Civic Intelligence

Scholarship Foundation of Santa Barbara

EIN 23-7087774 • 501(c)3 • Santa Barbara, CA

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Profile

The scholarship foundation of santa barbara inspires, encourages and supports santa barbara county students to and through college, graduate and vocational school by providing information, advising, and scholarships.

PO Box 3620Santa Barbara, CA 93130

www.sbscholarship.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

28th percentile

0.09x

Higher debt load relative to assets than 28% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

36th percentile

0.26x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

96th percentile

68%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

19th percentile

$260,635

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

83rd percentile

17%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

97th percentile

226%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets28th percentile

Assets

Up

$88,807,931

Up $12,846,183 (+17%) from 2024

Liabilities

Up

$8,154,424

Up $894,321 (+12%) from 2024

Net Assets

Up

$80,653,507

Up $11,951,862 (+17%) from 2024

Operations
Liabilities / Revenue36th percentileNet Margin96th percentile

Revenue

Up

$31,875,035

Up $22,088,670 (+226%) from 2024

Expenses

Up

$10,320,320

Up $1,019,926 (+11%) from 2024

Net Income

Up

$21,554,715

Up $21,068,744 (+4335%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2011: $44,513,819Liabilities 2011: $6,628,341Net Assets 2011: $37,885,4782011Assets 2012: $42,215,646Liabilities 2012: $6,785,249Net Assets 2012: $35,430,3972012Assets 2013: $48,979,754Liabilities 2013: $7,518,663Net Assets 2013: $41,461,0912013Assets 2014: $53,099,322Liabilities 2014: $7,888,548Net Assets 2014: $45,210,7742014Assets 2016: $49,609,615Liabilities 2016: $7,849,267Net Assets 2016: $41,760,3482016Assets 2017: $54,755,786Liabilities 2017: $7,361,685Net Assets 2017: $47,394,1012017Assets 2018: $55,746,211Liabilities 2018: $7,594,220Net Assets 2018: $48,151,9912018Assets 2019: $58,635,294Liabilities 2019: $7,298,533Net Assets 2019: $51,336,7612019Assets 2020: $58,672,330Liabilities 2020: $5,709,090Net Assets 2020: $52,963,2402020Assets 2021: $74,237,459Liabilities 2021: $7,508,740Net Assets 2021: $66,728,7192021Assets 2022: $64,291,323Liabilities 2022: $7,064,478Net Assets 2022: $57,226,8452022Assets 2023: $68,972,600Liabilities 2023: $7,257,006Net Assets 2023: $61,715,5942023Assets 2024: $75,961,748Liabilities 2024: $7,260,103Net Assets 2024: $68,701,6452024Assets 2025: $88,807,931Liabilities 2025: $8,154,424Net Assets 2025: $80,653,5072025

Highlighted filing

2025

Assets$88,807,931
Liabilities$8,154,424
Net Assets$80,653,507
Open 2025 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0Expenses 2011: $7,677,7492011Expenses 2012: $8,435,3042012Expenses 2013: $9,318,9582013Revenue 2014: $11,861,147Expenses 2014: $9,490,029Net Income 2014: $2,371,1182014Revenue 2016: $10,379,385Expenses 2016: $9,483,811Net Income 2016: $895,5742016Revenue 2017: $11,624,636Expenses 2017: $9,001,505Net Income 2017: $2,623,1312017Revenue 2018: $13,139,087Expenses 2018: $10,071,712Net Income 2018: $3,067,3752018Revenue 2019: $11,406,790Expenses 2019: $9,200,854Net Income 2019: $2,205,9362019Revenue 2020: $8,981,159Expenses 2020: $7,543,859Net Income 2020: $1,437,3002020Revenue 2021: $10,689,149Expenses 2021: $8,900,784Net Income 2021: $1,788,3652021Revenue 2022: $9,987,149Expenses 2022: $8,622,254Net Income 2022: $1,364,8952022Revenue 2023: $10,459,065Expenses 2023: $9,149,947Net Income 2023: $1,309,1182023Revenue 2024: $9,786,365Expenses 2024: $9,300,394Net Income 2024: $485,9712024Revenue 2025: $31,875,035Expenses 2025: $10,320,320Net Income 2025: $21,554,7152025

Highlighted filing

2025

Revenue$31,875,035
Expenses$10,320,320
Net Income$21,554,715
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$88,807,931
Liabilities
$8,154,424
Net assets
$80,653,507
Revenue
$31,875,035
Expenses
$10,320,320
Net income
$21,554,715
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$88.8$8.15$80.7$31.9$10.3$21.6
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.0$7.26$68.7$9.79$9.30$0.49
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.0$7.26$61.7$10.5$9.15$1.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.3$7.06$57.2$9.99$8.62$1.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.2$7.51$66.7$10.7$8.90$1.79
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.7$5.71$53.0$8.98$7.54$1.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.6$7.30$51.3$11.4$9.20$2.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$7.59$48.2$13.1$10.1$3.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.8$7.36$47.4$11.6$9.00$2.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.6$7.85$41.8$10.4$9.48$0.90
2014Detailed filing. Detailed filing data is available for this year.$53.1$7.89$45.2$11.9$9.49$2.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.0$7.52$41.5$9.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.2$6.79$35.4$8.44
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.5$6.63$37.9$7.68
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 20, 2026
Return Version
2024v5.5
Gross Receipts
$104,652,704
Mission and Program Overview

Mission

The scholarship foundation of santa barbara inspires, encourages and supports santa barbara county students to and through college, graduate and vocational school by providing information, advising, and scholarships.

Inspire, encourage & support students to and through college, graduate & vocational school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$66,715,672$70,865,118▲ $4,149,446
Savings and Temporary Cash Investments$6,948,009$9,607,135▲ $2,659,126
Pledges and Grants Receivable$1,445,718$4,088,458▲ $2,642,740
Investments Other Securities-$3,468,943-
Prepaid Expenses and Deferred Charges$74,580$78,376▲ $3,796
Land, Buildings, and Equipment, Net$6,768$12,810▲ $6,042
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$75,961,748$88,807,931▲ $12,846,183
Other Assets Total$770,901$686,991▼ $83,910
Liabilities
Grants Payable$6,416,046$7,328,923▲ $912,877
Other Liabilities$555,059$532,083▼ $22,976
Accounts Payable and Accrued Expenses$288,998$293,418▲ $4,420
Total Liabilities$7,260,103$8,154,424▲ $894,321
Net Assets / Fund Balance
Net Assets With Donor Restrictions$64,034,094$72,382,111▲ $8,348,017
Net Assets Without Donor Restrictions$4,667,551$8,271,396▲ $3,603,845
Total Net Assets Fund Balance$68,701,645$80,653,507▲ $11,951,862
Total Liabilities and Net Assets / Fund Balance$75,961,748$88,807,931▲ $12,846,183

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,810$354,576$367,386
Leasehold Improvements$0$362,106$362,106

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$62,248,636$3,560,100▲ $7,474,447-$70,722,782
2023$55,155,583$2,192,677▲ $7,390,872-$62,248,636
2022$49,691,285$3,084,851▲ $4,646,547-$55,155,583
2021$57,676,947$1,414,764▼ $7,111,630-$49,691,285
2020$45,323,611$1,270,839▲ $13,325,919-$57,676,947
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melinda CabreraCEOFT$242,727$17,908$260,635
James HutchinsonCFOFT$169,294$12,472$181,766
Tim DoughertyChief Communications OfficerFT$153,156$12,047$165,203
Lynnrae DunnDevelopment DirectorFT$142,297$7,661$149,958

Board Members and Trustees

NameTitle
Danna McgrewBoard Chair
Pamela GannVice Chair
Aimee MillerDirector
Alan GriffinDirector
Anna BurnbaumDirector
Carrie RandolphDirector
Charlie HuinerDirector
David DuronDirector
Donna WeidlDirector
Emil NazaretyanDirector
Emilio HandallDirector
George ThurlowDirector
Guille Gil-reynosoDirector
Janet GarufisDirector
Jennifer BrownDirector
Julia CarverDirector
KATHY O'LEARYDirector
Kelly KnightDirector
Marty PlourdDirector
Mary DwyerDirector
Matt RoweDirector
Michael YoungDirector
Nancy RansohoffDirector
Sarah ChrismanDirector
Tessa KaganoffDirector
Tim FigueroaDirector
Tracey SolomonDirector
Yolanda GarciaDirector
Philip FranklinSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Jp Morgan Private BankInvestment Management2029 CENTURY PARK E FLOOR 39, Los Angeles, CA 90067$160,709
Revenue and Support

Revenue Composition

Contributions and Grants
$14,002,048
Program Service Revenue
$85,392
Investment Income
$17,824,271
Other Revenue
$-36,676
All Other Contributions
$13,751,248
Change in Net Assets
$21,554,715

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$1,265,749Fair Market Value (FMV)
Total Noncash Contributions11$1,265,749-

Audited Revenue Reconciliation

Revenue per Audited Statements
$31,695,342
Revenue Not Reported on Financial Statements
$179,693
Revenue Not Reported on Form 990
$-9,602,853
Total Revenue per Audited Statements
$22,092,489
Total Revenue per Form 990
$31,875,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,509,261
Salaries, Compensation, and Employee Benefits$1,991,581
Other Expenses$807,390
Total Fundraising Expense$667,226
Professional Fundraising Fees$12,088

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$7,471,378--$7,471,378
Other Salaries and Wages$703,169$209,942$313,083$1,226,194
Current Officers, Directors, Trustees, and Key Employees$119,241$193,121$146,527$458,889
Fees for Service Investment Mgmnt Fees-$179,693-$179,693
Information Technology$80,341$27,354$30,193$137,888
Other Employee Benefits$62,202$21,088$30,138$113,428
Payroll Taxes$53,889$25,774$29,608$109,271
Conferences and Meetings$14,845$89,338-$104,183
Occupancy$59,878$20,387$22,503$102,768
Office Expenses$51,830$20,330$20,330$92,490
Pension Plan Contributions$43,686$19,826$20,287$83,799
Fees for Services Accounting-$58,190-$58,190
Advertising$10,011-$30,034$40,045
Foreign Grants$37,883--$37,883
Fees for Services Other$24,177$12,088-$36,265
Other Expenses$14,531$4,949$9,011$28,491
Fees for Services Professional Fundraising--$12,088$12,088
Travel$11,737--$11,737
Insurance$6,459$2,199$2,427$11,085
Depreciation Depletion$2,654$904$997$4,555
Total Functional Expenses$8,767,911$885,183$667,226$10,320,320

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,320,320
Total Expenses per Audited Statements$10,140,631
Expenses per Audited Statements$10,140,627
Expenses Not Reported on Financial Statements$179,693
Expenses Not Reported on Form 990$4
International Activity

International Summary

Offices
0
Employees
0
Spending
$2,072,899

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$2,035,016
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumGrantmaking-00$26,150
North America - Canada and Mexico, But Not the United StatesGrantmaking-00$8,733
East Asia and the PacificGrantmaking-00$3,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$190,483
Fundraising Gross Income$123,500
Professional Fundraising Fees$12,088

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
South Coast Business & Technology$333,300$115,750$4,139$111,611
COMMUNITY LEADER'S LUNCHEON$41,000$7,750$9,821$-2,071
Total Events$374,300$123,500$190,483$-66,983
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rou Lease Liability$532,083
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A public disclosure copy of the form 990 and related schedules were reviewed by management and the audit committee prior to the filing date. The form and related schedules were e-mailed to the entire board of directors prior to the filing date.”

Form 990, Part VI, Section B, Line 12C

“Board members, committee members, and staff are covered by the organization's conflict of interest policy. Annually, all persons covered by the policy complete a conflict of interest declaration and submit it to the president and ceo. In addition, whenever an affiliation or financial interest on the part of a board, committee, or staff member becomes relevant to any transaction requiring board action, the interested party must complete a written declaration. The interested party is prohibited from advocating on behalf of his or her interest, either formally at board or committee meetings, or informally through private communication, and is not permitted to participate in the vote concerning the proposed transaction. Board members, committee members, and staff must also disclose family members or friends who apply for student aid assistance and are not permitted to advocate on behalf of, or participate in the selection process for a family member or friend.”

Form 990, Part VI, Section B, Line 15

“The compensation of the cfo is reviewed by the president & ceo who utilizes comparability data from other local nonprofits as well as a survey of nonprofit compensation in southern california. The salaries of the foundation staff are reviewed in aggregate by the executive committee as part of the annual budgeting process. The committee's recommendations are subsequently adopted by the board of directors while meeting in executive session; the board's action is recorded in the meeting minutes.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation, bylaws, form 990 and audited financial statements for the three prior fiscal years are available for public inspection at the office location in santa barbara. The bylaws, form 990 and the audited financial statements for the five prior years are posted on the organization's website. Print copies of these documents are provided on request.”

Filing and Contact Details

Filer

Filer Name
Scholarship Foundation of Santa Barbara
EIN
23-7087774
Phone
8056876065
Address
PO BOX 3620, SANTA BARBARA, CA 93130

Signing Officer

Name
James Hutchinson
Title
Chief Financial Officer
Phone
8056876065
Signed
2026-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melinda Cabrera
Formed
1962
Legal Domicile
CA
Voting Board Members
29
Independent Board Members
29
Employees
22
Volunteers
100

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6320 CANOGA AVENUE 17TH FLOOR, WOODLAND HILLS, CA 91367
Preparer
Lauren a Haverlock
Phone
8185771900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of split interest agreements 5,312.”

Financial Statement Notes

PART V, LINE 4:

“Scholarships and operating support”

PART X, LINE 2:

“The foundation is exempt from federal income taxation under section 501(c)(3) of the irc, though it is subject to tax on income unrelated to its exempt purposes, unless that income is otherwise excluded by the irc. Contributions to the foundation are tax deductible to donors under section 170 of the irc. The foundation is not classified as a private foundation. The foundation had no uncertain tax positions for the years ended june 30, 2025 and 2024.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of split interest agreements 5,312.”

Raw XML AppendixShowing 400 of 863 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0288998
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0293418
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0INSPIRE, ENCOURAGE & SUPPORT STUDENTS TO AND THROUGH COLLEGE, GRADUATE & VOCATIONAL SCHOOL.
IRS990/AdvertisingGrp/FundraisingAmt030034
IRS990/AdvertisingGrp/ProgramServicesAmt010011
IRS990/AdvertisingGrp/TotalAmt040045
IRS990/AllOtherContributionsAmt013751248
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0JAMES HUTCHINSON CFO
IRS990/BooksInCareOfDetail/PhoneNum08056876065
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 3620
IRS990/BooksInCareOfDetail/USAddress/CityNm0SANTA BARBARA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093130
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0100
IRS990/CashNonInterestBearingGrp/EOYAmt0100
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0146527
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0193121
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0119241
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0458889
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt089338
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt014845
IRS990/ConferencesMeetingsGrp/TotalAmt0104183
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0160709
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd090067
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0JP MORGAN PRIVATE BANK
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT MANAGEMENT
IRS990/ContriRptFundraisingEventAmt0250800
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt014002048
IRS990/CYGrantsAndSimilarPaidAmt07509261
IRS990/CYInvestmentIncomeAmt017824271
IRS990/CYOtherExpensesAmt0807390
IRS990/CYOtherRevenueAmt0-36676
IRS990/CYProgramServiceRevenueAmt085392
IRS990/CYRevenuesLessExpensesAmt021554715
IRS990/CYSalariesCompEmpBnftPaidAmt01991581
IRS990/CYTotalExpensesAmt010320320
IRS990/CYTotalFundraisingExpenseAmt0667226
IRS990/CYTotalProfFndrsngExpnsAmt012088
IRS990/CYTotalRevenueAmt031875035
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0997
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0904
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02654
IRS990/DepreciationDepletionGrp/TotalAmt04555
IRS990/Desc0THE SCHOLARSHIP FOUNDATION OF SANTA BARBARA HELPS SANTA BARBARA COUNTY STUDENTS ACCESS POSTSECONDARY AND VOCATIONAL EDUCATION THROUGH SCHOLARSHIPS AND FINANCIAL AID ADVISING. IT IS THE NATION'S LARGEST COMMUNITY-BASED PROVIDER OF POSTSECONDARY EDUCATION SCHOLARSHIPS, HAVING CUMULATIVELY AWARDED IN EXCESS OF $167 MILLION TO OVER 64,000 STUDENTS THROUGHOUT SANTA BARBARA COUNTY SINCE ITS FOUNDING IN 1962. IN 2025, THE SCHOLARSHIP FOUNDATION AWARDED $7.7 MILLION TO 2,125 SANTA BARBARA COUNTY STUDENTS. SCHOLARSHIPS FOR UNDERGRADUATES STUDYING AT TWO-YEAR AND FOUR-YEAR COLLEGES AND UNIVERSITIES AVERAGED $3,500. SIXTY-ONE PERCENT OF THIS YEAR'S RECIPIENTS ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. THE PRIMARY CRITERIA FOR AWARD SELECTION ARE DONOR INTENT, FINANCIAL NEED, POTENTIAL, AND MOTIVATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt064034094
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt072382111
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt022
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08117387
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt058190
IRS990/FeesForServicesAccountingGrp/TotalAmt058190
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt012088
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024177
IRS990/FeesForServicesOtherGrp/TotalAmt036265
IRS990/FeesForServicesProfFundraising/FundraisingAmt012088
IRS990/FeesForServicesProfFundraising/TotalAmt012088
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0179693
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0179693
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt037883
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IRS990/MissionDesc0THE SCHOLARSHIP FOUNDATION OF SANTA BARBARA INSPIRES, ENCOURAGES AND SUPPORTS SANTA BARBARA COUNTY STUDENTS TO AND THROUGH COLLEGE, GRADUATE AND VOCATIONAL SCHOOL BY PROVIDING INFORMATION, ADVISING, AND SCHOLARSHIPS.
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