Overview
What is Santa Ynez Valley Foundation?
The Santa Ynez Valley Foundation, situated in Solvang, California, is a nonprofit organization committed to enhancing the quality of life in the Santa Ynez Valley and Los Alamos areas of Santa Barbara County. Their primary activities involve grant-making to various nonprofit organizations and providing scholarships to local students. The foundation's purpose is to support initiatives that cater to the needs of the community, such as feeding the less fortunate, promoting health, nurturing the elderly, challenging youth, and inspiring community engagement. To achieve this, the foundation annually allocates funds based on 5% of its net asset balance from the previous year. As the community's needs evolve, the Santa Ynez Valley Foundation seeks additional endowment funds to expand its reach and fulfill its mission effectively.
Official website here: www.syvalleyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
The Santa Ynez Valley Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement with an overall score of 73%. The foundation demonstrates strong governance practices with a fully independent board and has effectively avoided any material diversion of assets. Furthermore, their program expense ratio is commendably high at 73.45%, suggesting that a significant portion of their funding is directed towards their programs.
Despite these strengths, the organization has notable gaps in its accountability practices. Specifically, they lack a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. These missing elements contribute to the foundation's overall rating and highlight areas that need attention for improved governance.
While the foundation has several commendable practices, addressing the identified shortcomings could enhance its organizational effectiveness and trustworthiness. Improving these policies would not only align with best practices but could also positively impact future evaluations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Santa Ynez Valley Foundation?
While the Santa Ynez Valley Foundation currently does not have a rating, there are positive sentiments expressed in the available reviews. One reviewer specifically highlights a fond recollection, suggesting that the foundation holds nostalgic significance for individuals involved in its beginnings.
Overall, the comments indicate a sense of personal connection and appreciation for those affiliated with the foundation, particularly mentioning key figures like Kate Firestone. This implies that the organization is well-regarded among its supporters, showcasing a strong community sentiment.
In summary, the sentiment surrounding the Santa Ynez Valley Foundation is favorable, with supporters reminiscing about meaningful experiences and connections associated with its work.
This AI summary has been generated from reviews found on Facebook.
Is Santa Ynez Valley Foundation legitimate?
Santa Ynez Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Ynez Valley Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $50,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.syvalleyfoundation.org
What is the mission statement of Santa Ynez Valley Foundation?
The Santa Ynez Valley Foundation, through its grant-making activities, seeks to enhance the quality of life for individuals in various communities. The foundation primarily focuses on providing financial support to non-profit organizations and offers scholarships to students. Its mission is to improve living conditions by investing in programs that address hunger, promote health, support seniors, engage youth, and inspire community involvement. The foundation relies on the support of its benefactors to establish endowment funds, ensuring its capacity to meet the growing needs of the community. The Santa Ynez Valley Foundation aims to make a lasting impact on the lives of its beneficiaries, both present and future.
Official website here: www.syvalleyfoundation.org
Who is the CEO of Santa Ynez Valley Foundation?
Debbie Jones is the President of Santa Ynez Valley Foundation.
Official website here: www.syvalleyfoundation.org
What is the revenue of Santa Ynez Valley Foundation?
Santa Ynez Valley Foundation's revenue in 2023 was $771,088.
Official website here: www.syvalleyfoundation.org
Who are the executives of Santa Ynez Valley Foundation and what are their salaries?
The average compensation at Santa Ynez Valley Foundation during 2023 was $50,310. There is 1 employee and 12 volunteers at Santa Ynez Valley Foundation.
Here are 10 key members and their salaries:
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Official website here: www.syvalleyfoundation.org
Where can I find the form 990 for Santa Ynez Valley Foundation?
Santa Ynez Valley Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.syvalleyfoundation.org
Learn more at the official website: www.syvalleyfoundation.org
Mission Statement of Santa Ynez Valley Foundation
The Santa Ynez Valley Foundation is committed to enhancing the lives of individuals in its community by investing in various programs. This nonprofit organization focuses on supporting nonprofit organizations within the Santa Ynez Valley and Los Alamos. In addition to its grant-making activities, the foundation also provides scholarships to students from these communities.
The mission of the Santa Ynez Valley Foundation is to make a positive impact on the lives of its community members. It achieves this goal by funding programs that address essential needs, such as feeding the hungry, promoting health, and nurturing seniors. The organization also encourages youth development and community engagement, inspiring individuals to contribute to their community's betterment.
To fulfill its mission, the Santa Ynez Valley Foundation relies on the support of its board of directors, who approve an annual budget based on a percentage of the net asset balance from the previous year. The foundation also seeks additional endowment funds to meet the growing needs of its community. By investing in these programs, the Santa Ynez Valley Foundation works tirelessly to improve the quality of life for its community members, both now and in the future.
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Impact
October, 2024
The Santa Ynez Valley Foundation significantly enhances the quality of life for residents of the Santa Ynez Valley and Los Alamos. Through targeted grant-making, it supports a range of local organizations that address vital community needs, focusing on feeding the poor, promoting health, nurturing seniors, and empowering youth. In the year ending June 30, 2022, the Foundation distributed grants to various organizations, directly impacting the well-being of the community.
Additionally, the Foundation's scholarship program assisted 37 students from these communities, fostering educational opportunities and supporting their future endeavors. By allocating funds based on a percentage of its net asset balance and actively seeking public contributions to expand its endowment, the Foundation ensures its continued ability to make meaningful investments in local programs. Its mission inspires community engagement and reflects a commitment to improving lives, demonstrating a profound and lasting impact on the region's social fabric.
This information is meant to be a general summary of Santa Ynez Valley Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $90,313
- Gross Receipts: $1,590,105
Assets and Liabilities:
- Total Assets: $5,271,554
- Total Liabilities: $615
- Net Assets: $5,270,939
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Organization Details
Founding Year
1991
Phone
(805) 688-2991Principal Officer
Debbie Jones
Main Address
485 ALISAL ROAD 272, SOLVANG, CA, 93463
Website
www.syvalleyfoundation.orgNTEE Category
Code: Z99Z - Unknown
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