Overview
What is Highland Santa Barbara Foundation Inc?
Highland Santa Barbara Foundation Inc is a California-based nonprofit corporation that aims to support and benefit the Santa Barbara Foundation. The organization's mission is to make a positive impact on the community by collaborating with the Santa Barbara Foundation. No further details regarding their specific activities or programs were provided in the information.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 31%, Zero-Star out of Four Star Rating
Highland Santa Barbara Foundation Inc has received a low rating of 31% from Charity Navigator, which translates to a Zero-Star rating. This score is solely based on the Accountability and Finance beacon, highlighting significant issues in its financial transparency and governance structures. The organization has notably low scores for board independence and size, with only one independent board member out of a total of eight, which raises concerns about potential conflicts of interest.
The foundation does have some strengths, such as a fully functional Audit and Oversight Committee, and it has demonstrated no material diversion of assets. Additionally, it has a conflict of interest policy in place. However, deficiencies in other areas, including a lack of a whistleblower policy, missing information on its website, and failure to publish vital financial documents online detract from its overall accountability.
While there are some operational measures in place, the organization's inability to meet several key accountability criteria significantly limits its transparency. The program expense ratio is also notably low at 35.54%, suggesting that a substantial portion of funds may not be directed towards its intended mission, which is a concern for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Highland Santa Barbara Foundation Inc legitimate?
Highland Santa Barbara Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Santa Barbara Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Highland Santa Barbara Foundation Inc?
The Highland Santa Barbara Foundation Inc is dedicated to supporting and benefiting the Santa Barbara Foundation, a California nonprofit organization. The foundation's mission is geared towards advancing its objectives and promoting its welfare. The Highland Santa Barbara Foundation Inc plays a crucial role in furthering the Santa Barbara Foundation's cause, without revealing specific details about the nature of its activities or programs. The foundation's primary goal is to contribute to the betterment and success of the Santa Barbara Foundation. Through its efforts, the Highland Santa Barbara Foundation Inc aims to make a significant impact and bring about positive change. The foundation's commitment extends beyond financial support, as it also strives to create opportunities for collaboration, growth, and innovation within the organization it serves.
Who is the CEO of Highland Santa Barbara Foundation Inc?
James Dondero is the Director, President of Highland Santa Barbara Foundation Inc.
What is the revenue of Highland Santa Barbara Foundation Inc?
Highland Santa Barbara Foundation Inc's revenue in 2022 was $49,229,986.
Who are the executives of Highland Santa Barbara Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $372,313
- Other: $124,776
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $254,802
- Other: $41,562
Where can I find the form 990 for Highland Santa Barbara Foundation Inc?
Highland Santa Barbara Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highland Santa Barbara Foundation Inc
Highland Santa Barbara Foundation Inc is a California nonprofit corporation with a mission to support and benefit this esteemed organization. This foundation plays a pivotal role in furthering the Santa Barbara Foundation's causes and initiatives. The details of its mission, however, are not explicitly stated in the provided information. Instead, it is noted that the foundation exists to serve this specific purpose.
The Santa Barbara Foundation is a reputable organization, and Highland Santa Barbara Foundation Inc's commitment to supporting and benefiting it signifies a shared dedication to making a positive impact. The exact nature of the support and benefits provided by Highland Santa Barbara Foundation Inc is not disclosed, leaving the specifics of their involvement open to interpretation.
In summary, Highland Santa Barbara Foundation Inc is a crucial partner in the Santa Barbara Foundation's mission, providing essential support and benefits to ensure the continued success and growth of this California nonprofit organization. The exact details of its role and actions remain undisclosed, adding an element of intrigue to its involvement.
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Impact
October, 2024
Highland Santa Barbara Foundation Inc plays a crucial role in strengthening the Santa Barbara community through its philanthropic efforts. By supporting the Santa Barbara Foundation, it enhances various programs and initiatives that benefit residents, ranging from educational scholarships to community development projects. This organization fosters a culture of giving and collaboration, contributing to the overall betterment of the region. Its focus on philanthropy helps address local needs, driving positive change and enhancing the quality of life for individuals and families in Santa Barbara. Through its impactful work, Highland Santa Barbara Foundation Inc ensures that resources are allocated effectively to support vital community services and initiatives.
This information is meant to be a general summary of Highland Santa Barbara Foundation Inc. 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 2022.
- Investment Income: $49,229,986
- Gross Receipts: $49,229,986
Assets and Liabilities:
- Total Assets: $90,571,100
- Total Liabilities: $0
- Net Assets: $90,571,100
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Organization Details
Founding Year
2011
Phone
(214) 276-6300Principal Officer
James Dondero
Main Address
2101 CEDAR SPRINGS ROAD 1200, DALLAS, TX, 75201
NTEE Category
Code: T30 - Philanthropy
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