Basic Fund Inc
Grantmaking foundation in Schleswig, Iowa · EIN 42-1188596
- Total giving
- $20KTax year 2025
- Total assets
- $770KLatest reported
- Latest IRS filing
- 2025Form 990 / 990-PF
Mission
AS A COMMUNITY ENDOWMENT FUND, WE PROVIDE FUNDING FOR CIVIC IMPROVEMENTS BY DISTRIBUTING OUR INCOME THROUGH GRANT REQUESTS. ALL OF OUR INCOME WAS ORGINALLY DONATIONS FROM THE PUBLIC, AND IT WAS INVESTED, AND THE INVESTMENT INCOME IS OFFERED TO FUND GRANTS TO COMMUNITY ORGANIZATIONS. THE AMOUNT OF EACH GRANT IS DETERMINED BY A CONSENSUS OF THE COMMUNITY.
Giving by year
Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.
Top recipients
| Recipient | Amount | Tax year |
|---|---|---|
| Service Accomplishment 1 | $7.3K | 2024 |
| Service Accomplishment 2 | $6.5K | 2024 |
| Service Accomplishment 3 | $5.8K | 2024 |
Amounts are rounded. The full grantee list is available with a free account.
Website: basicinc.org
See the full profile. All grants with amounts and years, board and officers, contact details, giving patterns and your organization's fit score are available with a free GrantAuthority account.
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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.