THE BASIC FUND

OAKLAND, CA, 94612 (415) 986-5650 Est. 1997 EIN 94-3290699
B820 - Education 990 - Public charity return 501(c)(3)
www.basicfund.org

Mission

THE BASIC FUND IS A PRIVATELY FUNDED PROGRAM WHOSE MISSION IS TO ADVANCE EDUCATIONAL EQUITY FOR LOW-INCOME FAMILIES BY HELPING OFFSET THE COST OF TUITION AT PRIVATE SCHOOLS IN THE BAY AREA.

Giving Portfolio

Total Grants
1
Total Giving
$7.4M
Recipients
1
Years Active
2023
Avg grant: $7,428,798 Median: $7,428,798

Sectors Funded

Philanthropy & Grantmaking
1

Top States

California
1

Grantee Size Profile

$5M - $10M
1

Top Grantees

Grants Awarded · 1 grants

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Financials

Total Revenue
$12,189,550
Total Expenses
$9,964,545
Net Assets
$23,855,319
13 employees 23 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
2.4 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 21.8%
Expenses ↓ 42.1%
Revenue Sources
Contributions 95.9% Investment 4.1%
Expense Breakdown
Program 87.4% Management 3.1% Fundraising 9.5%

Officers & Trustees (22)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$12,189,550 ↓$9,964,545$23,855,319
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$15,579,251 ↑$17,216,390$21,288,198
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$8,573,960 ↓$9,630,729$22,575,742
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$9,421,973 ↓$9,556,741$23,395,223
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$9,637,782 ↑$9,066,159$23,720,159
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$9,507,333 ↑$7,478,424$23,033,511
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$8,622,458 $6,412,218$21,319,083

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EIN: 94-3290699 · Source: IRS Form 990 e-file data