Summit Bank Foundation
To garner funds in support of research at the UCSF Helen Diller Comprehensive Cancer Research Center. To aid doctors in finding a cure and provide financial assistance for innovation and progressive research. To provide scholarships to students who have overcome adversity in their journey for success in education.
Summit Bank Foundation at a glance
In short: Summit Bank Foundation gave $19K across 2 grants in 2024 (avg $10K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $19,000
- -93.0% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $9,500
- -93.0% vs 2023
- Median grant
- $9,500
- Total assets
- $2,185,637
- +9.2% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Summit Bank Foundation
Open Grants
6 open opportunities from Summit Bank Foundation
Bill Russell Scholarship Fund
Summit Bank Foundation
Amount
Varies
Deadline
Deadline not published
Craneway Scholarship Fund
Summit Bank Foundation
Amount
Varies
Deadline
Deadline not published
David J. Casper Athletic Scholarship Fund
Summit Bank Foundation
Amount
Varies
Deadline
Deadline not published
Who Summit Bank Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was The Pinkney Foundation ($13K). Together the top 2 received $19K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Summit Bank Foundation gives
- Giving held roughly steady from 2021 to 2024 (−5%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $19K (2024) to $271K (2023). In 2024 it made 2 grants totaling $19K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Pinkney Foundation Pittsburg, CA | Grant for at risk youth | $12,500 |
| Ollie May Morgan Independent Living Oakland, CA | Program expenses | $6,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,185,637 | $241,377 | $56,624 | $19,000 | 2 | $14,669 |
| 2023 | $2,000,884 | $209,014 | $276,353 | $271,000 | 2 | $14,442 |
| 2022 | $2,068,223 | $326,449 | $73,967 | $56,950 | 2 | $12,497 |
| 2021 | $1,815,741 | $67,741 | $109,303 | $20,000 | 1 | $9,874 |
| 2020 | $1,857,303 | $96,845 | $251,369 | $234,938 | 1 | $11,159 |
About Summit Bank Foundation
Based on IRS filings
Summit Bank Foundation is a public charity, based in Oakland, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 2 grants totaling $19K. Net investment income was $15K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Summit Bank Foundation is led by Joe Rainero, President on every filing since 2020; none of the 12 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joe Rainero
President
On filings since 2020
1 hr/week
No compensation reported
Shirley Nelson
Chair
On filings since 2020
5 hrs/week
No compensation reported
Alfred P Knoll
Director
On filings since 2020
1 hr/week
No compensation reported
David Ruegg
Director
On filings since 2020
1 hr/week
No compensation reported
Derreck Johnson
Director
On filings since 2020
1 hr/week
No compensation reported
James Falaschi
Director
On filings since 2020
1 hr/week
No compensation reported
Ken Coit
Director
On filings since 2020
1 hr/week
No compensation reported
Nancy O'Malley
Director
On filings since 2020
1 hr/week
No compensation reported
Susan Casper
Director - Left Mid Year
Director → Director - Left Mid Year, 2024
On filings since 2020
1 hr/week
No compensation reported
Maria Falaschi
Director - Joined Mid Year
New on the 2024 filing
1 hr/week
No compensation reported
Anne Marie Taylor
Secretary
On filings since 2020
1 hr/week
No compensation reported
Mani Ganesamurthy
CFO
New on the 2024 filing
5 hrs/week
No compensation reported
Former officers (1)
- Former: William Wheeler (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "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 Summit Bank Foundation
How much does Summit Bank Foundation give each year?
Summit Bank Foundation gave $19K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $271K across 2 grants.
How large is Summit Bank Foundation?
Summit Bank Foundation reported $2.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $241K.
Where does Summit Bank Foundation operate?
Summit Bank Foundation has awarded grants in California, Tennessee.
What is Summit Bank Foundation's EIN?
Summit Bank Foundation's EIN (Employer Identification Number) is 31-1648835. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 2, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Summit Bank Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Summit Bank Foundation's focus areas in our free grants database
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Figures come from Summit Bank 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.
Summit Bank Foundation down — hundreds of funders to go?