A group of committed, enthusiastic parents of children in Basalt schools initiated the very first Taste of Basalt fundraiser in 1996. By 2004 the grassroots group applied for 501(c)(3) non-profit status and became known as Basalt Kids. In 2011, the group renamed itself Basalt Education Foundation to better represent its mission of raising funds to enhance education in the Basalt public schools.
BEF further evolved into its current 16-member board format in late 2013.
BEF is a 501(c)(3) non-profit organization, Tax ID #20-1638963.