Basic Fund is a 501(c)(3) organization based in Oakland, California, registered in 1998, with $15,579,251 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$15.6M
▲ 81.7% vs prior year
Education median: $200K
Expenses (FY2023)
$17.2M
Net assets
$21.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Basic Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Basic Fund: 15 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Basic Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Basic Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $5.6M (FY2013) to $15.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-10.5%
Spent more than it raised in the latest fiscal year.
Total assets
$21.9M
Total liabilities
$565K
Net assets
$21.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $15,579,251▲81.7% | $17,216,390▲78.8% | $21,288,198▼5.7% | $21,853,396▼5.5% | 990 |
| 2022 | $8,573,960▼9.0% | $9,630,729▲0.8% | $22,575,742▼3.5% | $23,129,936▼1.6% | 990 |
| 2021 | $9,421,973▼2.2% | $9,556,741▲5.4% | $23,395,223▼1.4% | $23,502,708▼2.0% | 990 |
| 2020 | $9,637,782▲1.4% | $9,066,159▲21.2% | $23,720,159▲3.0% | $23,987,500▲3.2% | 990 |
| 2019 | $9,507,333▲28.7% | $7,478,424▼1.2% | $23,033,511▲8.9% | $23,234,810▲9.7% | 990 |
| 2018 | $7,386,950▼14.3% | $7,571,235▲18.1% | $21,143,934▼0.8% | $21,176,737▼0.8% | 990 |
| 2017 | $8,622,458▲28.4% | $6,412,218▲2.4% | $21,319,083▲11.3% | $21,352,697▲11.2% | 990 |
| 2016 | $6,717,589▼3.1% | $6,260,003▲0.1% | $19,147,317▲2.9% | $19,205,638▲3.1% | 990 |
| 2015 | $6,934,975▲18.2% | $6,252,490▼1.2% | $18,612,352▲3.4% | $18,625,572▲3.4% | 990 |
| 2014 | $5,865,662▲5.1% | $6,326,396▼7.1% | $17,992,254▼2.6% | $18,011,685▼2.5% | 990 |
| 2013 | $5,580,152 | $6,811,248▲0.5% | $18,465,942▼6.2% | $18,474,722▼6.2% | 990 |
| 2012 | — | $6,774,616▼0.8% | $19,688,414▲35.3% | $19,705,832▲35.3% | 990 |
| 2011 | — | $6,831,406▼4.4% | $14,550,265▼1.8% | $14,569,111▼1.7% | 990 |
| 2010 | — | $7,142,798▼5.0% | $14,811,145▲0.1% | $14,824,544▲0.2% | 990 |
| 2009 | — | $7,517,255 | $14,793,570 | $14,796,903 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
110 grants to Basic Fund totaling $24.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $380,000 |
| American Online Giving Foundation Inc | General support | 2024 | $240,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $69,500 |
| The Bessemer Giving Fund | General support | 2024 | $50,000 |
| Pga Tour Inc | General support | 2024 | $46,471 |
| Silicon Valley Community Foundation | Education | 2024 | $45,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $16,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $15,625 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $6,610,500 |
| Donor Advised Charitable Giving | Education | 2023 | $592,050 |
| American Endowment Foundation | Educational | 2023 | $255,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $234,840 |
| San Francisco Foundation | For general support. | 2023 | $225,000 |
| Silicon Valley Community Foundation | Education | 2023 | $220,000 |
| National Philanthropic Tr | Religion | 2023 | $120,000 |
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Data for Basic Fund (EIN 94-3290699) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.