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 7,500 LOCAL STUDENTS HAVE PARTICIPATED IN THE SBCC PROMISE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in California.
- Base
- $276k
- Bonus
- —
- Other
- —
- Benefits
- $27k
- Base
- $150k
- Bonus
- $6k
- Other
- —
- Benefits
- $30k
- Base
- $148k
- Bonus
- $6k
- Other
- —
- Benefits
- $91
- Base
- $136k
- Bonus
- $547
- Other
- —
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Officer (thru 01/02/24) Officer (Unspecified) | $276k | — | — | $27k | $318k $348k |
Chief Financial Officer Median to 75th percentile | $150k | $6k | — | $30k | $190k $208k |
Chief Development Officer 25th percentile to median | $148k | $6k | — | $91 | $157k $172k |
Chief Program Officer 25th percentile to medianvs Education peers nationwide | $136k | $547 | — | $11k | $157k $171k |
Ex-officio - Sbcc Board Member 25th percentile to median | — | — | — | — | $27k $29k |
Ex-officio - Sbcc (as of 06/24) Board Member 25th percentile to median | — | — | — | — | $23k $25k |
Ex-officio - Sbcc Board Member 25th percentile to median | — | — | — | — | $23k $25k |
Ex-officio - Sbcc Board Member 10th to 25th percentile | — | — | — | — | $19k $21k |
Ex-officio - Sbcc Board Member 10th to 25th percentile | — | — | — | — | $13k $14k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE equaled 4% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 11%
from 2022
From $286k in 2022 to $318k in 2023.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Financial Officer pay rose 17% from 2022 to 2023, while revenue rose 27%.
- Chief Program Officer pay rose 7% from 2022 to 2023.
- Board Member pay rose 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE
What does the Chief Financial Officer of THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE earn?
In 2023, the Chief Financial Officer of THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE received $190,403 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Education organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE compare with similar nonprofits?
Compared with the same role at Education organizations in California, the 2023 pay of the Chief Financial Officer at THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE falls between the median and the 75th percentile. In 2023, the highest total compensation at THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE equaled 4% of the organization's total expenses. The median for education organizations is 7%.
What are THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE's revenue and expenses?
In 2023, THE FOUNDATION FOR SANTA BARBARA CITY COLLEGE reported $9.3M in total revenue and $8.8M in total expenses on its IRS Form 990.
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