Santa Barbara Education Foundation

Organization Overview

Santa Barbara Education Foundation is located in Santa Barbara, CA. The organization was established in 1986. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Santa Barbara Education Foundation employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Barbara Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Santa Barbara Education Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. While expenses have increased by 6.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE COMMUNITY INVESTMENT IN PUBLIC EDUCATION TO ENSURE EQUITY AND ACCESS TO AN INNOVATIVE, WORLD-CLASS EDUCATION THAT INSPIRES CONFIDENCE, COMPETENCE, AND CREATIVITY IN EVERY STUDENT IN THE SANTA BARBARA UNIFIED SCHOOL DISTRICT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SANTA BARBARA EDUCATION FOUNDATION SERVES AS AN ADVOCATE AND RAISES FUNDS TO SUPPORT SANTA BARBARA UNIFIED SCHOOL DISTRICT'S 22 SCHOOLS, TO ENSURE A WELL ROUNDED EDUCATION (INCLUDING ARTS AND MUSIC) FOR ALL 16,000 STUDENTS. THE FOUNDATION ALSO SUPPORTS EARLY CHILDHOOD EDUCATION, PARENT EDUCATION, VIOLENCE PREVENTION, MENTORING AND TUTORING, AND THE SUMMER LEARNING "GET AHEAD PROGRAM" FOR MIDDLE SCHOOL STUDENTS. THE FOUNDATION HAS PROVIDED THE CAMPAIGN LEADERSHIP FOR SEVERAL BALLOT INITIATIVES THAT HAVE BROUGHT 18 MILLION FOR CLASSROOM ENRICHMENT AND 110 MILLION FOR INFRASTRUCTURE IMPROVEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Mat Gradias
President
$0
John Ogilvie
Vice Preside
$0
Elke Kane
Secretary
$0
Diana Ciontea
Treasurer
$0
Terri Allison
Immediate Pa
$0
Iris Castaneda
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,446,073
Noncash contributions included in lines 1a–1f $119,940
Total Revenue from Contributions, Gifts, Grants & Similar$2,446,073
Total Program Service Revenue$169,785
Investment income $62,548
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$41,412
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,636,994

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