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World Business Academy

Public charity · Grantmaker Santa Barbara, CA EIN: 94-3058028 Website

To change business leaders consciousness from self service to servant leadership. To change the consciousness of young people entering business, particularly to see themselves as entering a noble profession, not a jungle. To change the consciousness of the public at large.

World Business Academy at a glance

In short: World Business Academy gave $32K across 1 grant in 2025 (avg $32K), mostly in Wyoming. Source: 2025 IRS Form 990.

Annual giving (2025)
$31,500
Grants made (2025)
1
Average grant
$31,500
Median grant
$31,500
Total assets
$8,092,935
-0.5% vs 2024
Primary geography
Wyoming (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who World Business Academy funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Proponent Management Corp: $32KProponent Management Corp$32K

The largest 2025 recipient was Proponent Management Corp ($32K).

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2025 grant dollars on its one itemized grant.

Cities

EvanstonMontecito

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K1 grant2020 0 grants2021 0 grants2022 0 grants2023 0 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $13K (2020) to $32K (2025). In 2025 it made 1 grant totaling $32K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Proponent Management Corp Evanston, WYSupport Mission$31,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$8,092,935$639,015$688,131$31,5001$1,568
2024$8,133,058$826,660$870,567——$22,872
2023$8,092,190$265,797$611,676——$37,520
2022$8,862,315$1,910,669$755,589——$45,158
2021$8,741,209$9,085,888$1,317,032——$102
2020$1,265,140$657,152$417,333$12,5001$480

About World Business Academy

Based on IRS filings

World Business Academy is a public charity focused on Education, based in Santa Barbara, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.1M in total assets. In 2025, it awarded 1 grant totaling $32K. Net investment income was $2K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

World Business Academy is led by Rinaldo S. Brutoco, CEO on every filing since 2020; 1 of 9 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Rinaldo S. Brutoco

    CEO

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Diane Circincione

    Chair

    Director → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bill Moses

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Blaine Bartlett

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jerry B. Brown

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Merryl Zegar

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lalla D. Brutoco

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Vaishali Chadha

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jerry Lucera

    CFO

    On filings since 2024

    13 hrs/week

    $15K (2025)

Former officers (14)
  • Former: Viviana Gonzalez (2020–2024) — Secretary
  • Former: Blaine Barnett (2022–2024) — Director
  • Former: Neha Sangwan (2024) — Director
  • Former: Paul Wellman (2024) — Assistant Secretary
  • Former: Robert Shelton (2024) — Vice President
  • Former: Marie Case (2020–2023) — Chairman
  • Former: Dawa Tarchin Phillips (2021–2023) — Director
  • Former: Mike Harmon (2022–2023) — Director
  • Former: Kristina Jansen (2020–2022) — Executive Director
  • Former: Ray Afshordi (2021–2022) — CFO
  • Former: Diane Boss (2020) — Director
  • Former: James Selman (2020) — Chairman
  • Former: Rahim Afshordi (2020) — CFO
  • Former: Vincent Dibianca (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Jerry Lucera — CFO: $15KJerry LuceraCFO$15K

The highest reported compensation on the 2025 filing was $15K, to Jerry Lucera (CFO).

Frequently asked questions about World Business Academy

How much does World Business Academy give each year?

World Business Academy gave $32K across 1 grant in 2025, according to its 2025 IRS Form 990.

How large is World Business Academy?

World Business Academy reported $8.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $639K.

What is World Business Academy?

World Business Academy is a public charity focused on Education, based in Santa Barbara, CA. It holds $8.1M in total assets as of 2025.

Where does World Business Academy operate?

World Business Academy has awarded grants in California, Wyoming.

What is World Business Academy's EIN?

World Business Academy's EIN (Employer Identification Number) is 94-3058028. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Added Form 990 for fiscal year 2025 (received by the IRS August 12, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from World Business Academy's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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