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Filing year 2022

THE FOUNDATION FOR SANTA BARBARA

Santa Barbara, California·EIN 95-3234551·NTEE B110 · Education·3
Total revenue
$7.3M
Total assets
$88.7M
Total expenses
$0
Reported officers
26
Mission

AS AN INDEPENDENT 501(C)(3) NONPROFIT ORGANIZATION AND PARTNER TO SBCC, THE SBCC FOUNDATION AWARDS MORE THAN $5 MILLION ANNUALLY FOR STUDENT SUCCESS PROGRAMS, SCHOLARSHIPS, BOOK GRANTS, EMERGENCY FUNDS, AND OTHER CRITICAL NEEDS OF THE COLLEGE. FOR NEARLY FIVE DECADES, THE RESOURCES RAISED AND MANAGED BY THE SBCC FOUNDATION HAVE SUPPORTED SBCC STUDENTS AS THEY PREPARE FOR CAREERS, TRANSFER TO FOUR-YEAR UNIVERSITIES, AND PURSUE LIFELONG LEARNING GOALS. IN 2016, THE FOUNDATION CREATED THE SBCC PROMISE, OFFERING ALL RECENT, LOCAL HIGH SCHOOL GRADUATES THE OPPORTUNITY TO ATTEND SBCC FULL-TIME AT NO COST. THE SBCC PROMISE RELIES ENTIRELY ON PRIVATE SUPPORT AND COVERS ALL REQUIRED FEES, BOOKS, AND SUPPLIES FOR UP TO TWO YEARS. TO DATE, MORE THAN 7,000 LOCAL STUDENTS HAVE PARTICIPATED IN THE SBCC PROMISE.

Executive compensation, broken down

Form 990 · Schedule J · 8 reported individuals · Filing year 2022

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Chief Executive Officer
$286k
Chief Financial Officer
$163k
Chief Program Officer
highest compensated employee
$146k
Ex-Officio - Sbcc
board member
$25k
Ex-Officio - Sbcc
board member
$22k
Ex-Officio - Sbcc
board member
$18k
Ex-Officio - Sbcc
board member
$14k
Ex-Officio - Sbcc
board member
$11k

Plus 18 unpaid individuals.

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Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

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