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Santa Barbara Foundation
Santa Barbara Foundation reported $121.6 million in revenue and $120.0 million in expenses for calendar year 2024. Of every $100 it spent, $95.13 went to program services, $2.92 to management and general costs and $1.95 to fundraising. Its largest source of revenue was contributions and grants: 85.6% of the total. The highest compensation it reported for one person was $541,304 (PRESIDENT & CEO). 17 people received more than $100,000 in reportable compensation. Revenue rose 310% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $120MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $122M- Contributions & grants (non-government)$84.41 $103M
- Government grants$1.07 $1.3M
- Program service revenue$0.61 $742K
- Investment income$13.91 $17M
Other revenue was negative: −$131K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.9% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 85.6% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.1% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.6% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $541,304 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.45% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 17 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 47.0 | 56.6 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseSbf serves the entire county of Santa Barbara, funding a wide range of initiatives, projects and organizations. In 2024, sbf awarded over 2,000 grants to nonprofit organizations. Grants are made through sbf from various types of funds, including: donor advised funds, donor designated funds and field of interest funds. Discretionary grants, totaling over $6 million in 2024, are supported by sbf's unrestricted endowment income and are awarded with the approval of the board of trustees based on recommendations of sbf staff following a rigorous process of research, due diligence, planning and…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 40.00 hrs/week | $457,442 | $0 | $83,862 | $541,304 |
| VP, FINANCE & ADMINISTRATION Officer, 40.00 hrs/week | $297,791 | $0 | $56,674 | $354,465 |
| VP, PHILANTHROPIC SERVICES Highest compensated employee, 40.00 hrs/week | $214,255 | $0 | $59,611 | $273,866 |
| VP, PROGRAMS Highest compensated employee, 40.00 hrs/week | $224,387 | $0 | $42,236 | $266,623 |
| SENIOR DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $187,271 | $0 | $47,424 | $234,695 |
| SENIOR DIRECTOR OF DONOR RELATIONS Highest compensated employee, 40.00 hrs/week | $144,202 | $0 | $39,644 | $183,846 |
| SENIOR DIRECTOR OF GRANTMAKING Highest compensated employee, 40.00 hrs/week | $137,695 | $0 | $28,381 | $166,076 |
17 people received more than $100,000 in reportable compensation from Santa Barbara Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $896K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 548
- Volunteers Part I, line 6150
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| 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 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
45 private foundations reported grants to Santa Barbara Foundation totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Santa Barbara Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Santa Barbara Foundation, you can publish a response that is linked from this page.
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Of every $100 Santa Barbara Foundation spent in 2024, $95.13 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- J Howard Pew Freedom TrustPhiladelphia, PA · revenue $117M · programs 91.9% · 2024
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All philanthropy, voluntarism & grantmaking charities · Largest charities in California
Questions people ask
How much of Santa Barbara Foundation's spending goes to programs?
In calendar year 2024, Santa Barbara Foundation reported that 95.1% of its $120.0 million in expenses went to program services, 2.9% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Santa Barbara Foundation pay its top executive?
The largest total compensation Santa Barbara Foundation reported for one person in calendar year 2024 was $541,304, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Santa Barbara Foundation get its money?
Of $121.6 million in revenue in calendar year 2024, 85.6% came from contributions and grants (including 1.1% from government grants) and 0.6% from program service revenue (Form 990, Part VIII).
Is Santa Barbara Foundation a registered charity?
The IRS lists EIN 95-1866094 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533149349305653 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433149349300023 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343179349305629 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349312707 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123159349302272 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043169349305739 · read the filing
All filings for EIN 95-1866094: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.