2025-11-10T15:46:57-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2024-01-01 951866094 SANTA BARBARA FOUNDATION SANT 8059631873 1111 CHAPALA ST STE 200 SANTA BARBARA CA 931013100 JACQUELINE CARRERA PRESIDENT & CEO 8059631873 2025-11-07 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2024 2025-03-06 01:10:19Z JACQUELINE CARRERA 1111 CHAPALA ST STE 200 SANTA BARBARA CA 931013100 275047472 0 X WWW.SBFOUNDATION.ORG X 1928 CA THE MISSION OF THE SANTA BARBARA FOUNDATION (SBF) IS TO MOBILIZE COLLECTIVE WISDOM AND PHILANTHROPIC CAPITAL TO BUILD EMPATHETIC, INCLUSIVE AND RESILIENT COMMUNITIES.SBF 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, SBF BUILDS AND FACILITATES PHILANTHROPY THROUGH DONOR PARTNERSHIPS; INVESTS IN NONPROFITS; AND IDENTIFIES AND STRATEGICALLY ADDRESSES IMPORTANT COMMUNITY NEEDS. 21 21 48 150 -435856 0 28455651 104034034 705378 741527 8873473 16931249 -224228 -130924 37810274 121575886 25917822 109030325 0 0 5102192 6004592 0 0 2341953 4756152 4987087 35776166 120022004 2034108 1553882 474773392 503570797 37619687 33244347 437153705 470326450 THE MISSION OF THE SANTA BARBARA FOUNDATION (SBF) IS TO MOBILIZE COLLECTIVE WISDOM AND PHILANTHROPIC CAPITAL TO BUILD EMPATHETIC, INCLUSIVE AND RESILIENT COMMUNITIES. 0 0 111407385 106516125 741527 SBF SERVES THE ENTIRE COUNTY OF SANTA BARBARA, FUNDING A WIDE RANGE OF INITIATIVES, PROJECTS AND ORGANIZATIONS. IN 2024, SBF AWARDED OVER 2,000 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. DISCRETIONARY GRANTS, TOTALING OVER $6 MILLION IN 2024, ARE SUPPORTED BY SBF'S UNRESTRICTED ENDOWMENT INCOME AND ARE AWARDED WITH THE APPROVAL OF THE BOARD OF TRUSTEES BASED ON RECOMMENDATIONS OF SBF STAFF FOLLOWING A RIGOROUS PROCESS OF RESEARCH, DUE DILIGENCE, PLANNING AND EVALUATION. 1369068 1242500 SBF PROVIDED FUNDING OF OVER $1 MILLION IN 2024 TO LOCAL NONPROFIT ORGANIZATIONS PROVIDING SERVICES IN THE AREAS OF BEHAVIORAL HEALTH, HEALTH CARE, FOOD, AND SHELTER & SAFETY THOROUGH ITS COMMUNITY GRANTS PROGRAMS. 1401242 1271700 SBF PROVIDED FUNDING OF OVER $1 MILLION IN 2024 TO THE SCHOLARSHIP FOUNDATION OF SANTA BARBARA FOR STUDENT AID. THROUGH THIS COLLABORATION OVER 150 STUDENTS OF SANTA BARBARA COUNTY RECEIVED SCHOLARSHIP AWARDS. 114177695 1 1 0 0 0 1 0 0 0 1 1 1 0 1 1 1 0 1 0 0 1 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 91 0 1 48 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X JANET MOCKER 8059631873 1111 CHAPALA ST STE 200 SANTA BARBARA CA 931013100 JACQUELINE CARRERA PRESIDENT & CEO 40.00 4.00 X 457442 0 83862 TODD YUBA VP, FINANCE & ADMINISTRATION 40.00 3.00 X 297791 0 56674 TAMMY SIMS JOHNSON VP, PHILANTHROPIC SERVICES 40.00 1.00 X 214255 0 59611 ELIZABETH THASIAH VP, PROGRAMS 40.00 0.00 X 224387 0 42236 JANET MOCKER SENIOR DIRECTOR OF FINANCE 40.00 0.00 X 187271 0 47424 JESSICA SANCHEZ SENIOR DIRECTOR OF DONOR RELATIONS 40.00 0.00 X 144202 0 39644 JENNY KEARNS SENIOR DIRECTOR OF GRANTMAKING 40.00 0.00 X 137695 0 28381 MATT ROWE CHAIR 4.00 0.00 X X 0 0 0 STEPHEN HICKS CHAIR EMERITUS 2.00 0.00 X X 0 0 0 ANGEL ISCOVICH VICE CHAIR 3.00 0.00 X X 0 0 0 DANNA MCGREW TREASURER 3.00 0.00 X X 0 0 0 MICHAEL PFAU SECRETARY 3.00 0.00 X X 0 0 0 GEORGE ADAM TRUSTEE 2.00 0.00 X 0 0 0 ALEXANDRA ALLEN TRUSTEE 2.00 0.00 X 0 0 0 PHIL ALVARADO TRUSTEE 2.00 0.00 X 0 0 0 RICHARD BESWICK TRUSTEE 2.00 0.00 X 0 0 0 PAMELA GANN TRUSTEE 2.00 0.00 X 0 0 0 RAFAEL GONZALEZ TRUSTEE 2.00 0.00 X 0 0 0 KIAH JORDAN TRUSTEE 2.00 0.00 X 0 0 0 PAMELA MACAL TRUSTEE 2.00 0.00 X 0 0 0 LOIS MITCHELL TRUSTEE 2.00 0.00 X 0 0 0 ROBERT NAKASONE TRUSTEE 2.00 0.00 X 0 0 0 ERNESTO PAREDES TRUSTEE 2.00 0.00 X 0 0 0 SUSAN RICHARDS TRUSTEE 2.00 0.00 X 0 0 0 LYNN SCARLETT TRUSTEE 2.00 0.00 X 0 0 0 ALEX SIMAS TRUSTEE 2.00 0.00 X 0 0 0 TRACY STOUFFER TRUSTEE 2.00 0.00 X 0 0 0 ZOHAR ZIV TRUSTEE 2.00 0.00 X 0 0 0 1663043 0 357832 17 0 1 0 MEKETA INVESTMENT GROUP INC 80 UNIVERSITY AVENUE WESTWOOD MA 02090 INVESTMENT MANAGEMENT 356238 PIP PRINTING 5735 HOLLISTER AVENUE UNIT A GOLETA CA 93117 PRINTING SERVICES 148313 MISSION MINDED INC 145 MAYWOOD WAY SAN RAFAEL CA 94901 CONSULTING 142652 FUSION LABS INC 400 N ERWAY STREET 131971 DALLAS TX 75313 HOSTED INFRASTRUCTURE 130000 MOSS ADAMS LLP 21700 OXNARD STREET SUITE 300 WOODLAND HILLS CA 91367 ACCOUNTING 125640 5 46874 1998378 1296844 100691938 10440345 104034034 FOUNDATION SUPPORT FEES 561000 741527 741527 741527 10071742 -476056 10547798 447144 603262 -156118 -156118 40200 -196318 159683099 152823592 6859507 6859507 6859507 11773 46874 44732 -32959 -32959 MISCELLANEOUS REVENUE 561000 58153 58153 58153 121575886 741527 -435856 17236181 108583237 108583237 184588 184588 262500 262500 895769 180114 481410 234245 3811502 1219681 1638946 952875 313077 100185 134623 78269 665860 213075 286320 166465 318384 101883 136905 79596 242044 194725 36251 11068 30791 30791 194766 194766 510848 510848 716300 716300 191310 115369 9467 66474 161295 85991 52232 23072 379247 125113 170217 83917 260661 67529 113812 79320 272691 156374 78124 38193 203135 64657 79526 58952 65956 45262 13594 7100 PROJECTS 1008590 1008590 COMMUNITY RELATIONS 649423 200824 5624 442975 DUES AND SUBSCRIPTIONS 100030 40850 39748 19432 120022004 114177695 3502356 2341953 301 300 80922806 82862961 13682814 2412538 283851 244277 1390156 2415355 154469 222803 18257483 6323498 12414779 11933985 163487079 162117698 121235093 158580982 81202044 82779898 474773392 503570797 611568 652416 68750 1100 2741925 2653072 34197444 29937759 37619687 33244347 X 289699948 315455443 147453757 154871007 437153705 470326450 474773392 503570797 X 1553882 29124911 2493952 X X 0 1 X 1 0 X 32306178 41277734 46233781 28455651 104034034 252307378 32306178 41277734 46233781 28455651 104034034 252307378 20388474 231918904 2809682 4436010 5098451 7633202 10994942 30972287 129010 129010 36271 31384 11183 54448 58153 191439 283600114 3216043 0.81780 0.77090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249 226 93630534 10403500 98096229 10758608 142955176 327371274 1 1 65162394 2896292 6474970 2910935 671888 70950833 59847087 1282500 7589590 2853154 703629 65162394 70559968 51530 -7247811 2926220 590380 59847087 65030195 1200 8642504 2378331 735600 70559968 54112048 7082517 6633210 2206827 590753 65030195 0.00000 0.99000 0.01000 0 0 3265379 3265379 2000235 10471266 4978924 7492577 1770046 722153 1047893 750557 622421 128136 11933985 PRIVATE EQUITY 30508614 F GLOBAL EQUITIES 36289889 F LIMITED PARTNERSHIPS 26539620 F GLOBAL FIXED INCOME 24775901 F REAL ASSETS 17724985 F HEDGE FUNDS 11577576 F INFRASTRUCTURE 9208397 F CLOSELY HELD STOCK 1956000 F 158580982 FAIR MARKET VALUE OF ASSETS UNDER CHARITABLE TRUST AGREEMENTS 61440210 VALUE OF INCOME INTEREST IN TRUSTS 21168098 OTHER ASSETS 154226 DEPOSITS 17364 82779898 OBLIGATIONS TO DONOR DESIGNATED FUNDS 28937990 FUTURE LIABILITIES PAYABLE UNDER CHARITABLE TRUST AGREEMENTS 999769 29937759 X PART X, LINE 2: SBF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES EVALUATE UNCERTAIN TAX POSITIONS, WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WERE CONSIDERED PROBABLE AND REASONABLY ESTIMABLE. AS OF DECEMBER 31, 2024, SBF AND ITS SUPPORTING ORGANIZATIONS AND AFFILIATES HAVE NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR GRANTMAKING, STUDENT AID AND ADMINISTRATIVE EXPENSES. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 24572448 NORTH AMERICA 0 0 INVESTMENTS 2180831 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTMAKING 262500 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 INVESTMENTS 4805058 0 0 0 0 0 0 31820837 0 31820837 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM EDUCATION AND YOUTH DEVELOPMENT 187500 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM FOOD SYSTEMS 75000 WIRE 0 2 0 1 1 1 1 1 0 PART I, LINE 2: INTERNATIONAL ORGANIZATIONS MUST BE PREDETERMINED TO BE EQUIVALENT TO DOMESTIC 501(C)(3) ORGANIZATIONS OR FOLLOW THE EXPENDITURE RESPONSIBILITY PROCESS FOR THE COMMUNITY FOUNDATION TO CONSIDER THEM ELIGIBLE TO RECEIVE GRANTS. GRANTEES OF ADVISED GRANTS HAVE TO AGREE NOT TO PAY ANY PORTION OF GOODS OR SERVICES FOR THE BENEFIT OF THE DONOR OR RELATED PARTIES. FESTIVAL 33736 31558 2178 1718 3773 2867 500 8809 DINNER 17141 14156 2985 1981 1065 13404 8852 1 7770 1160 6610 940 748 75 58647 46874 11773 4639 5586 16271 500 17736 44732 -32959 1 WYATT FAMILY FOUNDATION 1111 CHAPALA STREET SUITE 200 SANTA BARBARA CA 93101 931503406 501(C)(3) 272870 67476280 FMV PUBLICLY TRADED SECURITIES, LP INTERESTS TO FUND SUPPORTING ORGANIZATION DECHOMAI ASSET TRUST 3713 PINE ST JACKSONVILLE FL 32205 260724604 501(C)(3) 7000000 0 PUBLIC AND SOCIETAL BENEFIT FIDELITY INVESTMENTS CHARITABLE GIFT FUND 100 CROSBY PARKWAY KC1D-FOS COVINGTON KY 410154325 110303001 501(C)(3) 6299195 0 PUBLIC AND SOCIETAL BENEFIT SCHOLARSHIP FOUNDATION OF SANTA BARBARA PO BOX 3620 SANTA BARBARA CA 93130 237087774 501(C)(3) 1271700 0 EDUCATION AND YOUTH DEVELOPMENT FOOTHILLS FOREVER INCORPORATED PO BOX 92233 SANTA BARBARA CA 93190 992800259 501(C)(3) 1159104 0 ENVIRONMENT AND ANIMALS SANTA BARBARA CENTER FOR THE PERFORMING ARTS INC 1214 STATE STREET 6TH FLOOR SANTA BARBARA CA 931012608 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SW GEMINI DRIVE 59115 BEAVERTON OR 970087105 820564961 501(C)(3) 250000 0 PUBLIC AND SOCIETAL BENEFIT LAGUNA BLANCA SCHOOL 4125 PALOMA DR SANTA BARBARA CA 931102146 951641448 501(C)(3) 220750 0 EDUCATION AND YOUTH DEVELOPMENT SANTA BARBARA ZOOLOGICAL FOUNDATION 500 NINOS DR SANTA BARBARA ZOO SANTA BARBARA CA 931033759 952268554 501(C)(3) 212396 0 ENVIRONMENT AND ANIMALS PLANNED PARENTHOOD CALIFORNIA CENTRAL COAST 518 GARDEN STREET SANTA BARBARA CA 931011606 952319356 501(C)(3) 210784 0 HUMAN SERVICES COMPASSION IN WORLD FARMING 211 E 43RD ST 7TH FLOOR NEW YORK NY 10017 461822635 501(C)(3) 200000 0 ENVIRONMENT AND ANIMALS RURAL EMPOWERMENT ASSOCIATION FOR COMMUNITY HELP 2389 W WARD BRIDGE RD WARSAW NC 28398 061649804 501(C)(3) 200000 0 PUBLIC AND SOCIETAL BENEFIT THACHER SCHOOL INC 5025 THACHER RD OJAI CA 930239001 951642398 501(C)(3) 186500 0 EDUCATION AND YOUTH DEVELOPMENT AMERICAN CHEMICAL SOCIETY 1155 SIXTEENTH ST NW WASHINGTON DC 20036 530196572 501(C)(3) 180000 0 PUBLIC AND 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501(C)(3) 160708 0 HUMAN SERVICES SANSUM DIABETES RESEARCH INSTITUTE 2219 BATH STREET SANTA BARBARA CA 93105 951684086 501(C)(3) 152231 0 HEALTH CARE FUND FOR SANTA BARBARA INC PO BOX 90710 SANTA BARBARA CA 93190 770070742 501(C)(3) 151675 0 PUBLIC AND SOCIETAL BENEFIT MISSOURI RURAL CRISIS CENTER 1906 MONROE ST COLUMBIA MO 65201 431432033 501(C)(3) 150000 0 BEHAVIORAL HEALTH & HEALTH CARE UC SANTA BARBARA FOUNDATION 4219 CHEADLE HALL 4TH FLOOR SANTA BARBARA CA 93106 237314834 501(C)(3) 141405 0 EDUCATION AND YOUTH DEVELOPMENT CAMERATA PACIFICA 333 S SALINAS ST SANTA BARBARA CA 931032962 330104649 501(C)(3) 140000 0 ARTS, CULTURE, AND HUMANITIES ALL SAINTS BY THE SEA EPISCOPAL CHURCH 83 EUCALYPTUS LN SANTA BARBARA CA 93108 135562208 501(C)(3) 140000 0 RELIGION, SPIRITUAL DEVELOPMENT TRANSITION HOUSE 425 E COTA ST SANTA BARBARA CA 931011662 770099755 501(C)(3) 138280 0 CHILD CARE HEALING JUSTICE SANTA BARBARA 400 STORKE RD PO BOX 8628 GOLETA CA 93118 881792712 501(C)(3) 136851 0 ARTS, 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COMPANY PO BOX 2307 SANTA BARBARA CA 93120 953408200 501(C)(3) 114150 0 ARTS, CULTURE, AND HUMANITIES LOBERO THEATRE FOUNDATION 33 E CANON PERDIDO ST SANTA BARBARA CA 931012213 951831068 501(C)(3) 113899 0 ARTS, CULTURE, AND HUMANITIES STATE STREET BALLET 2285 LAS POSITAS ROAD SANTA BARBARA CA 931054116 860717486 501(C)(3) 112300 0 ARTS, CULTURE, AND HUMANITIES ANTI-DEFAMATION LEAGUE 1528 CHAPALA STREET SUITE 301 SANTA BARBARA CA 93101 131818723 501(C)(3) 110200 0 PUBLIC AND SOCIETAL BENEFIT CALM INC 1236 CHAPALA STREET SANTA BARBARA CA 93101 237097910 501(C)(3) 107725 0 BEHAVIORAL HEALTH & HEALTH CARE IMPACTASSETS 4340 EAST WEST HIGHWAY SUITE 210 BETHESDA MD 20814 262048480 501(C)(3) 105000 0 PUBLIC AND SOCIETAL BENEFIT COMMUNITY ENVIRONMENTAL COUNCIL PO BOX 90660 SUITE A SANTA BARBARA CA 93190 941728064 501(C)(3) 104468 0 ENVIRONMENT AND ANIMALS LEAP LEARN ENGAGE ADVOCATE PARTNER PO BOX 1332 GOLETA CA 931161332 953007419 501(C)(3) 103581 0 CHILD CARE INDIANA UNIVERSITY FOUNDATION 150 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AND YOUTH DEVELOPMENT SANTA BARBARA ALTERNATIVES TO VIOLENCE PROJECT 725A MAS AMIGOS SANTA BARBARA CA 93105 815079846 501(C)(3) 5200 0 EDUCATION AND YOUTH DEVELOPMENT 446 1 BREITLING AWARD RECIPIENTS 6 12300 INDIVIDUAL HARDSHIP RELIEF 22 172288 PART I, LINE 2: SBF PROVIDES COMPETITIVE GRANTS TO 501(C)(3) ORGANIZATIONS SERVING THE PEOPLE OF SANTA BARBARA COUNTY. GRANTEES MUST PROVIDE ANNUAL FOLLOW-UP REPORTS INDICATING HOW THE FUNDS WERE UTILIZED. IN ADDITION, SBF DOES SITE VISITS AND INTERVIEWS WITH GRANTEES THROUGHOUT THE YEAR. SBF PROVIDES ADVISED GRANTS TO VARIOUS 501(C)(3) ORGANIZATIONS. GRANTEES MUST AGREE NOT TO PAY ANY PORTION OF GOODS OR SERVICES FOR THE BENEFIT OF THE DONOR OR RELATED PARTIES. SBF MAY ALSO PROVIDE GRANTS TO SMALL BUSINESSES AND INDIVIDUALS IN SANTA BARBARA COUNTY. GRANTEES MUST CERTIFY THAT ALL FUNDS WERE AWARDED IN ACCORDANCE TO GRANT PROGRAM ELIGIBILITY CRITERIA AND THAT GRANTEE EXPENDITURES ARE ELIGIBLE COSTS AS DESCRIBED IN THE ELIGIBILITY CRITERIA. THEY MUST ALSO PROVIDE A REPORT OF EXPENDITURES ALONG WITH SUPPORTING DOCUMENTATION, SUCH AS INVOICES, RECEIPTS OR PAYROLL REPORTS. X 1 1 X X X 0 0 0 0 0 0 0 1 0 JACQUELINE CARRERA PRESIDENT & CEO 413586 0 43856 0 0 0 57500 0 26362 0 541304 0 0 0 TODD YUBA VP, FINANCE & ADMINISTRATION 286791 0 11000 0 0 0 29919 0 26755 0 354465 0 0 0 TAMMY SIMS JOHNSON VP, PHILANTHROPIC SERVICES 206255 0 8000 0 0 0 21809 0 37802 0 273866 0 0 0 ELIZABETH THASIAH VP, PROGRAMS 224387 0 0 0 0 0 11498 0 30738 0 266623 0 0 0 JANET MOCKER SENIOR DIRECTOR OF FINANCE 187271 0 0 0 0 0 18658 0 28766 0 234695 0 0 0 JESSICA SANCHEZ SENIOR DIRECTOR OF DONOR RELATIONS 144202 0 0 0 0 0 14803 0 24841 0 183846 0 0 0 JENNY KEARNS SENIOR DIRECTOR OF GRANTMAKING 137695 0 0 0 0 0 14196 0 14185 0 166076 0 0 0 PART I, LINE 1A SBF REQUIRES THE PRESIDENT & CEO TO RESIDE IN A RESIDENCE OWNED BY SBF AS A CONDITION OF CONTINUED EMPLOYMENT. PART I, LINE 7 DISCRETIONARY BONUSES WERE AWARDED. X 112 10430549 MARKET VALUE X EVENT DONATIONS 14 4639 COST/SELLING PRICE X SUBSCRIPTIONS 5 1807 COST/SELLING PRICE X MEALS 7 1690 COST/SELLING PRICE X EVENT SUPPLIES 4 1660 COST/SELLING PRICE 1 0 1 0 PART I, COLUMN (B): THE TOTALS REPORTED IN COLUMN (B) REPRESENT THE TOTAL NUMBER OF CONTRIBUTIONS RECEIVED FOR EACH CATEGORY DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2024. FORM 990, PART VI, SECTION B, LINE 11B THE SBF AUDIT COMMITTEE REVIEWED THE 990 PRIOR TO FILING. IN ADDITION, A PUBLIC DISCLOSURE COPY OF THE FORM 990 WAS DISTRIBUTED TO EACH VOTING MEMBER OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES, COMMITTEE MEMBERS AND STAFF COMPLETE A CONFLICT OF INTEREST POLICY ANNUALLY. COMMITTEE AND BOARD MEMBERS RECUSE THEMSELVES BEFORE ACTIONS ARE TAKEN DURING MEETINGS IF THEY HAVE A CONFLICT OF INTEREST. THEY WILL ALSO COMPLETE A CONFLICT OF INTEREST FORM (TO ABSTAIN FROM VOTING) TO VALIDATE THEIR CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE 2024 CEO COMPENSATION WAS SET BY THE BOARD DURING AN EXECUTIVE SESSION ON MARCH 7, 2024 BASED ON COMPARABLE DATA FROM VARIOUS SOURCES SUCH AS THE COUNCIL ON FOUNDATION SALARY SURVEY, THE GUIDESTAR COMPENSATION REPORT, AND/OR OTHER APPLICABLE SURVEYS AND INFORMATION, INCLUDING INFORMATION OBTAINED FROM PROFESSIONAL COMPENSATION CONSULTANTS. THE COMPENSATION COMMITTEE PERFORMS THE FOLLOWING ACTIVITIES: (A) CONDUCTS AN ANNUAL REVIEW OF THE CEO'S PERFORMANCE AND ASSESSES THE REASONABLENESS OF THE CEO'S TOTAL COMPENSATION IN RELATION TO THE MARKETPLACE, INCLUDING USING COMPARABILITY DATA; (B) SOLICITS BOARD INPUT REGARDING THE CEO'S PERFORMANCE; (C) DEVELOPS AND RECOMMENDS FOR BOARD APPROVAL ANY CHANGES IN THE CEO'S TOTAL COMPENSATION; (D) DEVELOPS AND RECOMMENDS FOR BOARD APPROVAL ANY CHANGES IN THE CEO'S EMPLOYMENT AGREEMENT, SEVERANCE AND/OR RETENTION AGREEMENT, IF ANY ARE IN EFFECT; (E) WORKS COLLABORATIVELY WITH THE CEO TO RECOMMEND FOR EXECUTIVE COMMITTEE REVIEW AND BOARD APPROVAL THE CEO'S ANNUAL PERFORMANCE GOALS; AND (F) DOCUMENTS THE FOREGOING. ADDITIONALLY, STARTING WITH THE RECOMMENDATIONS OF THE CEO, THE COMPENSATION COMMITTEE ASSESSES, DETERMINES AND DOCUMENTS THE REASONABLENESS OF THE TOTAL COMPENSATION RANGES, AND THE TERMS OF ANY EMPLOYMENT AGREEMENTS, SEVERANCE AND/OR RETENTION AGREEMENTS, OF THE V.P., FINANCE & ADMINISTRATION AND ALL EMPLOYEES WITH REPORTABLE COMPENSATION (W-2) RANGES AT OR OVER $150,000. WHEN APPROPRIATE, THE COMMITTEE SELECTS AND ENGAGES PROFESSIONALS TO GATHER AND REVIEW IN ADVANCE, APPROPRIATE MARKET COMPARABILITY DATA ON THE AMOUNT AND FORM OF COMPENSATION PAID FOR COMPARABLE POSITIONS BY OTHER COMPARABLE EMPLOYERS. THE REASONABLENESS OF THE 2024 COMPENSATION FOR THE V.P., FINANCE & ADMINISTRATION, V.P., PHILANTHROPIC SERVICES, V.P., PROGRAMS, AND SR. DIRECTOR OF FINANCE WAS REVIEWED BY THE COMPENSATION COMMITTEE AT ITS MEETING ON FEBRUARY 7, 2024. FORM 990, PART VI, SECTION C, LINE 19 ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON SBF'S WEBSITE. ARTICLES OF INCORPORATION, BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CRT AND TRUST 2,024,480. PASSTHROUGH INCOME FROM UBI 476,056. RETURNED GRANTS -6,584. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE CURRENT TAX YEAR TO THE OVERSIGHT OR SELECTION PROCESS OF THE AUDIT AND INDEPENDENT ACCOUNTANT. 1111 CHAPALA STREET LLC 1111 CHAPALA STREET SUITE 200 SANTA BARBARA CA 93101 270393865 RENTAL - OFFICE SPACE CA 983090 8155733 SANTA BARBARA FOUNDATION 300 EAST ISLAY STREET LLC 1111 CHAPALA STREET SUITE 200 SANTA BARBARA CA 93101 CHARITABLE ACTIVITIES CA 0 2854066 SANTA BARBARA FOUNDATION SBF PROPERTIES LLC 1111 CHAPALA STREET SUITE 200 SANTA BARBARA CA 93101 CHARITABLE ACTIVITIES CA 98331 2016861 SANTA BARBARA FOUNDATION HIGHLAND SANTA BARBARA FOUNDATION INC 2101 CEDAR SPRINGS ROAD 1200 DALLAS TX 75201 453962008 TO SUPPORT THE CHARITABLE ACTIVITIES OF THE SANTA BARBARA FOUNDATION TX 501(C)(3) LINE 12A, I SANTA BARBARA FOUNDATION 1 ERIC AND KELLY SCHWARTZ CHARITABLE TRUST 1776 PLEASANT PLAIN ROAD FAIRFIELD IA 52556 474959497 TO SUPPORT THE CHARITABLE ACTIVITIES OF THE SANTA BARBARA FOUNDATION IA 501(C)(3) LINE 12A, I SANTA BARBARA FOUNDATION 1 WYATT FAMILY FOUNDATION 1111 CHAPALA STREET SUITE 200 SANTA BARBARA CA 93101 931503406 TO SUPPORT THE CHARITABLE ACTIVITIES OF THE SANTA BARBARA FOUNDATION CA 501(C)(3) LINE 12A, I SANTA BARBARA FOUNDATION 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HIGHLAND SANTA BARBARA FOUNDATION INC C 250000 CASH PAID HIGHLAND SANTA BARBARA FOUNDATION INC L 233425 CASH PAID ERIC AND KELLY SCHWARTZ CHARITABLE TRUST C 838000 CASH PAID ERIC AND KELLY SCHWARTZ CHARITABLE TRUST L 189015 CASH PAID WYATT FAMILY FOUNDATION B 67749150 FAIR MARKET VALUE WYATT FAMILY FOUNDATION C 910378 CASH PAID WYATT FAMILY FOUNDATION L 31027 CASH PAID