Santa Ynez Valley Foundation
- Assets
- $4.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 1
- Location
- Solvang, CA
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 33-0450151
Organization Overview
Santa Ynez Valley Foundation is located in Solvang, CA. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Ynez Valley 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 Ynez Valley Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $498.2k during the year ending 06/2022. While expenses have increased by 0.7% 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.
Since 2016, Santa Ynez Valley Foundation has awarded 57 individual grants totaling $794,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRANT MAKING TO NONPROFIT ORGANIZATIONS IN THE SANTA YNEZ VALLEY AND LOS ALAMOS. PROVIDE SCHOLARSHIPS TO STUDENTS FROM THE SANTA YNEZ VALLEY AND LOS ALAMOS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDING JUNE 30, 2022 GRANTS WERE MADE TO VARIOUS NONPROFIT ORGANIZATIONS TO BE USED IN THE SANTA YNEZ VALLEY AND LOS ALAMOS VALLEY OF SANTA BARBARA COUNTY, CALIFORNIA. IN ADDITION 37 STUDENTS OF THE SAME COMMUNITIES WERE AWARDED SCHOLARSHIPS.EACH YEAR THE FOUNDATION BOARD OF DIRECTORS APPROVES A BUDGET BASED ON 5% OF THE NET ASSET BALANCE AT THE END OF THE PREVIOUS YEAR.THE FOUNDATION SEEKS ADDITIONAL ENDOWMENT FUNDS FROM THE LOCAL PUBLIC AS THE COMMUNITY NEED GROWS SO THAT IT CAN FULFILL THE MISSION. THE MISSION OF THE SANTA YNEZ VALLEY FOUNDATION IS:THE VALLEY FOUNDATION WORKS TO IMPROVE THE LIVES OF PEOPLE IN THE SANTA YNEZ VALLEY AND LOS ALAMOS BY INVESTING IN PROGRAMS THAT FEED THE POOR, PROMOTE HEALTH, NURTURE SENIORS, CHALLENGE OUR YOUTH AND INSPIRE THE COMMUNITY TO MAKE A DIFFERENCE. WITH THE HELP OF CARING SUPPORTERS THE FOUNDATION ALSO BUILDS PERMANENT FUNDS TO ENHANCE THE QUALITY OF LIFE NOW AND IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Christensen Secretary | OfficerTrustee | 20 | $48,713 |
Verva Enoch Treasurer | OfficerTrustee | 0 | $0 |
Debbie Jones President | OfficerTrustee | 0 | $0 |
Morgan Halme Director | Trustee | 0 | $0 |
Alfonso Gonzalez Director | Trustee | 0 | $0 |
Tresha Sell Director | Trustee | 0 | $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 | $1,115,187 |
| Noncash contributions included in lines 1a–1f | $891,523 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,115,187 |
| Total Program Service Revenue | $0 |
| Investment income | $95,425 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $190,483 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,401,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $309,501 |
| Grants and other assistance to domestic individuals. | $46,730 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,713 |
| Compensation of current officers, directors, key employees. | $48,713 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,392 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,324 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,013 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,863 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,524 |
| Insurance | $2,495 |
| All other expenses | $1,843 |
| Total functional expenses | $498,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $454,743 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,815 |
| Net Land, buildings, and equipment | $15,886 |
| Investments—publicly traded securities | $4,440,003 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,300 |
| Total assets | $4,914,747 |
| Accounts payable and accrued expenses | $1,874 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,874 |
| Net assets without donor restrictions | $3,072,569 |
| Net assets with donor restrictions | $1,840,304 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,914,747 |
Grants Awarded
Over the last fiscal year, Santa Ynez Valley Foundation has awarded $137,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Buellton, CA PURPOSE: MEALS ON WHEELS AND LUNCH PROGRAM | $27,000 |
Solvang, CA PURPOSE: CAPITAL CAMPAIGN AND DONOR DESIG. | $26,000 |
Solvang, CA PURPOSE: DIRECT SERVICES, DENTAL, READING | $26,000 |
Solvang, CA PURPOSE: CAPITAL CAMPAIGN | $20,000 |
Solvang, CA PURPOSE: LIFE ENRICHMENT DAY PROGRAM | $10,000 |
Santa Ynez, CA PURPOSE: FOOD PROGRAM SUPPORT | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Santa Ynez Valley Foundation has recieved totaling $82,250.
| Awarding Organization | Amount |
|---|---|
Foley Family Charitable Foundation Whitefish, MT PURPOSE: STUDENT SCHOLARSHIPS | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: NEW | $6,250 |
Higgins-Trapnell Family Foundation Santa Ynez, CA PURPOSE: ASSISTANCE FOR DISADVANTAGED IN THE COMMUNITY | $1,000 |
Endowment Analysis
| Beg. Balance | $3,831,440 |
| Earnings | -$275,989 |
| Admin Expense | $115,309 |
| Net Contributions | $170,946 |
| Grants | $204,604 |
| Ending Balance | $3,406,484 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terros Inc Phoenix, AZ | $47,004,822 | $84,266,385 |
Community Research Foundation Inc San Diego, CA | $20,745,009 | $77,081,989 |
Independent Order Of Odd Fellows San Jose, CA | $263,514,735 | $67,258,563 |
Gallo Employee Benefit Trust Modesto, CA | $5,341,212 | $62,468,490 |
Arizona Behavioral Health Corporation Phoenix, AZ | $19,459,678 | $40,892,493 |
Turning Point Usa Inc Phoenix, AZ | $7,306,560 | $39,843,289 |
Central City Community Health Center Monterey Park, CA | $37,966,009 | $52,273,838 |
Koret Foundation San Francisco, CA | $515,520,670 | $39,088,314 |
South Coast Childrens Society Inc Mission Viejo, CA | $13,233,032 | $36,840,141 |
Partnerships To Uplift Communities Valley Burbank, CA | $45,863,273 | $39,395,312 |
Lake County Tribal Health Consortium Inc Lakeport, CA | $69,377,072 | $39,633,665 |
Child And Family Service Ewa Beach, HI | $20,885,160 | $29,767,300 |