Skip to content
Governance Register
US nonprofit · EIN 943290699 · Oakland, CAiSource and licenceOrganisation record IRS Exempt Organizations Business Master File (EIN 943290699) - NTEE activity code, address.Board and officers IRS Form 990 annual filings, Part VII (directors, trustees, officers, key employees), read year by year to observe time served.Latest return IRS Form 990 series e-file data - 990 for the year to 30 June 2025: assets, liabilities, staff, website, telephone, pay, related organisations (Schedule R).Renewal outlook Computed by Governance Register from the observed filing history and filed revenue. Not a statement that the organisation is recruiting.Deductibility IRS Publication 78 data (code PC), downloaded 18 October 2026.Licence US Federal Government public domain.How we handle data

Basic Fund's network

28 people14 organisationsi28 people and 14 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (28). Violet dotted lines (15) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.

The board

28 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 28 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.
NameRole as filedSinceOn the board
James H Herbert II Chair (also filed as James H Herbert, James Herbert II)Chairman2018
8 yrs
Brian GriggsPresident2018
8 yrs
Crystal BryantDirector2018
8 yrs
Edward Jamieson (also filed as Ed Jamieson)Director2018
8 yrs
Edward McDermottDirector2018
8 yrs
Eric A SchwartzDirector2018
8 yrs
J William Morris IIIDirector2018
8 yrs
James P Conn (also filed as James Conn)Director2018
8 yrs
Janisha SabnaniDirector2022
4 yrs
Jeffrey G Edwards (also filed as Jeffrey Edwards)Director2018
8 yrs
Jeremy PetersTreasurer2018
8 yrs
John CouchVice President2018
8 yrs
John E Kerrigan JR (also filed as John Kerrigan, John Kerrigan JR)Director2018
8 yrs
Kenneth T Derr (also filed as Kenneth Derr)Director2018
8 yrs
Martin RomoDirector2018
8 yrs
Michael McCarthyDirector2019
7 yrs
Michael W Wilsey (also filed as Michael Wilsey)Director2018
8 yrs
Richard C Barker (also filed as Richard Barker)Director2018
8 yrs
Richard ChowDirector2019
7 yrs
Richard J Bertero (also filed as Richard Bertero)Director2018
8 yrs
Robert G Barrett (also filed as Robert Barrett)Director2018
8 yrs
Rupert Johnson JRDirector2018
8 yrs
Stephen L Millham (also filed as Stephen Millham)Director2018
8 yrs
Steven S KleinVice President2018
8 yrs
Theodore KruttschnittDirector2019
7 yrs
Timothy Ranzetta (also filed as TIM Ranzetta)Director2018
8 yrs
Warren E NED Spieker JR (also filed as Warren E Spieker JR)Director2018
8 yrs
William T Ring (also filed as William Ring)Director2018
8 yrs
Under 5 years5 to 6 years6 years or moreShow all 28 →

Officers and senior leadership

3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.
NameTitle as filedOn the filings
Christine WeissChief Adv. Officersince 2021
Michelle HarrisDevelopment Directorsince 2018
Rachel ElginsmithExecutuve Directorsince 2018

Pay and hours

year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.
NameTitle as filedHours a weekPay from the organisationRelated organisationsOther
Laura ReedChief Advancement Officer50$206k
Rachel ElginsmithChief Executive Officer50$200k
James H Herbert IIChairman1$0
Brian GriggsPresident1$0
John CouchVice President1$0
Jeremy PetersTreasurer1$0
Janisha SabnaniDeputy General Counsel1$0
Laurel BrowmanDirector1$0
Crystal BryantDirector1$0
Jono GraysonDirector1$0
Jurgen HuckDirector1$0
Rupert H Johnson JrDirector1$0
John C Kern JrDirector1$0
John E Kerrigan JrDirector1$0
Ted KruttschnittDirector1$0
Ronnie LottDirector1$0
Michael McCarthyDirector1$0
Tim RanzettaDirector1$0
William T RingDirector1$0
Martin RomoDirector1$0
Eric A SchwartzDirector1$0
Warren E Spieker JrDirector1$0

About

Legal name
Basic Fund
EIN
943290699
Address
475 14th St Ste 290, Oakland, CA, 94612-1936
State
California
Mission
The basic fund is a privately funded program whose mission is to advance educational equity for low-income families by helping offset the cost of tuition at private schools in the bay area. (as filed on the Form 990)
Activity (NTEE)
B820 Education
IRS classification
501(c)03 (tax-exempt under section 501(c)(3) where shown)
Classified purpose
Education
Size band
8 (IRS master file code)
Formed
1997
Principal officer
Rachel Elginsmith (as named on the Form 990)
IRS ruling date
1 February 1998
Status
Code 01 (unconditional exemption)
Form 990 filings on record
6, latest 2023
IRS Publication 78
PC (contributions deductible)

Most connected

Related organisations (Schedule R)

Longest observed on the filings

≥8years on the filingsJames H Herbert II
≥8years on the filingsBrian Griggs
≥8years on the filingsCrystal Bryant
≥8years on the filingsEdward Jamieson

Latest return

year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.
Total assets
$24.2m
Total liabilities
$306k
Net assets or fund balances
$23.9m
Contributions and grants received
$11.7m
Program service revenue
$0
Grants and similar paid out
$7.8m
Employees
13
Volunteers
23