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.
BBVA Foundation at a glance
In short: BBVA Foundation gave $8.0M across 2 grants in 2021 (avg $4.0M), mostly in Alabama. Source: 2021 IRS Form 990-PF.
- Annual giving (2021)
- $8,044,018
- -4.3% vs 2020
- Grants made (2021)
- 2
- +100.0% vs 2020
- Average grant
- $4,022,009
- -52.2% vs 2020
- Median grant
- $4,022,009
- Primary geography
- Alabama (81% of itemized 2021 grant dollars)
- Latest 990 filing
- Form 990-PF, 2021 View filing
Data from IRS Form 990-PF, 2021; updated September 2026.
How to apply to BBVA Foundation
Open Grants
1 open opportunity from BBVA Foundation
Who BBVA Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2021
The largest 2021 recipient was PNC Foundation ($1.5M).
Organizations only. It also paid 1 grant to individuals ($6,494,805), which are not listed by name.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was $5M or more: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2021 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $8.0M (2021) to $8.4M (2020). In 2021 it made 2 grants totaling $8.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $6,494,805 |
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2021 | — | $7,925,433 | $8,080,973 | $8,044,018 | 2 | — | $34,160 |
| 2020 | $155,540 | $8,406,554 | $8,913,243 | $8,405,599 | 1 | $1,854 | $130,455 |
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.
Leadership & Key People
Officers and directors from IRS filings
BBVA Foundation is led by J Reymundo Ocanas, President & Trustee on every filing since 2020; none of the 9 officers listed in 2021 report compensation.
Officers on the 2021 filing
J Reymundo Ocanas
President & Trustee
On filings since 2020
1 hr/week
No compensation reported
B Shane Clanton
Trustee
On filings since 2020
1 hr/week
No compensation reported
Javier Rodriguez Soler
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kirk Pressley
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rafael Bustillo
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rosilyn Houston
Trustee
On filings since 2020
1 hr/week
No compensation reported
Brian Herrick
Secretary
On filings since 2020
1 hr/week
No compensation reported
Carrie L Cogburn
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Jonathan Pennington
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Bill Helms (2020) — Trustee
Data from IRS Form 990 filings, 2020–2021. "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 BBVA Foundation
How much does BBVA Foundation give each year?
BBVA Foundation gave $8.0M across 2 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $8.4M across 1 grant.
Where does BBVA Foundation operate?
BBVA Foundation has awarded grants in Alabama, Pennsylvania.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 5, 2021)
- IRS filings on file for fiscal years 2020–2021
Explore Open Grants
Browse active grant opportunities in BBVA Foundation's focus areas in our free grants database
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BBVA Foundation down — hundreds of funders to go?