Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1938.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
23 people listed on the 990; $1.3M paid to officers and key staff.
Jacqueline Carrera’s $457K as President & CEO is at the 46th percentile of top reported officer pay among 129 $100M+ philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jacqueline Carrera | $457,442 | $401,076 | $372,313 | $326,158 | $324,918 |
| Ronald Gallo Edd | — | — | — | — | $369,111 |
| Todd Yuba | $297,791 | $266,785 | $254,802 | $174,454 | — |
| Elizabeth Thasiah | $224,387 | — | — | — | — |
| Tammy Sims Johnson | $214,255 | $194,520 | — | — | — |
| Janet Mocker | $187,271 | $171,472 | $159,518 | $154,546 | $166,837 |
| Rubayi Estes | — | $140,900 | $168,641 | $154,389 | $127,151 |
| Jessica Sanchez | $144,202 | — | $117,987 | $116,350 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Mobilizes philanthropic capital and donor partnerships to fund local nonprofits, address community needs, and provide college scholarships for students in Santa Barbara County.
Questions for Santa Barbara Foundation
Your first name shows with your question. Santa Barbara Foundation answers here, for everyone.
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SBF serves the entire county of santa barbara, funding a wide range of initiatives, projects and organizations. In 2020, SBF awarded over 2,800 grants to nonprofit organizations. Grants are made through SBF from various types of funds, including: donor advised funds, donor designated funds and field of interest funds.
The santa barbara foundation, united way of santa barbara county and hutton parker foundation began a countywide collaborative of funders to provide assistance to individuals and families as well as organizations actively engaged in assistance efforts for members of the community affected by the COVID-19 pandemic.
SBF provided funding of over $1 million in 2020 to the scholarship foundation of santa barbara for student aid. Through this collaboration, over 300 students of santa barbara county received scholarship awards.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $34.1M | $40.7M |
| InvestmentsLn 11–13 | $211.3M | $231.6M |
| Land, buildings, equipmentLn 10c | $14.3M | $13.8M |
| Total assetsLn 16 | $392.7M | $421.0M |
| LiabilitiesLn 26 | $28.9M | $29.9M |
| Net assetsLn 32 | $363.8M | $391.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $24.2M | $24.2M | ||
| Grants to domestic individualsLn 2 | $604K | $604K | ||
| Grants and assistance to foreign recipientsLn 3 | $85K | $85K | ||
| Pay of current officers, directors and key staffLn 5 | $1.0M | $255K | $428K | $337K |
| Other salaries and wagesLn 7 | $2.2M | $796K | $926K | $512K |
| Pension plan contributionsLn 8 | $178K | $65K | $70K | $42K |
| Other employee benefitsLn 9 | $300K | $107K | $121K | $73K |
| Payroll taxesLn 10 | $214K | $71K | $88K | $56K |
| Management feesLn 11a | $319K | $71K | $226K | $23K |
| Legal feesLn 11b | $13K | $4K | $4K | $5K |
| Accounting feesLn 11c | $104K | $104K | ||
| Investment management feesLn 11f | $546K | $546K | ||
| Other fees for servicesLn 11g | $995K | $995K | ||
| Advertising and promotionLn 12 | $177K | $127K | $2K | $48K |
| Office expensesLn 13 | $103K | $37K | $42K | $24K |
| Information technologyLn 14 | $227K | $85K | $93K | $49K |
| OccupancyLn 16 | $269K | $117K | $86K | $66K |
| Conferences, conventions and meetingsLn 19 | $57K | $24K | $22K | $11K |
| InterestLn 20 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $227K | $76K | $87K | $64K |
| InsuranceLn 23 | $83K | $61K | $18K | $4K |
| Other expenses (24a–d)Ln 24 | $974K | $844K | $31K | $99K |
| All other expensesLn 24e | $9K | $9K | ||
| Total functional expensesLn 25 | $32.9M | $29.2M | $2.3M | $1.4M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $121.6M | $120.0M | $1.6M | $470.3M | 990 PDF |
| FY2023 | $37.8M | $35.8M | $2.0M | $437.2M | 990 PDF |
| FY2022 | $65.1M | $34.0M | $31.1M | $407.4M | 990 PDF |
| FY2021 | $53.6M | $43.6M | $9.9M | $422.4M | 990 PDF |
| FY2020 Viewing | $43.3M | $32.9M | $10.3M | $391.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $43,254,704 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, no flags
Part VIII · Statement of revenue $43,254,704 across 11 lines filed
Part IX · Statement of functional expenses $32,916,746 across 23 lines filed
Part X · Balance sheet $420,966,327 assets, 19 lines filed
Part XI · Reconciliation of net assets $391,101,119 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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