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California · Nonprofit

Santa Barbara Cottage Hospital Foundation

Santa Barbara Cottage Hospital Foundation (California) receives grants from 98 organizations whose IRS filings report $21,870,053 to it, the largest being INDIAN PAINTBRUSH FOUNDATION ($10,000,000). 67 of them have funded it in more than one year.

Revenue FY2024
$33M
Funders on record
98
Grants received
$22M
Net assets
$291M
67/98 repeat funderspeak grant-dependency 27%
01What it does

What Santa Barbara Cottage Hospital Foundation does

Mission

It is the mission of Santa Barbara Cottage Hospital Foundation to solicit, receive, invest, maintain and distribute funds for the support of charitable, scientific, and educational activities of Santa Barbara Cottage Hospital.

As stated on its FY2024 Form 990.

Program

  1. Santa Barbara Cottage Hospital Foundation is a nonprofit public benefit corporation created to support santa barbara cottage hospital (hospital) by soliciting, receiving and maintaining gifts of money and property and to distribute money and property for charitable, scientific and education activities for the hospital. The foundation provided support for operations of santa barbara cottage hospital. The foundation also supports medical education in the community by providing grants to santa barbara city college's nursing program and by providing scholarships to individuals pursuing a nursing degree. The foundation also provided support to the workforce of cottage health through its mortgage assistance program. This program provides a low-interest loan to employees who are purchasing a home in the santa barbara area. Employees are eligible to receive up to $250,000 or 15% of the purchase price towards a new home.

    $11,766,570 spentof which $11,763,971 as grants$260,947 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $11,766,570.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($34M) Expenses 100 ($75M) Net assets 100 ($200M)2018 Revenue 56 ($19M) Expenses 60 ($45M) Net assets 83 ($166M)2019 Revenue 74 ($25M) Expenses 11 ($8.1M) Net assets 97 ($193M)2020 Revenue 44 ($15M) Expenses 13 ($9.8M) Net assets 116 ($232M)2021 Revenue 76 ($26M) Expenses 34 ($26M) Net assets 119 ($238M)2022 Revenue 134 ($45M) Expenses 24 ($18M) Net assets 118 ($235M)2023 Revenue 205 ($69M) Expenses 22 ($16M) Net assets 134 ($269M)2024 Revenue 98 ($33M) Expenses 23 ($17M) Net assets 146 ($291M)
'17'18'19'20'21'22'23'24
Revenue (98)Expenses (23)Net assets (146)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $268M to $169M (−37%).

$268M
$169M
$196M
$236M
$242M
$240M
$274M
$295M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

73% of Santa Barbara Cottage Hospital Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

−$42M
’17
−$26M
’18
$17M
’19
$5.1M
’20
$227k
’21
$27M
’22
$53M
’23
$16M
’24
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ronald Werft

President & CEO

Board chair

Steven Zola

Board Chair

As listed on its FY2024 Form 990.

03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 44 funders, grant income rose $423k → $1.7M.

16 of 98 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.5M from one payer (the payer shares this organization's board, largest Santa Barbara Foundation). These are real filings, and they are not money Santa Barbara Cottage Hospital Foundation raised.

From the IRS filings of Santa Barbara Cottage Hospital Foundation’s funders (the co-funder graph). Top 30 of 98 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Santa Barbara Cottage Hospital Foundation leans on a few funders — its largest provides 46% of grant income and the top three 57%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46%
largest funder
57%
top three
~4
effective funders

Largest funder’s share by year: 2017 13% · 2018 12% · 2019 57% · 2020 27% · 2021 13% · 2022 83% · 2023 21% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

54% of Santa Barbara Cottage Hospital Foundation's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Santa Barbara Cottage Hospital Foundation draws 79% of its grant income from funders outside California, across 18 states in all.

WA
MN
IL
NY
MA
NV
IN
OH
PA
CA
MO
VA
DE
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Santa Barbara Cottage Hospital Foundation runs a healthier operating margin than three-quarters of the 4,580 health nonprofits its size.

Operating margin48% · top quartile
Months of reserve10.8mo · top quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Organizations like Santa Barbara Cottage Hospital Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

69% of spending goes to programs.

Program 69%Management 16%Fundraising 16%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

38%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 12 related entities

  • SBCH Foundation RE LLC · disregarded
  • Cottage Health · exempt
  • Goleta Valley Cottage Hospital · exempt
  • Santa Ynez Valley Cottage Hospital Inc · exempt
  • Santa Barbara Cottage Hospital · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Santa Barbara Cottage Hospital Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Santa Barbara Cottage Hospital Foundation?
Santa Barbara Cottage Hospital Foundation (California) receives grants from 98 organizations whose IRS filings report $21,870,053 to it, the largest being INDIAN PAINTBRUSH FOUNDATION ($10,000,000). 67 of them have funded it in more than one year.
How many funders does Santa Barbara Cottage Hospital Foundation have?
IRS filings report 98 organizations giving $21,870,053 in grants to Santa Barbara Cottage Hospital Foundation, 67 of which have funded it in more than one year.
Who is the largest funder of Santa Barbara Cottage Hospital Foundation?
INDIAN PAINTBRUSH FOUNDATION is the largest funder on record, with $10,000,000 in grants. The full list of funders is on this page.
How can an organization like Santa Barbara Cottage Hospital Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 98 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing