BBVA Foundation
BBVA Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $8.0M.
Financial Overview
From 2021 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$8.0M
-4.3% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$4.0M
-52.2% YoY
Under IRS private-foundation payout rules, BBVA Foundation reported a distributable amount of $34K for 2021 — the minimum it must pay out in qualifying distributions.
About BBVA Foundation
Based on IRS filings
BBVA Foundation is a private foundation, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2021. In 2021, it awarded 2 grants totaling $8.0M.
Ready to take the next step with BBVA Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $155,540 |
| Revenue | $7,925,433 | $8,406,554 |
| Expenses | $8,080,973 | $8,913,243 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | $1,854 |
| Distributable Amount | $34,160 | $130,455 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2021
Grant Size Distribution
3 grants across all recorded years
Open Grants
1 open opportunity from BBVA Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2021 grants, the largest include Grants - see attachment ($6,494,805), PNC Foundation ($1,549,213).
| Recipient | Purpose | Amount |
|---|---|---|
| PNC Foundation Pittsburgh, PA | The PNC Financial Service Group, Inc. has acquired BBVA USA. As a result, operations of the BBVA Foundation are being integrated into the PNC Foundation. This grant is not being treated as a qualifying distribution. | $1,549,213 |
| Grants - see attachment efiling purposes, AL | See attached | $6,494,805 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2021 IRS filing
From 2021 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J Reymundo Ocanas | Pres/Trustee | 1 | — |
| Jonathan Pennington | Treasurer | 1 | — |
| Brian Herrick | Secretary | 1 | — |
| Carrie L Cogburn | Assistant Sec | 1 | — |
| Rafael Bustillo | Trustee | 1 | — |
| B Shane Clanton | Trustee | 1 | — |
| Rosilyn Houston | Trustee | 1 | — |
| Kirk Pressley | Trustee | 1 | — |
| Javier Rodriguez Soler | Trustee | 1 | — |
Frequently Asked Questions
Where does BBVA Foundation operate?
BBVA Foundation has awarded grants in Alabama, Pennsylvania.
What size grants does BBVA Foundation award?
In 2021, BBVA Foundation awarded 2 grants totaling $8.0M — an average of about $4.0M per grant, based on its IRS Form 990 filings.
How much is BBVA Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2021, BBVA Foundation reported a distributable amount of $34K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is BBVA Foundation's EIN?
BBVA Foundation's EIN (Employer Identification Number) is 63-0823545. IRS Form 990 filing data is available on this page for 2020–2021.
Explore Open Grants
Browse active grant opportunities in BBVA Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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