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Scholarship Foundation of Santa Barbara

Scholarship Foundation of Santa Barbara

Santa Barbara, CA 93105
Tax ID23-7087774

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Amount

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About this organization

Revenue

$11,406,790

Expenses

$9,200,854

Website

sbscholarship.org

Mission

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.

About

The Scholarship Foundation of Santa Barbara helps Santa Barbara County students access postsecondary education through scholarships and financial aid counseling. It is the nation's largest community-based provider of college scholarships, having cumulatively awarded in excess of $123 million to more than 50,000 county students since its founding in 1962. In 2019, the Scholarship Foundation awarded a total of $7.98 million to 2,447 Santa Barbara County students. Scholarships for undergraduates studying at four-year colleges and universities averaged $3,266. Fifty-two percent of this year's recipients are the first in their family to attend college. The primary criteria for award selection are financial need, potential, and motivation.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “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.”.

When outlining the tasks it performs, they were referred to as: “Inspire, encourage & support students to and through college, graduate & vocational school.”.

  • The non-profit's reported state of operation is CA as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is PO BOX 3620, SANTA BARBARA, CA, 93130.
  • As of 2020, the non-profit has 21 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $2,205,936.
  • The organization has 36 independent voting members.
  • The organization was formed in 1962.
  • The organization pays $1,486,191 in salary, compensation, and benefits to its employees.
  • The organization pays $473,146 in fundraising expenses.

Additional Non-Profits in the area

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