United Way of Berks County Inc ($31).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How BankMobile Foundation gives
- Giving fell 98% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $31 (2025) to $2K (2022). In 2025 it made 1 grant totaling $31.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Berks County Inc Reading, PA | General Purpose | $31 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $12 | $31 | $31 | 1 | $31 | — | $1 |
| 2024 | $19 | $2,425 | $3,380 | — | — | $2,440 | — | $21 |
| 2023 | $974 | $55 | $1,500 | — | — | $1,500 | $5 | $59 |
| 2022 | $2,219 | $48 | $5,036 | $1,500 | 1 | $1,500 | — | $200 |
| 2021 | $7,407 | $10,029 | $5,269 | $1,500 | 1 | — | — | $360 |
Under IRS private-foundation payout rules, BankMobile Foundation reported a distributable amount of $1 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
BankMobile Foundation is led by Jay Sidhu, President on every filing since 2021; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jay Sidhu
President
On filings since 2021
1 hr/week
No compensation reported
Carla Leibold
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Luvleen Sidhu
Secretary
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about BankMobile Foundation
How much does BankMobile Foundation give each year?
BankMobile Foundation gave $31 across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
Where does BankMobile Foundation operate?
BankMobile Foundation has awarded grants in California, Pennsylvania, Tennessee.
How much is BankMobile Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, BankMobile Foundation reported a distributable amount of $1 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is BankMobile Foundation's EIN?
BankMobile Foundation's EIN (Employer Identification Number) is 47-4697715. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 10, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 12, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work BankMobile Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from BankMobile Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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