Public nonprofit record
THE BASIC FUND
EIN 94-3290699 · Education (B820)
What they do
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.
Money
Tax year 2024Financial picture
Revenue$12,189,550
Expenses$9,964,545
Assets$24,161,414
Income$42,828,423
Contributions$11,691,478
Grants given$7,428,798
Average grant$7,428,798
Management$305,397
Executive compensation$168,077
Stocks and bonds$14,138,329
Accounting fees$3,000
Investing fees$1,632
About this charity
- Recognized since
- January 1998
- Location
- 475 14TH STREET 290, OAKLAND, CA 94612
- County
- Alameda
- In care of
- RACHEL ELGINSMITH
- Primary officer
- RACHEL ELGINSMITH, CHIEF EXECUTIVE OFFICER
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- Tax preparer
- HOOD & STRONG LLP
- NTEE classification
- Education (B820)
- IRS tax category
- Civic and Social Organizations
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Activity
- 994040000
- Organization
- 1