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Education : Scholarship and Financial Support

Scholarship Foundation of Santa Barbara

Creating opportunity, transforming lives…one scholarship at a time

four stars

91.88

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

Board Leadership
Don Logan
Board Chair

CEO
Victoria Juarez
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.88 four stars
  Financial 88.52 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2019 and includes data from FY2018, the most recent 990 received at that time.

For more than 50 years, the Scholarship Foundation of Santa Barbara has helped local students access postsecondary education.

The Scholarship Foundation of Santa Barbara inspires, encourages, and supports Santa Barbara County students to and through college, graduate, and vocational school by providing information, advising, and scholarships.

The nation's largest community-based provider of college scholarships, the Scholarship Foundation has cumulatively awarded in excess of $108 million to more than 50,000 county students since its founding in 1962. The Foundation awarded $8.32 million in scholarships to 2,620 county students in May 2018.

Scholarship Foundation workshops and financial aid advisory appointments at school sites and our offices serve approximately 20,000 individuals each year. Individual financial aid advisory appointments numbered 1,566 in 2017-18, an increase of more than 50 percent over the prior year.

For more than 50 years, the Scholarship Foundation of Santa Barbara has helped local students access postsecondary education.

The Scholarship Foundation of Santa Barbara inspires, encourages, and supports Santa Barbara County students to and through college, graduate, and vocational school by providing information, advising, and scholarships.

The nation's largest community-based provider of college scholarships, the Scholarship Foundation has cumulatively awarded in excess of $108 million to more than 50,000 county students since its founding in 1962. The Foundation awarded $8.32 million in scholarships to 2,620 county students in May 2018.

Scholarship Foundation workshops and financial aid advisory appointments at school sites and our offices serve approximately 20,000 individuals each year. Individual financial aid advisory appointments numbered 1,566 in 2017-18, an increase of more than 50 percent over the prior year.

Impact Information

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Financial

three stars

88.52

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2019 and includes data from FY2018, 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)
89.8%
  Administrative Expenses 4.8%
  Fundraising Expenses 5.2%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.53
  Program Expenses Growth 1.0%
  Liabilities to Assets 13.6%
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) 91.88 four stars
The Posse Foundation (NY) 89.18 three stars
Step Up For Students (FL) 96.66 four stars
Horatio Alger Association of Distinguished Americans (VA) 92.38 four stars
The Francis Ouimet Scholarship Fund (MA) 89.54 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,120,676
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $178,450
   Related Organizations $0
   Government Grants $0
Total Contributions $7,299,126
   Program Service Revenue $85,392
Total Primary Revenue $7,384,518
   Other Revenue $5,754,569
TOTAL REVENUE $13,139,087
   
EXPENSES  
   Program Expenses $8,993,405
   Administrative Expenses $561,495
   Fundraising Expenses $516,812
TOTAL FUNCTIONAL EXPENSES $10,071,712
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,067,375
   
Net Assets $48,151,991

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 Financial Aid Counseling $8,715,155 96.9%
Financial Aid and Scholarship Presentations $278,250 3.1%

Ratings History
Scholarship Foundation of Santa Barbara has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 05/01/2019 91.88 four stars
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

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
Compensation % of Expenses Paid to Title
$226,716 2.25% Candace Winkler President, CEO
Other Salaries of Note
$107,806 1.07% Barbara Robertson Interim President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Scholarship Foundation of Santa Barbara (CA) 91.88 four stars
UNCF (DC) 88.22 three stars
I Know I Can (OH) 98.05 four stars
Children's Scholarship Fund (NY) 94.47 four stars
ACCESS College Foundation (VA) 93.38 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

Victoria Juarez
President, CEO

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