BankMobile Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST READING, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $19 in total assets. In 2024, it made $2K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19
-98.0% YoY
Revenue
$2K
+4309.1% YoY
Qualifying Distributions
$2K
+62.7% YoY
Expenses
$3K
+125.3% YoY
Under IRS private-foundation payout rules, BankMobile Foundation reported a distributable amount of $21 for 2024 — the minimum it must pay out in qualifying distributions.
About BankMobile Foundation
Based on IRS filings
BankMobile Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST READING, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $19 in total assets. In 2024, it made $2K in qualifying distributions.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19 | $974 | $2,219 |
| Revenue | $2,425 | $55 | $48 |
| Expenses | $3,380 | $1,500 | $5,036 |
| Qualifying Distributions | $2,440 | $1,500 | $1,500 |
| Net Investment Income | — | $5 | — |
| Distributable Amount | $21 | $59 | $200 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is BankMobile Foundation?
BankMobile Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST READING, PA. It holds $19 in total assets as of 2024.
How large is BankMobile Foundation?
As of 2024, BankMobile Foundation holds $19 in total assets with $2K in annual revenue.
Where does BankMobile Foundation operate?
BankMobile Foundation has awarded grants in California, Tennessee.
How much is BankMobile Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, BankMobile Foundation reported a distributable amount of $21 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 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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