GLOSSARY

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Glossary

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Planned Giving
A form of giving arranged in advance through financial or estate planning, often offering long-term benefits for both the donor and the nonprofit.
Private School
A school providing preschool, elementary, middle and/or high school to students, and charges tuition.  The school relies primarily on tuition and private donations from individuals and foundations, with minimal support from state or federal funds.
Private School Scholarship
Financial aid that helps families afford private school tuition, often based on income eligibility. The BASIC Fund specializes in providing these opportunities to low-income families in the Bay Area.
Public Charter School
A school providing elementary, middle and/or high school to students at no charge. The school relies both on state and federal funds, but also private donations from individuals and foundations.
Public District School
A school providing elementary (K-5th grade), middle (6th-8th grade) and/or high (9th-12th grade) school to students at no charge. The school relies primarily on state and federal government funds.

The BASIC Fund accepts all siblings in each family, keeping families supported and together.

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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.