Santa Barbara Foundation
95% goes to programs $2 to raise $100 Strong reserves Growing revenue
Santa Barbara Foundation is a 501(c)(3) organization based in Santa Barbara, California, registered in 1938, with $121,575,886 in FY2024 revenue. CharityIndex grades it A+, and it directs about 95% of spending to programs.
1111 Chapala St Ste 200, Santa Barbara, CA, 93101 EIN 95-1866094 Since 1938
Revenue (FY2024)
$121.6M
▲ 221.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$120.0M
Net assets
$470.3M
Employees
48
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating95% to programs · $2 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Santa Barbara Foundation: 95% to programs · $2 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating47 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Santa Barbara Foundation: 47 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Santa Barbara Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Santa Barbara Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of the santa barbara foundation (sbf) is to mobilize collective wisdom and philanthropic capital to build empathetic, inclusive and resilient communities.sbf is a community foundation established in 1928 to enrich the lives of the people of santa barbara county through philanthropy. as one of the largest private sources of funding for area nonprofits, agencies and college bound students, sbf builds and facilitates philanthropy through donor partnerships; invests in nonprofits; and identifies and strategically addresses important community needs.
What they do
Sbf provided funding of over $1 million in 2024 to local nonprofit organizations providing services in the areas of behavioral health, health care, food, and shelter & safety thorough its community grants programs.
Sbf provided funding of over $1 million in 2024 to the scholarship foundation of santa barbara for student aid. through this collaboration over 150 students of santa barbara county received scholarship awards.
Contact & location
- Address
- 1111 Chapala St Ste 200, Santa Barbara, CA, 93101
- City
- Santa Barbara
- State
- California
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $36.0M (FY2013) to $121.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $33.2MNet assets $470.3M
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$503.6M
Total liabilities
$33.2M
Net assets
$470.3M
Salaries & benefits
$6.0M
5% of expenses
Board members
21
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $121,575,886▲222% | $120,022,004▲235% | $470,326,450▲7.6% | $503,570,797▲6.1% | 990 |
| 2023 | $37,810,274▼41.9% | $35,776,166▲5.2% | $437,153,705▲7.3% | $474,773,392▲8.1% | 990 |
| 2022 | $65,112,090▲21.5% | $34,018,312▼22.1% | $407,441,243▼3.5% | $439,373,124▼3.8% | 990 |
| 2021 | $53,590,434▲23.9% | $43,641,618▲32.6% | $422,418,091▲8.0% | $456,585,072▲8.5% | 990 |
| 2020 | $43,254,704▲45.8% | $32,916,746▼15.3% | $391,101,119▲7.5% | $420,966,327▲7.2% | 990 |
| 2019 | $29,668,906▲14.6% | $38,873,354▲7.2% | $363,764,116▲4.5% | $392,665,597▲5.4% | 990 |
| 2018 | $25,883,777▼86.6% | $36,251,374▲10.8% | $348,200,868▼12.9% | $372,582,050▼12.1% | 990 |
| 2017 | $193,680,315▲773% | $32,703,267▲21.3% | $399,678,085▲68.1% | $424,101,970▲63.7% | 990 |
| 2016 | $22,188,855▼21.8% | $26,963,399▲8.5% | $237,822,016▲1.3% | $259,089,047▲1.7% | 990 |
| 2015 | $28,381,712▼7.7% | $24,849,470▲1.7% | $234,827,385▼2.7% | $254,724,840▼3.1% | 990 |
| 2014 | $30,737,562▼14.6% | $24,427,131▲4.8% | $241,368,385▲1.9% | $262,911,900▲2.9% | 990 |
| 2013 | $35,993,533 | $23,297,451▼5.5% | $236,787,511▲5.6% | $255,430,446▲7.7% | 990 |
| 2012 | — | $24,665,098▲13.1% | $224,311,224▲4.4% | $237,091,806▲4.7% | 990 |
| 2011 | — | $21,802,831▼16.6% | $214,779,574▼3.1% | $226,495,825▼2.5% | 990 |
| 2010 | — | $26,127,584 | $221,726,318 | $232,267,004 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jacqueline Carrera — $457,442 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jacqueline Carrera | President & Ceo | 40 | $457,442 |
| Todd Yuba | Vp, Finance & Administration | 40 | $297,791 |
| Elizabeth Thasiah | Vp, Programs | 40 | $224,387 |
| Tammy Sims Johnson | Vp, Philanthropic Services | 40 | $214,255 |
| Janet Mocker | Senior Director of Finance | 40 | $187,271 |
| Jessica Sanchez | Senior Director of Donor Relations | 40 | $144,202 |
| Jenny Kearns | Senior Director of Grantmaking | 40 | $137,695 |
| Alexandra Allen | Trustee | 2 | — |
| Alex Simas | Trustee | 2 | — |
| Angel Iscovich | Vice Chair | 3 | — |
| Danna Mcgrew | Treasurer | 3 | — |
| Ernesto Paredes | Trustee | 2 | — |
| George Adam | Trustee | 2 | — |
| Kiah Jordan | Trustee | 2 | — |
| Lois Mitchell | Trustee | 2 | — |
| Lynn Scarlett | Trustee | 2 | — |
| Matt Rowe | Chair | 4 | — |
| Michael Pfau | Secretary | 3 | — |
| Pamela Gann | Trustee | 2 | — |
| Pamela Macal | Trustee | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Meketa Investment Group Inc | Investment Management | $356,238 |
| Pip Printing | Printing Services | $148,313 |
| Mission Minded Inc | Consulting | $142,652 |
| Fusion Labs Inc | Hosted Infrastructure | $130,000 |
| Moss Adams LLP | Accounting | $125,640 |
Grants received · $109.4M total
180 grants to Santa Barbara Foundation totaling $109.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Dechomai Foundation Inc | Unrestricted | 2024 | $72,342,078 |
| Wyatt Family Foundation | To support the activities of the santa barbara foundation. | 2024 | $910,378 |
| Eric and Kelly Schwartz Charitable Trust | In support of santa barbara foundation, impact investing, housing affordability, wildfire resilience, and conservation, environment and public trails projects | 2024 | $838,000 |
| California Healthcare Foundation | Central coast chw/ps capacity building collaborative; chw/p/r amplifying impact initiative - accelerator | 2024 | $70,000 |
| Arizona Community Foundation | This award is designated support for the claude and susan case donor advised fund | 2024 | $49,219 |
| American Endowment Foundation | Philanthropy | 2024 | $17,500 |
| American Online Giving Foundation Inc | General support | 2024 | $15,825 |
| American Gift Fund | Operations | 2024 | $12,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $7,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $886,997 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $181,766 |
| California Community Foundation | Economic opportunity | 2023 | $139,500 |
| The Board of Trustees of the Leland Stanford Junior University | Fund support | 2023 | $100,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $52,000 |
| California Healthcare Foundation | Central coast chw/ps capacity building collaborative; continued support of the regional community health worker capacity building collaborative | 2023 | $51,000 |
Grants made · $107.7M in FY2024
447 grants totaling $107.7M in FY2024 — showing the 15 largest. All grants made by Santa Barbara Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Wyatt Family Foundation | To fund supporting organization | $67,749,150 |
| Dechomai Asset Trust | Public and societal benefit | $7,000,000 |
| Fidelity Investments Charitable Gift Fund | Public and societal benefit | $6,299,195 |
| Scholarship Foundation of Santa Barbara | Education and youth development | $1,271,700 |
| Foothills Forever Incorporated | Environment and animals | $1,159,104 |
| Santa Barbara Center For the Performing Arts Inc | Arts, culture, and humanities | $1,098,650 |
| Community Partners | Public and societal benefit | $890,993 |
| Lewis and Clark College | Education and youth development | $756,340 |
| Animal Legal Defense Fund | Environment and animals | $689,100 |
| Santa Barbara Humane Society For the Prevention of Cruelty To Anima | Environment and animals | $618,221 |
| Congregation Bnai Brith | Human services | $605,100 |
| Santa Barbara Museum of Natural History | Arts, culture, and humanities | $517,318 |
| University of California Santa Barbara | Behavioral health & health care | $427,763 |
| Music Academy of the West | Arts, culture, and humanities | $403,321 |
| Santa Barbara Museum of Art | Arts, culture, and humanities | $313,110 |
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Frequently asked questions
- Is Santa Barbara Foundation a legitimate nonprofit?
- Yes. Santa Barbara Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1866094, based in Santa Barbara, California. Donations are tax-deductible.
- What is Santa Barbara Foundation's EIN?
- Santa Barbara Foundation's Employer Identification Number (EIN) is 95-1866094.
- How much revenue does Santa Barbara Foundation report?
- Santa Barbara Foundation reported $121,575,886 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Santa Barbara Foundation's spending goes to programs?
- Santa Barbara Foundation spends about 95% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Santa Barbara Foundation have?
- CharityIndex grades Santa Barbara Foundation A+, based on program efficiency and fundraising cost.
- How much does Santa Barbara Foundation's highest-paid employee make?
- The highest reported compensation on Santa Barbara Foundation's latest Form 990 is $457,442, paid to Jacqueline Carrera (President & Ceo).
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Data for Santa Barbara Foundation (EIN 95-1866094) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.