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Education : Scholarship and Financial Support

Scholarship Foundation of Santa Barbara

Over 50 years of keeping our commitment to local students

four stars

90.71

2253 Las Positas Road Santa Barbara, CA 93105
tel: (805) 687-6065   Web Site
EIN: 23-7087774

Board Leadership
Don Logan
Board Chair

CEO
Barbara Robertson
Interim President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 90.71 four stars
  Financial 87.50 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.

For over 50 years, the Scholarship Foundation of Santa Barbara has helped local students pay for their higher education - vocational, community college, or four year college or graduate school.

We inspire, encourage and support Santa Barbara County students in their pursuit of college, graduate, and vocational education through financial aid advising and scholarships.

Beginning with nine $100 book awards in 1962, we have grown to award $8.7million in student aid for the 2015-16 academic year.

The Scholarship Foundation of Santa Barbara reached 37,653 students, parents, and educators in 2013-14 through financial aid and scholarship presentations and financial aid advising sessions at school sites and our offices. This is a 7% increase in services over 2012-2013. Staff attended 1,444 outreach events, an increase of 3% over the prior year.

For over 50 years, the Scholarship Foundation of Santa Barbara has helped local students pay for their higher education - vocational, community college, or four year college or graduate school.

We inspire, encourage and support Santa Barbara County students in their pursuit of college, graduate, and vocational education through financial aid advising and scholarships.

Beginning with nine $100 book awards in 1962, we have grown to award $8.7million in student aid for the 2015-16 academic year.

The Scholarship Foundation of Santa Barbara reached 37,653 students, parents, and educators in 2013-14 through financial aid and scholarship presentations and financial aid advising sessions at school sites and our offices. This is a 7% increase in services over 2012-2013. Staff attended 1,444 outreach events, an increase of 3% over the prior year.

Financial

three stars

87.50

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.3%
  Administrative Expenses 4.4%
  Fundraising Expenses 5.1%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 1.55
  Program Expenses Growth -2.3%
  Liabilities to Assets 13.4%
All data for Financial Performance Metrics calculations was provided by Scholarship Foundation of Santa Barbara on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Scholarship Foundation of Santa Barbara on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Scholarship Foundation of Santa Barbara (CA) 90.71 four stars
Seeds of Hope Charitable Trust (CO) 100.00 four stars
Pardes Institute of Jewish Studies, North America (NY) 90.17 four stars
Step Up For Students (FL) 98.23 four stars
ACE Scholarships (CO) 96.35 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,270,515
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $9,270,515
   Program Service Revenue $85,392
Total Primary Revenue $9,355,907
   Other Revenue $2,268,729
TOTAL REVENUE $11,624,636
   
EXPENSES  
   Program Expenses $8,109,051
   Administrative Expenses $406,650
   Fundraising Expenses $485,804
TOTAL FUNCTIONAL EXPENSES $9,001,505
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,623,131
   
Net Assets $47,394,101

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships and Loans $7,562,457 93.3%
Financial Aid and Scholarship Presentations $546,594 6.7%

Ratings History
Scholarship Foundation of Santa Barbara has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 06/01/2018 90.71 four stars
2016-06 06/01/2017 91.02 four stars
2015-06 06/01/2016 94.56 four stars
 
CN 2.0
2015-06 03/01/2016 90.75 four stars
2014-06 07/01/2015 90.41 four stars
2013-06 04/01/2014 94.16 four stars
2012-06 09/01/2013 90.53 four stars
2012-06 07/01/2013 89.32 three stars
2011-06 05/01/2012 92.32 four stars
2010-06 09/20/2011 91.65 four stars
 
CN 1.0
2010-06 05/01/2011 86.77 three stars
2009-06 06/01/2010 87.87 three stars
2008-06 04/01/2009 99.38 four stars
2007-06 06/01/2008 99.26 four stars
2006-06 03/01/2007 99.33 four stars
2005-06 03/01/2006 96.69 four stars
2004-06 04/01/2005 99.31 four stars
2003-06 05/01/2004 99.31 four stars
2002-06 06/09/2003 95.11 four stars
2001-06 10/15/2002 89.10 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7087774
Name in IRS Master File SCHOLARSHIP FOUNDATION OF SANTA BARBARA
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (922) Endowment fund or financial services
(40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1964
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$182,104 2.02% Candace Winkler President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Scholarship Foundation of Santa Barbara (CA) 90.71 four stars
Special Operations Warrior Foundation (FL) 94.47 four stars
Simon Youth Foundation (IN) 88.63 three stars
I Know I Can (OH) 98.05 four stars
College Now Greater Cleveland (OH) 95.47 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Scholarship Foundation of Santa Barbara
2253 Las Positas Road
Santa Barbara, CA 93105
tel: (805) 687-6065
fax: (805) 687-6031
EIN: 23-7087774

Mail donations to:
P.O. Box 3620
Santa Barbara, CA 93130

Visit Web Site

Board Leadership

Don Logan
Board Chair

CEO

Barbara Robertson
Interim President and CEO

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