Mission
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.
Public Charity
THE BASIC FUND
THE BASIC FUND is a Public Charity headquartered in OAKLAND, CA. Financial data from the 2025 filing: $12.2M revenue, $10.0M expenses, $24.2M total assets. 129 publicly reported grants to this organization, totaling roughly $33.1M, appear in IRS filings.
EIN: 943290699
OAKLAND, CA
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$12.2M
Total Expenses$10.0M
Total Assets$24.2M
Grant Records129
Funding Total$33.1M
Filing Years2021–2025
Sample Grants Received
EDUCATION
$4,484,350
For grant recipient's exempt purposes
$1,315,750
To provide partial scholarship awards to children from low-income families
$768,318
EXPENSE REIMBURSEMENT
$587,238
EDUCATIONAL
$380,000
Showing up to 5 of 129 total records — full history available with membership.
Officers & Directors
PRESIDENT
Brian Griggs
DIRECTOR
Crystal Bryant
DIRECTOR
Eric A Schwartz
CHAIRMAN
James H Herbert Ii
DEPUTY GENERAL COUNSEL
Janisha Sabnani
TREASURER
Jeremy Peters
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $12.2M | $10.0M | $24.2M |
| 2024 | $15.6M | $17.2M | $21.9M |
| 2023 | $8.6M | $9.6M | $23.1M |
| 2022 | $9.4M | $9.6M | $23.5M |
| 2021 | $9.6M | $9.1M | $24.0M |
Between 2021 and 2025, reported annual revenue grew from $9.6M to $12.2M (+26%), with total assets most recently reported at $24.2M.
Interactive year-over-year charts and full filing details available with membership.