Public Charity

THE BASIC FUND SCHOLARSHIP FOUNDATION

THE BASIC FUND SCHOLARSHIP FOUNDATION is a Public Charity headquartered in OAKLAND, CA. Financial data from the 2024 filing: $15.2M revenue, $10K expenses, $15.2M total assets. 2 publicly reported grants to this organization, totaling roughly $10.4M, appear in IRS filings.

EIN: 931637027 OAKLAND, CA Latest filing: 2024
Total Revenue$15.2M
Total Expenses$10K
Total Assets$15.2M
Grant Records2
Funding Total$10.4M
Filing Years2023–2024

Mission

WITH A PURPOSE OF SUPPORTING AND SUSTAINING THE SCHOLARSHIP PROGRAMS OF THE BASIC FUND, AND GUIDED BY THE BASIC FUND SCHOLARSHIP FOUNDATION'S BOARD OF DIRECTORS, THE FOUNDATION WILL STRATEGICALLY DEPLOY FUNDS RAISED INTO CAREFULLY MANAGED INVESTMENTS.

Officers & Directors

DRIECTOR James H Herbert Ii
SECRETARY/TREASURER Janisha Sabnani
DIRECTOR John Couch
DIRECTOR John E Kerrigan Jr
PRESIDENT Michael Mccarthy
DIRECTOR Richard Barker

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$7,428,798 1 grant
General Nonprofit Support
$3,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $15.2M $10K $15.2M
2023 — — —

Interactive year-over-year charts and full filing details available with membership.

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