Santa Barbara Foundation
Santa Barbara Foundation
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About this organization
Mission
The mission of the Santa Barbara Foundation is to mobilize collective wisdom and philanthropic capital to build empathetic, inclusive and resilient communities. The Santa Barbara Foundation exists for one reason – to improve the lives of the residents and the vibrancy of the unique and diverse communities throughout Santa Barbara County. We do that by mobilizing our county's best resources – our people, our knowledge, and our desire for change and improvement. As a leader and partner, we gather people to address the communities' most pressing needs. Our goal is to harness the intellectual and philanthropic resources available and invest in solutions to the problems that challenge our community.
About
The Santa Barbara Foundation serves the entire county of Santa Barbara, funding a wide range of initiatives, projects and organizations. In 2018, the foundation awarded over 2,600 grants to nonprofit organizations. Grants are made through the foundation from various types of funds, including: donor advised funds, donor designated funds and field of interest funds. Discretionary grants, totaling over $4 million in 2018, are supported by the foundation's unrestricted endowment income and are awarded with the approval of the board of trustees based on recommendations of foundation staff following a rigorous process of research, due diligence, planning and evaluation.
Interesting data from their 2020 990 filing
The filing reveals the mission of the non-profit as “The mission of the santa barbara foundation is to mobilize collective wisdom and philanthropic capital to build empathetic, inclusive and resilient communities.”.
When detailing its functions, they were listed as: “The mission of the santa barbara foundation is to mobilize collective wisdom (please see schedule o) and philanthropic capital to build empathetic, inclusive and resilient communities. the santa barbara foundation is a community foundation established in 1928 to enrich the lives of the people of santa barbara county through philanthropy. as one of the largest private sources of funding for area nonprofits, agencies and college bound students, the foundation builds and facilitates philanthropy through donor partnerships; invests in nonprofits; and indentifies and strategically addresses important community needs.”.
- According to the law, the state where the non-profit operates has been reported as CA.
- The filing specifies that the non-profit's address in 2020 was 1111 CHAPALA STREET SUITE 200, SANTA BARBARA, CA, 93101.
- As of 2020, the non-profit's form shows they have a total of 34 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$10,367,597.
- The organization has 19 independent voting members.
- The organization was formed in 1928.
- The organization pays $2,991,787 in salary, compensation, and benefits to its employees.
- The organization pays $1,535,721 in fundraising expenses.