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Currently funding our 2010 Program:

September 2010 - June 2011 School Year
13th Program
Anticipate 1,100 new scholarships

BASIC Fund Statistics
300 Participating Schools
Over 5000 Students
In excess of $50 Million paid for scholarships
14,000 Children have received BASIC Fund assistance

Key Points

  • Started in 1998, only qualification is low-income
  • Currently the BASIC Fund is the only program providing a substantial amount of new scholarships in the Bay Area
  • Paid $7.4 million to the schools for the 2009-2010 school year
  • We seek four-year commitments from our donors, with one time gifts spread over four years
  • Natural attrition allows us to carry every child through the eighth grade graduation
  • 90% of BASIC Fund eight graders graduate high school, compared to a comparable public high school graduation rate of less than 50%
  • Parents choose the school their child goes to, not the BASIC Fund
  • We accept all siblings in the program, keeping families together
  • Most BASIC Fund Scholarships go to students attending private school for the first time
  • The maximum scholarship is $1,600 per year
  • All non-scholarship expenses are covered by directors' contributions
  • Donations are matched through matching grants from Arthur Rock and Children's Scholarship Fund in New York
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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.