THE BASIC FUND

OAKLAND, CA, US
501(c)(3)
EIN
94-3290699
Regional Funder
funder logo
OAKLAND, CA, US
501(c)(3)
EIN
94-3290699
Regional Funder

Overview

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Est.

1997

Fiscal Year Start

Jul 1

Organization Type

funder logo
Grantmaker

AI Summary

THE BASIC FUND is a 501(c)(3) grantmaking organization that primarily engages in relationship-based funding, providing grants by invitation only. With a total of $7.4 million in grants paid in 2024 and a focus on a limited number of grantees, the organization does not accept unsolicited proposals. Nonprofits interested in connecting with THE BASIC FUND can explore warm-introduction pathways through Impala's Funder Prospecting.

Mission Statement

TO ENHANCE EQUITY BY PROVIDING SCHOLARSHIPS TO LOW INCOME FAMILIES.
Total Funding Given

$7.4M

2024
Grantees funded
1
Multi-year grantees
0%
Funding by Year
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Total No. of Grants

1

Median 1st year grant
$7.4M
Median 2nd year grant
N/A
R
Rachel Elginsmith
Board Member
C
Christine Weiss
Board Member
J
John E Kerrigan Jr
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to THE BASIC FUND?
No. THE BASIC FUND does not accept unsolicited proposals. Funding is by invitation only.
Where does THE BASIC FUND give?
THE BASIC FUND primarily gives to organizations located in California. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are THE BASIC FUND’s grants?
The largest share of grants from THE BASIC FUND fall in the $5 million to $10 million range. The median first-year grant is about $7.4 million. More detailed grant size data is available to registered users.
How many grants does THE BASIC FUND make each year?
In 2024, THE BASIC FUND awarded about 1 grants, totaling nearly $7.4 million. More detailed grant metrics are available to registered users.
Who did THE BASIC FUND fund recently?
In 2024, THE BASIC FUND awarded grants to about 1 grantees. Recent grantees include THE BASIC FUND SCHOLARSHIP FOUNDATION. More detailed information on all recent recipients is available to registered users.
How do we apply to THE BASIC FUND?
THE BASIC FUND does not accept unsolicited proposals. Funding is by invitation only.
Overview
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