September 2007 - June 2008 School Year
10th Program

Statistics
266 Participating Schools
Over 4600 Students
In excess of $35 Million paid for scholarships

Key Points

  • Started in 1998, only qualification is low-income
  • Currently the only program providing a substantial amount of new scholarships
  • Currently funding ten programs
  • Seeks four-year commitments, with one time gifts spread over four years
  • Currently supporting over 4600 children
  • Attrition allows us to carry children through the eighth grade
  • Children attending 266 schools
  • Paid $6.5 million to the schools for the 2007-2008 school year
  • We accept all siblings in the program
  • The greatest percentage of our support goes to students attending private school for the first time
  • We have yet to turn away a new student to a private school that meets the qualifying requirements
  • The maximum scholarship is $1,600
  • Non-Scholarship expenses are covered by directors' contributions
  • We currently have two matching gifts that convert every $1 donated into $3 in scholarships
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1 Alameda County
1 Contra Costa County
1 Marin County
1 Napa County
1 San Francisco County
1 San Mateo County
1 Santa Clara County
1 Solano County
1 Sonoma County
The BASIC Fund awarded Pacific Research Institute's 10th Annual Privatization Competition Award.
 
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