NonprofitsBasic Fund

Education

Basic Fund

OAKLAND, CA

Total revenue

$15.6M

Total expenses

$17.2M

Net assets

$21.3M

Grants received

$37.3M

230 grants

EIN

943290699

Tax year

2023

Mission

To enhance equity by providing scholarships to low income families.

Financials

FY 2023

Revenue

Contributions & grants$14.9M
Program service revenue
Investment income$706K
Other revenue
Total revenue$15.6M

Expenses

Grants paid$15.3M
Salaries & benefits$1.4M
Fundraising$876K
Other expenses$590K
Total expenses$17.2M
Total assets$21.9M
Net assets$21.3M

People

25 listed

NameRoleCompensation

RACHEL ELGINSMITH

CHIEF EXECUTIVE OFFICER

Board

$195K

50 hrs/wk

CHRISTINE WEISS

CHIEF ADVANCEMENT OFFICER

Board

$136K

50 hrs/wk

JAMES H HERBERT II

CHAIRMAN

Board

1 hrs/wk

BRIAN GRIGGS

PRESIDENT

Board

1 hrs/wk

JOHN COUCH

VICE PRESIDENT

Board

1 hrs/wk

JEREMY PETERS

TREASURER

Board

1 hrs/wk

JANISHA SABNANI

DEPUTY GENERAL COUNSEL

Board

1 hrs/wk

RICHARD C BARKER

DIRECTOR

Board

1 hrs/wk

LAUREL BROWMAN

DIRECTOR

Board

1 hrs/wk

CRYSTAL BRYANT

DIRECTOR

Board

1 hrs/wk

JEFFREY G EDWARDS

DIRECTOR

Board

1 hrs/wk

JONO GRAYSON

DIRECTOR

Board

1 hrs/wk

JURGEN HUCK

DIRECTOR

Board

1 hrs/wk

RUPERT H JOHNSON JR

DIRECTOR

Board

1 hrs/wk

JOHN C KERN JR

DIRECTOR

Board

1 hrs/wk

JOHN E KERRIGAN JR

DIRECTOR

Board

1 hrs/wk

TED KRUTTSCHNITT

DIRECTOR

Board

1 hrs/wk

RONNIE LOTT

DIRECTOR

Board

1 hrs/wk

MARISSA MAR

DIRECTOR

Board

1 hrs/wk

MICHAEL MCCARTHY

DIRECTOR

Board

1 hrs/wk

TIM RANZETTA

DIRECTOR

Board

1 hrs/wk

WILLIAM T RING

DIRECTOR

Board

1 hrs/wk

MARTIN ROMO

DIRECTOR

Board

1 hrs/wk

ERIC A SCHWARTZ

DIRECTOR

Board

1 hrs/wk

WARREN E SPIEKER JR

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 200 of 230

FromAmountPurposeYear
$1.1M
K-8 SCHOLARSHIPS
2024
$1.0M
EDUCATIONAL
2024
$768K
To provide partial scholarship awards to children from low-income families
2024
$380K
EDUCATIONAL
2024
$250K
IN SUPPORT OF GENERAL OPERATIONS
2024
$60K
SUPPORT CHARITABLE ACTIVITIES
2024
$50K
CHARITABLE SUPPORT
2024
$50K
GENERAL SUPPORT
2024
$50K
STUDENT SCHOLARSHIPS
2024
$46K
GENERAL SUPPORT
2024
$40K
FOR GENERAL OPERATING SUPPORT
2024
$35K
COMMUNITY SUPPORT
2024
$26K
GENERAL SUPPORT
2024
$25K
GENERAL CHARITY
2024
$20K
General fund
2024
$16K
UNRESTRICTED GENERAL SUPPORT
2024
$12K
SUPPORT EDUCATION OF NEEDY CHILDREN W/ SCHOLARSHIPS
2024
$10K
K-8 TUITION ASSISTANCE AND OTHER SUPPORT
2024
$5K
BASIC FUND SCHOLARS PROGRAM
2024
$5K
GENERAL PURPOSE
2024
$5K
GENERAL CHARITY
2024
$6.6M
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$1.4M
K-8 SCHOLARSHIPS
2023
$1.2M
Scholarship Fund
2023
$767K
To provide partial scholarship awards to children from low-income families
2023
$255K
EDUCATIONAL
2023
$250K
IN SUPPORT OF GENERAL OPERATIONS
2023
$235K
For grant recipient's exempt purposes
2023
$225K
FOR GENERAL SUPPORT.
2023
$200K
GENERAL OPERATING
2023
$200K
Scholarship Fund
2023
$178K
EDUCATIONAL
2023
$150K
Scholarship Fund
2023
$100K
Scholarship Fund
2023
$100K
GENERAL SUPPORT
2023
$80K
PROVIDE GENERAL OPERATING SUPPORT
2023
$70K
DIRECT SUPPORT THE EDUCATION PROGRAM FOR LOW-INCOME FAMILIES
2023
$70K
GENERAL PROGRAMMING
2023
$55K
SUPPORT CHARITABLE ACTIVITIES
2023
$50K
GENERAL SUPPORT
2023
$50K
Scholarship Fund
2023
$50K
CHARITABLE SUPPORT
2023
$50K
STUDENT SCHOLARSHIPS
2023
$40K
FOR GENERAL OPERATING SUPPORT
2023
$32K
UNRESTRICTED GENERAL SUPPORT
2023
$25K
GENERAL OPERATING PURPOSES
2023
$25K
UNRESTRICTED GRANT RELATED TO PROVIDING PARTIAL TUITION FUNDING TO LOW INCOME FAMILIES
2023
$20K
BASIC Fund 2023 Scholars Program
2023
$20K
General fund
2023
$15K
GENERAL SUPPORT
2023
$12K
SUPPORT EDUCATION OF NEEDY CHILDREN W/ SCHOLARSHIPS
2023
$10K
FUNDS ARE DONATED WITHOUT RESTRICTION ON USAGE
2023
$10K
K-8 TUITION ASSISTANCE AND OTHER SUPPORT
2023
$5K
GENERAL OPERATING SUPPORT
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$1K
GENERAL FUND
2023
$1K
GENERAL FUND
2023
$1.1M
K-8 SCHOLARSHIPS
2022
$767K
To provide partial scholarship awards to children from low-income families
2022
$700K
2022 SCHOLARS PROGRAM
2022
$386K
For grant recipient's exempt purposes
2022
$250K
IN SUPPORT OF GENERAL OPERATIONS
2022
$240K
EDUCATIONAL
2022
$184K
ADVISED - FOR GENERAL OPERATING SUPPORT.
2022
$128K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$100K
GENERAL OPERATING
2022
$100K
To support operations
2022
$100K
GENERAL SUPPORT
2022
$50K
2021 Scholars Program Scholarship Fund
2022
$50K
SUPPORT CHARITABLE ACTIVITIES
2022
$50K
CHARITABLE SUPPORT
2022
$50K
GENERAL PROGRAMMING
2022
$50K
GENERAL PROGRAMMING
2022
$50K
2020 Scholarship Program Scholarship Fund
2022
$50K
2022 Scholars Program
2022
$48K
GENERAL OPERATING SUPPORT
2022
$45K
GENERAL FINANCIAL SUPPORT
2022
$40K
GENERAL PURPOSES
2022
$40K
STUDENT SCHOLARSHIPS
2022
$25K
UNRESTRICTED GRANT RELATED TO PROVIDING PARTIAL TUITION FUNDING TO LOW INCOME FAMILIES
2022
$20K
GENERAL SUPPORT
2022
$18K
2022 SCHOLARS FUND
2022
$15K
TUITION ASSISTANCE
2022
$12K
SUPPORT EDUCATION OF NEEDY CHILDREN W/ SCHOLARSHIPS
2022
$10K
FUNDS ARE DONATED WITHOUT RESTRICTION ON USAGE
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
General Fund
2022
$10K
DESIGNATED BY DONOR TO AGENCY
2022
$5K
GENERAL OPERATING SUPPORT
2022
$5K
GENERAL PURPOSE
2022
$1K
GENERAL FUND
2022
$1K
GENERAL & UNRESTRICTED
2022
$500
GENERAL SUPPORT
2022
$393K
For recipient's exempt purpose
2021
$292K
For grant recipient's exempt purposes
2021
$292K
For grant recipient's exempt purposes
2021
$138K
ADVISED - FOR GENERAL OPERATING SUPPORT.
2021
$135K
GENERAL OPERATING SUPPORT
2021
$113K
EDUCATIONAL
2021
$100K
GENERAL OPERATING
2021
$100K
CHARITABLE SUPPORT
2021
$63K
UNRESTRICTED
2021
$60K
Education
2021
$50K
SUPPORT CHARITABLE ACTIVITIES
2021
$50K
CHARITABLE SUPPORT
2021
$50K
CHARITABLE SUPPORT
2021
$45K
GENERAL PROGRAMMING
2021
$40K
General Purposes
2021
$30K
TO PROVIDE PRE-K THROUGH 8TH GRADE TUITION ASSISTANCE TO LOW-INCOME FAMILIES
2021
$25K
UNRESTRICTED GRANT RELATED TO PROVIDING PARTIAL TUITION FUNDING TO LOW INCOME FAMILIES
2021
$20K
Scholarships
2021
$20K
DESIGNATED BY DONOR TO AGENCY
2021
$15K
General Fund
2021
$15K
TUITION ASSISTANCE
2021
$10K
General operating support
2021
$10K
General operating support
2021
$10K
DISCRETIONARY GIFT
2021
$1.1M
K-8 SCHOLARSHIPS
2020
$824K
To provide partial scholarship awards to children from low-income families
2020
$678K
For grant recipient's exempt purposes
2020
$406K
ADVISED - FOR GENERAL OPERATING SUPPORT.
2020
$250K
GENERAL CHARITABLE PURPOSE
2020
$109K
Unrestricted
2020
$104K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$100K
2021 SCHOLARS PROGRAM
2020
$100K
GENERAL OPERATING
2020
$71K
EDUCATIONAL PROGRAMS SUPPORT
2020
$50K
SUPPORT CHARITABLE ACTIVITIES
2020
$50K
2021 Scholars Program
2020
$50K
CHARITABLE SUPPORT
2020
$50K
2018 Scholarship Program
2020
$50K
2017 Scholarship Program
2020
$50K
2020 Scholarship Program
2020
$48K
General & Unrestricted
2020
$40K
STUDENT SCHOLARSHIPS
2020
$40K
FOR GENERAL OPERATING SUPPORT
2020
$40K
GENERAL PROGRAMMING
2020
$40K
General Purposes
2020
$40K
GENERAL PROGRAMMING
2020
$30K
FOR GENERAL OPERATING SUPPORT
2020
$30K
GENERAL FINANCIAL SUPPORT
2020
$30K
Emergency Supplemental Scholarship Fund
2020
$25K
COMMUNITY & SOCIAL SERVICES
2020
$25K
UNRESTRICTED GRANT RELATED TO PROVIDING PARTIAL TUITION FUNDING TO LOW INCOME FAMILIES
2020
$25K
GENERAL PURPOSE
2020
$24K
SCHOLARSHIPS FOR STUDENTS ATTENDING SECULAR SCHOOLS
2020
$16K
GENERAL OPERATING ASSISTANCE
2020
$15K
Scholarships
2020
$15K
TUITION ASSISTANCE
2020
$12K
SUPPORT EDUCATION OF NEEDY CHILDREN W/ SCHOLARSHIPS
2020
$10K
GENERAL OPERATING SUPPORT
2020
$10K
DESIGNATED BY DONOR TO AGENCY FOR GENERAL OPERATIONS
2020
$10K
FUNDS ARE DONATED WITHOUT RESTRICTION ON USAGE
2020
$6K
General & Unrestricted
2020
$5K
General Fund
2020
$4K
GENERAL OPERATING
2020
$1K
Education
2020
$1K
GENERAL FUND
2020
$800K
To provide partial scholarship awards to children from low-income families
2019

Funded by

$37.3M from 75 funders · 230 grants · 2017–2024

Vanguard Charitable Endowment Program

$7.2M · 4 grants · 2020–2023

Crescent Porter Hale Foundation

$4.6M · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$4.0M · 7 grants · 2017–2023

The Childrens Scholarship Fund

$3.9M · 5 grants · 2019–2024

Fidelity Investments Charitable Gift Fund

$2.4M · 8 grants · 2017–2023

The Bern Schwartz Family Foundation

$2.2M · 15 grants · 2018–2023

The Rock Foundation

$1.5M · 4 grants · 2021–2024

The San Francisco Foundation

$1.5M · 7 grants · 2017–2023

Details

EIN943290699
NTEE codeB820
Subsection03
Ruling date1998-02
Formed1997
Employees16
Volunteers0
BASIC FUND — Mission, Financials & Grants Received | Grantivo