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Nonprofit · EIN 23-7087774

SCHOLARSHIP FOUNDATION OF SANTA BARBARA

Tax-exempt · SANTA BARBARA, CA 93130

Financials

$9.8M$9.3M2023$31.9M$10.3M2024
Revenue Expenses · by fiscal year end
Financials of SCHOLARSHIP FOUNDATION OF SANTA BARBARA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$31,875,035$10,320,320$21,554,715$88,807,931$8,154,424$80,653,507
June 30, 2024990$9,786,365$9,300,394$485,971$75,961,748$7,260,103$68,701,645
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,002,048
Program service revenue
$85,392
Investment income
$17,824,271
Royalties
$30,307
Net gain from sales of assets
$15,479,241
Net income from fundraising events
-$66,983
Other revenue
-$36,676

Expenses

Grants and similar amounts paid
$7,509,261
Compensation of officers, directors and key employees
$458,889
Other salaries and wages
$1,226,194
Salaries, compensation and benefits (total)
$1,991,581
Professional fundraising fees
$12,088
Accounting fees
$58,190
Occupancy
$102,768
Travel
$11,737
Depreciation
$4,555
Program services (functional)
$8,767,911
Management and general (functional)
$885,183
Fundraising (functional)
$667,226

Balance sheet and other

Total assets, start of year
$75,961,748
Total assets, end of year
$88,807,931
Total liabilities, end of year
$8,154,424
Net assets, end of year
$80,653,507
Land, buildings and equipment
$12,810
Publicly traded securities
$70,865,118
Net assets without donor restrictions
$8,271,396
Net assets with donor restrictions
$72,382,111
Gross receipts
$104,652,704
Employees
22
Volunteers
100
Year formed
1962
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MELINDA CABRERACEO
Officer
40$242,727$17,908
JAMES HUTCHINSONCFO
Officer
40$169,294$12,472
TIM DOUGHERTYCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$153,156$12,047
LYNNRAE DUNNDEVELOPMENT DIRECTOR
Highest-paid employee
40$142,297$7,661
DANNA MCGREWBOARD CHAIR
Trustee or director, Officer
8$0$0
PAMELA GANNVICE CHAIR
Trustee or director, Officer
3$0$0
PHILIP FRANKLINSECRETARY
Trustee or director, Officer
3$0$0
JENNIFER BROWNDIRECTOR
Trustee or director
2$0$0
ANNA BURNBAUMDIRECTOR
Trustee or director
2$0$0
JULIA CARVERDIRECTOR
Trustee or director
2$0$0
SARAH CHRISMANDIRECTOR
Trustee or director
2$0$0
DAVID DURONDIRECTOR
Trustee or director
2$0$0
MARY DWYERDIRECTOR
Trustee or director
2$0$0
TIM FIGUEROADIRECTOR
Trustee or director
2$0$0
JANET GARUFISDIRECTOR
Trustee or director
2$0$0
18 more people on this return
NameTitleHours / weekCompensation
GUILLE GIL-REYNOSODIRECTOR
Trustee or director
2$0
ALAN GRIFFINDIRECTOR
Trustee or director
2$0
CHARLIE HUINERDIRECTOR
Trustee or director
2$0
TESSA KAGANOFFDIRECTOR
Trustee or director
2$0
KELLY KNIGHTDIRECTOR
Trustee or director
2$0
AIMEE MILLERDIRECTOR
Trustee or director
2$0
EMIL NAZARETYANDIRECTOR
Trustee or director
2$0
KATHY O'LEARYDIRECTOR
Trustee or director
2$0
MARTY PLOURDDIRECTOR
Trustee or director
2$0
CARRIE RANDOLPHDIRECTOR
Trustee or director
2$0
NANCY RANSOHOFFDIRECTOR
Trustee or director
2$0
MATT ROWEDIRECTOR
Trustee or director
2$0
TRACEY SOLOMONDIRECTOR
Trustee or director
2$0
GEORGE THURLOWDIRECTOR
Trustee or director
2$0
DONNA WEIDLDIRECTOR
Trustee or director
2$0
MICHAEL YOUNGDIRECTOR
Trustee or director
2$0
YOLANDA GARCIADIRECTOR
Trustee or director
2$0
EMILIO HANDALLDIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 34 people
NameTitleHours / weekCompensationOther / benefits
JAMES HUTCHINSONCHIEF FINANCIAL OFFICER
Officer
40$159,247$19,666
MARY DWYERINTERIM CEO & DIRECTOR
Trustee or director, Officer
40$166,397$8,320
TIM DOUGHERTYCHIEF COMMUNICATIONS OFFIC
Highest-paid employee
40$143,474$28,174
LEN SMOLBURDCHIEF PROGRAMS OFFICER
Highest-paid employee
40$122,507$18,596
CHRISTIE GLANVILLEDEVELOPMENT ASSOCIATE
Highest-paid employee
30$122,739$0
MELINDA CABRERAPRESIDENT & CEO
Officer
40$83,077$2,543
PHILIP FRANKLINSECRETARY
Trustee or director, Officer
3$0$0
DANNA MCGREWBOARD CHAIR
Trustee or director
8$0$0
PAMELA GANNVICE CHAIR
Trustee or director
3$0$0
JOAN ARNOLDDIRECTOR
Trustee or director
2$0$0
JENNIFER BROWNDIRECTOR
Trustee or director
2$0$0
NANCY RANSOHOFFDIRECTOR
Trustee or director
2$0$0
SARAH CHRISMANDIRECTOR
Trustee or director
2$0$0
DAVID DURONDIRECTOR
Trustee or director
2$0$0
JANET GARUFISDIRECTOR
Trustee or director
2$0$0
GUILLE GIL-REYNOSODIRECTOR
Trustee or director
2$0$0
ALAN GRIFFINDIRECTOR
Trustee or director
2$0$0
CHARLIE HUINERDIRECTOR
Trustee or director
2$0$0
TESSA KAGANOFFDIRECTOR
Trustee or director
2$0$0
JIM KNIGHTDIRECTOR
Trustee or director
2$0$0
KELLY KNIGHTDIRECTOR
Trustee or director
2$0$0
AIMEE MILLERDIRECTOR
Trustee or director
2$0$0
EMIL NAZARETYANDIRECTOR
Trustee or director
2$0$0
KATHY OLEARYDIRECTOR
Trustee or director
2$0$0
MARTY PLOURDDIRECTOR
Trustee or director
2$0$0
CARRIE RANDOLPHDIRECTOR
Trustee or director
2$0$0
JENNIFER RAPPDIRECTOR
Trustee or director
2$0$0
JAY SMITHDIRECTOR
Trustee or director
2$0$0
TRACEY SOLOMONDIRECTOR
Trustee or director
2$0$0
MATT ROWEDIRECTOR
Trustee or director
2$0$0
ARTHUR SWALLEYDIRECTOR
Trustee or director
2$0$0
GEORGE THURLOWDIRECTOR
Trustee or director
2$0$0
DONNA WEIDLDIRECTOR
Trustee or director
2$0$0
MICHAEL YOUNGDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 3620, SANTA BARBARA, CA 93130-3620
Principal officer (990 for 2024)
MELINDA CABRERA, PO BOX 3620, SANTA BARBARA, CA 93130
Signed the 990
JAMES HUTCHINSON, CHIEF FINANCIAL OFFICER
Phone
(805) 687-6065
Return prepared by
BAKER TILLY ADVISORY GROUP LP

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7087774 or by the name SCHOLARSHIP FOUNDATION OF SANTA BARBARA.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended June 30, 2025

Program accomplishments

  • THE SCHOLARSHIP FOUNDATION OF SANTA BARBARA HELPS SANTA BARBARA COUNTY STUDENTS ACCESS POSTSECONDARY AND VOCATIONAL EDUCATION THROUGH SCHOLARSHIPS AND FINANCIAL AID ADVISING. IT IS THE NATION'S LARGEST COMMUNITY-BASED PROVIDER OF POSTSECONDARY EDUCATION SCHOLARSHIPS, HAVING CUMULATIVELY AWARDED IN EXCESS OF $167 MILLION TO OVER 64,000 STUDENTS THROUGHOUT SANTA BARBARA COUNTY SINCE ITS FOUNDING IN 1962. IN 2025, THE SCHOLARSHIP FOUNDATION AWARDED $7.7 MILLION TO 2,125 SANTA BARBARA COUNTY STUDENTS. SCHOLARSHIPS FOR UNDERGRADUATES STUDYING AT TWO-YEAR AND FOUR-YEAR COLLEGES AND UNIVERSITIES AVERAGED $3,500. SIXTY-ONE PERCENT OF THIS YEAR'S RECIPIENTS ARE THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. THE PRIMARY CRITERIA FOR AWARD SELECTION ARE DONOR INTENT, FINANCIAL NEED, POTENTIAL, AND MOTIVATION.
    Expenses $8,117,387 · grants $7,509,261 · revenue $85,392
  • THE SCHOLARSHIP FOUNDATION OF SANTA BARBARA SERVES MORE THAN 20,000 INDIVIDUALS EACH YEAR THROUGH FINANCIAL AID WORKSHOPS AND INDIVIDUAL APPOINTMENTS. SPECIFICALLY, SCHOLARSHIP FOUNDATION PROGRAM ADVISORS ASSIST STUDENTS WITH SCHOLARSHIP APPLICATIONS, HELP DECIPHER COMPLEX FEDERAL AND STATE FINANCIAL AID FORMS, AND EXPLAIN FINANCIAL AID AWARD LETTERS AND LOAN PROGRAMS, ALL FREE OF CHARGE. OFFICE FINANCIAL AID WORKSHOPS AND PRESENTATIONS TAKE PLACE AT SCHOOLS THROUGHOUT SANTA BARBARA COUNTY. FINANCIAL AID ADVISING APPOINTMENTS ARE AVAILABLE FOR STUDENTS AND THEIR FAMILIES COUNTYWIDE. THE ORGANIZATION EMPLOYS FOUR FULL- TIME BILINGUAL PROGRAM ADVISORS. THANKS TO OUR PROGRAMS TEAM, SCHOLARSHIP FOUNDATION RECIPIENTS RECEIVE TENS OF MILLIONS OF DOLLARS IN ADDITIONAL FEDERAL, STATE, AND INSTITUTIONAL AID EACH YEAR.
    Expenses $650,524

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7087774
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1964
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$88,807,931
Income (IRS master file)
$104,652,704

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$31,875,035$10,320,320$88,807,931XML
990June 2024$9,786,365$9,300,394$75,961,748XML
990June 2023$10,459,065$9,149,947$68,972,600IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7087774).

Questions about SCHOLARSHIP FOUNDATION OF SANTA BARBARA

What is the EIN of SCHOLARSHIP FOUNDATION OF SANTA BARBARA?
The employer identification number (EIN) of SCHOLARSHIP FOUNDATION OF SANTA BARBARA is 23-7087774.
Is SCHOLARSHIP FOUNDATION OF SANTA BARBARA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to SCHOLARSHIP FOUNDATION OF SANTA BARBARA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOLARSHIP FOUNDATION OF SANTA BARBARA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SCHOLARSHIP FOUNDATION OF SANTA BARBARA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SCHOLARSHIP FOUNDATION OF SANTA BARBARA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SCHOLARSHIP FOUNDATION OF SANTA BARBARA?
The 990 for the year ended June 30, 2025 names MELINDA CABRERA.
Who are the officers and directors of SCHOLARSHIP FOUNDATION OF SANTA BARBARA?
The 990 for the year ended June 30, 2025 lists 33 people; 4 received compensation from the organization, the highest $242,727 (MELINDA CABRERA, CEO).
How much revenue does SCHOLARSHIP FOUNDATION OF SANTA BARBARA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $31,875,035, expenses of $10,320,320 and total assets of $88,807,931 at year end.

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