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California · Nonprofit

Bay Education Fund

Bay Education Fund (California) receives grants from 12 organizations whose IRS filings report $8,300,566 to it, the largest being GIVE FORWARD FOUNDATION ($4,650,066). 4 of them have funded it in more than one year.

Revenue FY2025
$5.7M
Funders on record
12
Grants received
$8.3M
Net assets
$3.2M
4/12 repeat fundersgrants exceed reported revenue in one year
01What it does

What Bay Education Fund does

Mission

Build a community investment fund that catalyzes local movements and transforms district capacity by bringing together families,communities, teachers, district leaders, and philanthropy to co-design a vision for students and implement proven solutions for change in schools.

As stated on its FY2025 Form 990.

Programs

  1. South San Francisco: In close partnership with South San Francisco Unified School District and community leaders, crafted a comprehensive strategy to make the communitys student vision a reality. The board adopted this strategy with enthusiastic support from the community, and the district has aligned its goals, budget, and staffing resources to the plan. We continue supporting the strategic plans goals through capacity building and partnerships with best-in-class providers who are transforming instruction to be high-quality and student-centered. We continued to train and support family leaders who provided critical input to the strategic plan.

    $2,760,356 spentof which $790,698 as grants
    62% of program spending
  2. Ravenswood: Building on the Ravenswood Learner Profile, which engaged over 1,100 students, families, educators, and community leaders to set a unified vision for students, we supported the development of a Community Action Plan, which translated the vision into clear goals and areas for focused improvement. Additionally, over 50 family members participated in our leadership fellowship to deepen their understanding of achievement and opportunity gaps, how school systems work, research about effective schools, and what students need to thrive.

    $1,026,610 spent
    23% of program spending
  3. Cambiar Fellowship: In partnership with Cambiar Education, we launched a fellowship for 19 school district leaders in the Bay Area. This leaders met throughout the year to deepen their understanding of best practices, solve problems of practice together, and strengthen relationships across the Bay.

    $453,003 spent
    10% of program spending
  4. Program Development: We continue to evaluate and codify our work to effectively share learnings with others. Weve documented lessons learned and how theyve improved our practices.

    $163,758 spent
    4% of program spending
  5. San Mateo-Foster City:We launched our third partnership with the San Mateo Foster City School District. To prepare for this, we spoke with over 70 community leaders to ensure they bought into our approach and learn about what they want to see for their students and schools.

    $82,243 spent
    2% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,485,970.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($1.2M) Expenses 100 ($423k) Net assets 100 ($789k)2023 Revenue 86 ($1.0M) Expenses 260 ($1.1M) Net assets 93 ($730k)2024 Revenue 537 ($6.5M) Expenses 933 ($3.9M) Net assets 418 ($3.3M)2025 Revenue 471 ($5.7M) Expenses 1368 ($5.8M) Net assets 409 ($3.2M)
2022202320242025
Revenue (471)Expenses (1368)Net assets (409)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $765k to $3.6M (+371%).

$846k
$765k
$3.6M
$3.6M
2022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of Bay Education Fund’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$789k
’22
−$59k
’23
$2.6M
’24
−$70k
’25
7.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2022202320242025
Listed4467
Joined·+0+2+1
No longer listed·000
03Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $531k → $2.5M.

5 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Bay Education Fund’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Bay Education Fund leans on a few funders — its largest provides 56% of grant income and the top three 80%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

56%
largest funder
80%
top three
~3
effective funders

Largest funder’s share by year: 2022 53% · 2023 70% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of Bay Education Fund's grant income comes from California funders.

IL
CA

In-state vs out-of-state, by year

’22
’23
California out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Bay Education Fund has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin−1% · below the median
Months of reserve7.3mo · above the median
Revenue growth (annualized)68% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like Bay Education Fund

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

78% of spending goes to programs.

Program 78%Management 18%Fundraising 4%

Governance

4
board members
50%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for Bay Education Fund: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Bay Education Fund?
Bay Education Fund (California) receives grants from 12 organizations whose IRS filings report $8,300,566 to it, the largest being GIVE FORWARD FOUNDATION ($4,650,066). 4 of them have funded it in more than one year.
How many funders does Bay Education Fund have?
IRS filings report 12 organizations giving $8,300,566 in grants to Bay Education Fund, 4 of which have funded it in more than one year.
Who is the largest funder of Bay Education Fund?
GIVE FORWARD FOUNDATION is the largest funder on record, with $4,650,066 in grants. The full list of funders is on this page.
How can an organization like Bay Education Fund find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing