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California · Public charity

The Basic Fund

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.

$15M
Granted FY2024(still arriving)
1
Itemized grants FY2024
Read the full brief
Itemized, FY2024
$7.4M
The rest is grants the schedule does not break out
Median grant, FY2024
$7,428,798
Largest grant, FY2024
$7,428,798
States reached, FY2024
1
Total assets, FY2024
$24M

Top grantees

Largest recipients by total granted, FY2024 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Basic Fund Scholarship Foundation$7,428,798149%

Compare The Basic Fund with peer funders

About The Basic Fund

How much does The Basic Fund give?
The Basic Fund reported 1 itemized grants totaling $7,428,798, out of $15,261,255 in total grant expense reported on the return in its FY2024 IRS filing.
What does The Basic Fund fund?
By grant dollars over FY2024 to FY2024, its largest causes are Education (100%).
Who are The Basic Fund's largest grantees?
By total granted over FY2024 to FY2024: The Basic Fund Scholarship Foundation ($7.4M).
Where is The Basic Fund based?
The Basic Fund is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 1 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports $7.8M of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2024, the most recent year this funder named its grantees.

Source object · view filing

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