Public Charity

THE TERRACE FOUNDATION

THE TERRACE FOUNDATION is a nonprofit organization categorized as Public Charity based in SANTA BARBARA, CA. Its most recent IRS filing (2024) reports revenue of $513K, expenses of $367K, total assets of $170K. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $2.1M.

EIN: 822475808 SANTA BARBARA, CA Latest filing: 2024
Total Revenue$513K
Total Expenses$367K
Total Assets$170K
Grant Records3
Funding Total$2.1M
Filing Years2019–2024

Mission

TO ABOLISH FOOD DESERTS IN UNDERSERVED LOW-INCOME COMMUNITIES, CREATE THE NEXT GENERATION OF FARMERS, AND PROVIDE HEALTHY FRESH PRODUCE TO THE UNDER REPRESENTED POPULATION. THROUGH EDUCATION, THE GOAL OF THE TERRACE FOUNDATION IS TO TEACH THE CHILDREN AND ADULTS TO LIVE SUSTAINABLY, OWN THEIR FOOD SUPPLY, AND DEFEAT FOOD RELATED ILLNESSES SUCH AS DIABETES, HEART DISEASE, AND STROKES.

Officers & Directors

VICE PRESIDENT Dave Sommers
TREASURER Dean Vanecek
EXECUTIVE DIRECTOR Louis Alvaro
FORMER EXECUTIVE DIRECTOR Manny Ayala
PRESIDENT Michael Vondran

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROGRAM SUPPORT
$1,951,218 2 grants
GENERAL SUPPORT
$167,401 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $513K $367K $170K
2023 $520K $541K $41K
2022 $483K $564K $53K
2020 $1.6M $600K $76K
2019 $10K $583K $106K

Between 2019 and 2024, reported annual revenue grew from $10K to $513K (+5200%), with total assets most recently reported at $170K.

Interactive year-over-year charts and full filing details available with membership.

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