The BASIC Fund announces over 1,000 new scholarships Anonymous $5 million donation allows clearing of waitlist OAKLAND, Calif. — June 23, 2026 — The BASIC Fund, California’s largest non-denominational PreK-8th grade scholarship-granting organization (SGO), announced today that a $5 million gift will allow the organization to clear its waitlist and serve more than 1,000 new […]
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The BASIC Fund Receives $19 Million GiftFoundation now totals $50 million OAKLAND, Calif. — June 11, 2026 — The BASIC Fund, California’s largest non-denominational PreK-8th grade scholarship-granting organization (SGO), announced that its new Foundation has reached a $50 million level since launching less than 30 months ago. This milestone marks an important step in building
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New CA Poll: Strong Majority of California Voters Support Opting Into the Federal Scholarship Tax Credit (FSTC) Critical K–12 resources hang in the balance — opting-in will deliver new funding for millions of families, while opting-out will let resources leave the state. Sacramento, CA — Education Reform Now (ERN) today released findings from a new poll
Will 2026 tax changes reduce your charitable deductions? Will 2026 tax changes reduce your charitable deductions?A new set of federal giving laws takes effect on January 1, 2026, and for many donors, it will reduce how much of your charitable giving is deductible. We want our BASIC Fund community to have clear information—and the opportunity to
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The BASIC Fund Raises $1.7 Million in Nine Minutes SAN FRANCISCO, CA, UNITED STATES, November 4, 2025 Panoramic views of the Bay greeted more than 200 community leaders, educators and philanthropists at the BASIC (Bay Area Scholarships for Inner-City Children) Fund’s Transforming Lives luncheon, held at the St. Francis Yacht Club on October 7. The
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School Choice: Nonprofits in Blue States See Opportunity in Federal Tax Credit Observers say some Democratic leaders will only participate if they can “carefully regulate” the new program. For 27 years, the BASIC Fund, a nonprofit, has awarded scholarships to help families in nine Bay Area counties in California to send their children to private
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A New Opportunity February 10, 2025Rachel Elginsmith Chief Executive Officer at The BASIC Fund With the dizzying moves in Washington and a case in the Supreme Court examining the constitutionality of religious charter schools on the horizon, not to mention the recent disappointing (“heartbreaking”) NAEP scores showing the further decline of our nation’s performance in
Floor It! A Rare Ferrari Brings Opportunity to Low-Income Kids Experience the stunning restoration of a 1964 Ferrari 400 Superamerica—fueling dreams and funding brighter futures for low-income scholars through The BASIC Fund! San Francisco, CA – In a remarkable fusion of luxury automobiles and philanthropy, The BASIC Fund, a nonprofit that funds school scholarships for
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The BASIC Fund Receives $20 Million Pledge, Creating Educational Opportunities for Bay Area Students Gift provides $2 million annually for 10 years, supporting educational choice opportunities. San Francisco, CA – Today, The BASIC Fund, a nonprofit scholarship fund for Pre-K through 8th Grade based solely on needs-based criteria, announced a pledge of $20 million from
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One of Four Ferrari 400 Superamericas Is Being Restored to Perfection and Will Head to Sale in 2025 Proceeds will Benefit The BASIC Fund, Which Provides Access to Scholarships for Low-Income Children in the Bay Area San Francisco, CA – In a remarkable fusion of luxury and philanthropy, The BASIC Fund, a nonprofit that funds
The BASIC Fund is a privately funded 501(c)3 scholarship-granting organization whose mission is to advance education equity for low-income families by helping offset the cost of tuition at private schools in the Bay Area.
