EIN 23-7087774

Scholarship Foundation of Santa Barbara

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1962
Most recent tax filings
2023-06-01
Description
Santa Barbara's Scholarship Foundation helps students achieve postsecondary education goals through scholarships, advising, and financial aid counseling.
Total revenues
$10,459,065
2023
Total expenses
$9,149,947
2023
Total assets
$68,972,600
2023
Num. employees
19
2023

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
GrantmakerDescriptionAmount
Santa Barbara FoundationEducational Institutions$1,059,600
The George and Dale Cavalletto CharitiesEducation$990,000
Burnand-Partridge Foundation H Scott Partridge Et Al Co-TrusteesScholarships$470,000
...and 56 more grants received totalling $4,532,741

Personnel at Scholarship Foundation of Santa Barbara

NameTitleCompensation
Barbara RobertsonPresidenet and Chief Executive Officer$193,444
Mary DwyerInterim President and Chief Executive Officer$8,880
James HutchinsonChief Financial Officer$116,327
Tim DoughertyChief Communications Officer$118,327
Len SmolburdChief Programs Officer$131,559
...and 8 more key personnel

Financials for Scholarship Foundation of Santa Barbara

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,378,046
Program services$85,392
Investment income and dividends$1,494,052
Tax-exempt bond proceeds$0
Royalty revenue$63,675
Net rental income$0
Net gain from sale of non-inventory assets$565,830
Net income from fundraising events$-127,930
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,459,065

Form 990s for Scholarship Foundation of Santa Barbara

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-11-14990View PDF
2021-062022-01-31990View PDF
2020-062021-04-13990View PDF
2019-062020-06-26990View PDF
...and 9 more Form 990s

Organizations like Scholarship Foundation of Santa Barbara

OrganizationLocationRevenue
Oregon Tech FoundationKlamath Falls, OR$6,429,423
Marine Corps Scholarship FoundationAlexandria, VA$37,411,876
California Restaurant FoundationSacramento, CA$3,205,829
Senator George J Mitchell Scholarship Research InstitutePortland, ME$3,294,225
The Union League Legacy FoundationPhiladelphia, PA$6,453,189
Page Education FoundationMinneapolis, MN$3,199,305
George Snow Scholarship FundBoca Raton, FL$3,613,699
Montana State University Billings FoundationBillings, MT$3,844,077
Missouri State University Foundation (MSU)Springfield, MO$43,988,048
Spencer Educational FoundationNew York, NY$2,712,012
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 3, 2024
Received grants
Identified 26 new grant, including a grant for $1,059,600 from Santa Barbara Foundation
January 2, 2024
Used new vendors
Identified 1 new vendor, including
October 26, 2023
Received grants
Identified 8 new grant, including a grant for $990,000 from The George and Dale Cavalletto Charities
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/ 
Phone
(805) 687-6065
Facebook page
sbscholarship 
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
Free account sign-up

Want updates when Scholarship Foundation of Santa Barbara has new information, or want to find more organizations like Scholarship Foundation of Santa Barbara?

Create free Cause IQ account