Program areas at Scholarship Foundation of Santa Barbara
The 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 $150 million to nearly 60,000 students throughout Santa Barbara county since its founding in 1962. In 2023, the Scholarship Foundation awarded almost $7.2 million to 1,864 Santa Barbara county students. Scholarships for undergraduates studying at two-year and four-year colleges and universities averaged $3,500. Fifty-three 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.
The Scholarship Foundation of Santa Barbara serves more than 20,000 individuals each year through financial aid workshops and individual appointments. Specifically, Scholarship Foundation program advisors assist students with Scholarship applications, help decipher complex federal and state financial aid forms, and explain financial aid award letters and loan programs, all free of charge. Office financial aid workshops and presentations take place at schools throughout Santa Barbara county. Financial aid advising appointments are available for students and their families countywide. The organization employs four full-time bilingual program advisors. Thanks to our programs team, Scholarship Foundation recipients receive tens of millions of dollars in additional federal, state, and institutional aid each year.
Who funds Scholarship Foundation of Santa Barbara
Grants from foundations and other nonprofits
Personnel at Scholarship Foundation of Santa Barbara
Name | Title | Compensation | Date of data |
---|
Barbara Robertson | Presidenet and Chief Executive Officer | $193,444 | 2023-06-30 |
Mary Dwyer | Interim President and Chief Executive Officer | $8,880 | 2023-06-30 |
James Hutchinson | Chief Financial Officer | $116,327 | 2023-11-15 |
Tim Dougherty | Chief Communications Officer | $118,327 | 2023-06-30 |
Len Smolburd | Chief Programs Officer | $131,559 | 2023-06-30 |
...and 8 more key personnel |
Financials for Scholarship Foundation of Santa Barbara
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $8,378,046 | $7,467,282 | 12.2% |
Program services | $85,392 | $85,392 | - |
Investment income and dividends | $1,494,052 | $1,578,618 | -5.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $63,675 | $19,580 | 225.2% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $565,830 | $953,688 | -40.7% |
Net income from fundraising events | $-127,930 | $-117,411 | -9% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $10,459,065 | $9,987,149 | 4.7% |
Organizations like Scholarship Foundation of Santa Barbara
Organization | Type | Location | Revenue |
---|
Oregon Tech Foundation | 501(c)(3) | Klamath Falls, OR | $6,429,423 |
Marine Corps Scholarship Foundation | 501(c)(3) | Alexandria, VA | $37,411,876 |
Page Education Foundation | 501(c)(3) | Minneapolis, MN | $3,199,305 |
George Snow Scholarship Fund | 501(c)(3) | Boca Raton, FL | $3,613,699 |
Montana State University Billings Foundation | 501(c)(3) | Billings, MT | $3,844,077 |
The Union League Legacy Foundation | 501(c)(3) | Philadelphia, PA | $6,453,189 |
Senator George J Mitchell Scholarship Research Institute | 501(c)(3) | Portland, ME | $3,294,225 |
California Restaurant Foundation | 501(c)(3) | Sacramento, CA | $3,205,829 |
Jefferson Scholars Foundation | 501(c)(3) | Charlottesville, VA | $33,501,224 |
UW-Whitewater Foundation | 501(c)(3) | Whitewater, WI | $7,028,290 |
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 22, 2024
Updated personnel
Identified 9 new personnel
January 2, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Fundraising eventsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
- Address
- PO Box 3620
- Santa Barbara, CA 93130
- Metro area
- Santa Maria-Santa Barbara, CA
- County
- Santa Barbara County, CA
- Website URL
- sbscholarship.org/Â
- Phone
- (805) 687-6065
- Facebook page
- sbscholarshipÂ
IRS details
- EIN
- 23-7087774
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1962
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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