From public IRS filings
BASIC FUND
OAKLAND, CA · Education
Mission
TO ENHANCE EQUITY BY PROVIDING SCHOLARSHIPS TO LOW INCOME FAMILIES.
Financials (IRS Form 990)
Total revenue
$8.6M
Total expenses
$9.6M
Total assets
$23.1M
Program expense ratio
90%
Source: IRS Form 990, tax year 2022.
Who funds BASIC FUND
$33.6M in foundation grants on record from 67 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Vanguard Charitable Endowment Program | $7.4M | 4 |
| Donor Advised Charitable Giving | $6M | 4 |
| Crescent Porter Hale Foundation | $3.5M | 3 |
| Childrens Scholarship Fund | $2.3M | 3 |
| Fidelity Investments Charitable Gift Fund | $2.2M | 4 |
| Bern Schwartz Family Foundation | $1.9M | 8 |
| Rock Foundation | $1.4M | 3 |
| Arthur & Carlyse Ciocca Charitable Foundation C/O Rosewood Family Advisors Llp | $1M | 4 |
| American Endowment Foundation | $730K | 3 |
| Carl Gellert and Celia Berta Gellert Foundation | $700K | 1 |
Leadership
RACHEL ELGINSMITH — CHIEF EXECUTIVE OFFICER (Principal officer)
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