BIC Educational Foundation Inc
BIC Educational Foundation Inc is a private foundation based in Elkridge, Maryland. Established in 2015 in honor of Baltimore International College, a culinary and hospitality management school that operated from 1972 to 2012, the foundation supports scholarships for students studying culinary arts and hospitality.
BIC Educational Foundation Inc at a glance
In short: BIC Educational Foundation Inc gave $643K across 14 grants in 2025 (avg $46K), mostly in Maryland. 8% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $642,511
- +5.3% vs 2024
- Grants made (2025)
- 14
- -6.7% vs 2024
- Average grant
- $45,894
- +12.8% vs 2024
- Median grant
- $26,390
- Total assets
- $10,151,786
- -2.2% vs 2024
- New grantees (estimate)
- 8% first-time grantees (1 of 12, 2025; small sample)
- Primary geography
- Maryland (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to BIC Educational Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. For scholarship details, its website directs interested students to contact their financial aid administrator.
- Contact
Mailing address: 6655 Santa Barbara Road 8096, Elkridge, MD 21075
Phone: (410) 340-8039
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who BIC Educational Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Morgan State University ($203K). Together the top 10 received $534K.
Organizations only. It also paid 3 individual scholarships ($107,954), which are not listed by name.
Grant Size Distribution
48 grants across all recorded years
The most common grant size was under $50K: 35 grants of 48 (73%).
Geographic Focus
Where this funder awards grants
The foundation says it supports culinary education and programs in and around Baltimore City. In 2025, 98% of its grant dollars went to recipients in Maryland and 2% to recipients in New York.
Grant Distribution by State
Share of 2025 grant dollars across all 14 itemized grants.
Cities
Is BIC Educational Foundation Inc open to new grantees?
8%
first-time grantees, 2025
In 2025, 1 of 12 grantees (8%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $50K; repeat grants $54K. How we count
Medians: $50K first-time, $15K repeat.
- 92% of 2025 grantees were also funded in 2024. Method
- Giving grew 336% from 2022 to 2025. Method
- In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $147K (2022) to $643K (2025). In 2025 it made 14 grants totaling $643K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgan State University Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $202,941 |
| U Empower of Maryland Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $100,000 |
| Howard Community College Columbia, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $68,781 |
| Friends of Great Kids Farm Catonsville, MD | To support baltimore city public schools' farm to school program to promote experiential education that connects students to nature and food systems. | $65,000 |
| 3 individual scholarships Recipients not named | — | $107,954 |
| Maryland Food Bank Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $50,000 |
| Tastewise Kids Inc Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $15,000 |
| The Culinary Institute of America Hyde Park, NY | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $10,000 |
| Carver Center for Arts and Technology Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $9,790 |
| Franciscan Center Baltimore, MD | To provide scholarships to students pursuing careers in the hospitality and culinary arts industry and to foster the development of careers in this industry. | $7,745 |
Ready to take the next step with BIC Educational Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $10,151,786 | $699,679 | $882,787 | $642,511 | 14 | $642,511 | $532,427 | $645,571 |
| 2024 | $10,384,057 | $177,919 | $833,848 | $610,447 | 15 | $610,447 | $144,579 | $624,933 |
| 2023 | $11,081,673 | $429,926 | $797,501 | $548,803 | 14 | $548,803 | $270,572 | $610,463 |
| 2022 | $11,448,782 | $766,759 | $362,180 | $147,486 | 5 | $147,486 | $625,089 | $682,844 |
| 2021 | $14,525,331 | $179,367 | $481,081 | — | — | — | $179,367 | — |
Under IRS private-foundation payout rules, BIC Educational Foundation Inc reported a distributable amount of $646K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated focus is culinary education and programs in and around Baltimore City. Its website describes scholarships for students studying culinary arts and hospitality, with selection criteria that include academic excellence, strong character references, essays demonstrating commitment to the field and persistence through challenges, and financial need; it states that FAFSA submission is required.
Its 2025 grants included support for scholarships for students pursuing hospitality and culinary arts careers, as well as a grant to Friends of Great Kids Farm for Baltimore City Public Schools’ farm-to-school program, promoting experiential education connecting students to nature and food systems. The Franciscan Center, a 2025 grantee, describes itself as an emergency outreach agency serving poor and homeless people in Baltimore.
Grantmaking
In 2025, the foundation reported 14 grants totaling $642,511. Grant amounts ranged from $300 to $202,941, with a median grant of $26,390.
The largest reported grants included $202,941 to Morgan State University, $100,000 to U Empower of Maryland, $68,781 to Howard Community College, $65,000 to Friends of Great Kids Farm, and $55,175 to an individual recipient High School. The stated purpose for the first, second, third, and fifth grants was to provide scholarships for students pursuing hospitality and culinary arts careers and foster development of careers in the industry. The Friends of Great Kids Farm grant supported the Baltimore City Public Schools farm-to-school program.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Harold Graul as chairman; Stuart Amos, Paul Saval, and Richard Roe as trustees; and Ellen Saval as executive director. The foundation’s website identifies Harold Graul, Jr. as chair and lists Paul L. Saval, Richard Roe, and Phil Tulkoff on its board of directors.
BIC Educational Foundation Inc is led by Ellen Saval, Executive Director on every filing since 2022; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Ellen Saval
Executive Director
On filings since 2022
2 hrs/week
$55K (2022) → $63K (2025)
Harold Graul
Chairman
On filings since 2021
1 hr/week
No compensation reported
Paul Saval
Trustee
On filings since 2021
1 hr/week
No compensation reported
Richard Roe
Trustee
On filings since 2021
1 hr/week
No compensation reported
Stuart Amos
Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $63K, to Ellen Saval (Executive Director).
Frequently asked questions about BIC Educational Foundation Inc
How much does BIC Educational Foundation Inc give each year?
BIC Educational Foundation Inc gave $643K across 14 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $610K across 15 grants.
What is BIC Educational Foundation Inc's typical grant size?
BIC Educational Foundation Inc's median grant in 2025 was $26,390, and its average grant was $45,894, across 14 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from BIC Educational Foundation Inc that year got $50K on average.
Where does BIC Educational Foundation Inc give grants?
BIC Educational Foundation Inc gives mostly in Maryland: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Baltimore, MD (8 grants).
Does BIC Educational Foundation Inc give general operating support?
Not in 2025: none of the 14 grants with a stated purpose on BIC Educational Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are BIC Educational Foundation Inc's largest grantees?
BIC Educational Foundation Inc's largest 2025 grantees include Morgan State University ($202,941), U Empower of Maryland ($100,000) and Howard Community College ($68,781), according to its 2025 IRS Form 990-PF. It also paid 3 individual scholarships ($107,954), which are not listed by name. Together they received 58% of its itemized 2025 grant dollars.
How large is BIC Educational Foundation Inc?
BIC Educational Foundation Inc reported $10.2M in total assets on its 2025 IRS Form 990-PF. It paid out $643K in qualifying distributions that year, against a required minimum of $646K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does BIC Educational Foundation Inc fund?
The foundation’s stated focus is culinary education and programs in and around Baltimore City. See mission & focus areas ↑
How do I apply for a grant from BIC Educational Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is BIC Educational Foundation Inc's EIN?
BIC Educational Foundation Inc's EIN (Employer Identification Number) is 52-1115933. IRS Form 990 filing data is available on this page for 2021–2025.
Does BIC Educational Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Live grants for the work BIC Educational Foundation Inc funds
Education Open opportunities, soonest deadline first.
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Cite this profile
Grantable. (2026). BIC Educational Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/bic-educational-foundation-inc-morg_2206e642a4854cbbabeb8befac2f76e0
BibTeX
@misc{grantable_521115933_2026,
author = {{Grantable}},
title = {{BIC Educational Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bic-educational-foundation-inc-morg_2206e642a4854cbbabeb8befac2f76e0},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from BIC Educational Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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