Bic Educational Foundation Inc

ELKRIDGE, MD EIN: 52-1115933

Bic Educational Foundation Inc is a private foundation focused on Education, based in ELKRIDGE, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $10.2M in total assets. In 2025, it awarded 14 grants totaling $643K. Net investment income was $532K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$10.2M

-2.2% YoY

Annual Giving

$643K

+5.3% YoY

Grant Count

-6.7% YoY

Avg Grant Size

$46K

+12.8% YoY

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.

About Bic Educational Foundation Inc

Based on IRS filings

Focus Areas

Education

Ready to take the next step with Bic Educational Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $1.9M (97%)

New York $38K (2%)

District of Columbia $15K (1%)

States

District of Columbia Maryland New York

Cities

ArnoldBaltimoreCatonsvilleColumbiaHyde ParkSeverna ParkWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$10,151,786	$10,384,057	$11,081,673
Revenue	$699,679	$177,919	$429,926
Expenses	$882,787	$833,848	$797,501
Qualifying Distributions	$642,511	$610,447	$548,803
Net Investment Income	$532,427	$144,579	$270,572
Distributable Amount	$645,571	$624,933	$610,463

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Grant Size Distribution

48 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Morgan State University ($202,941), U Empower of Maryland ($100,000), Howard Community College ($68,781).

Recipient	Purpose	Amount
VISIT BALTIMORE EDUCATION & TRAINING FOUNDATION 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.	$5,000
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
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
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
NATIONAL ACADEMY FOUNDATION 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.	$300
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
MERGENTHALER VO-TECH HIGH SCHOOL 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.	$55,175
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
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
HAROLD GRAUL	CHAIRMAN	1	—
STUART AMOS	TRUSTEE	1	—
PAUL SAVAL	TRUSTEE	1	—
RICHARD ROE	TRUSTEE	1	—
ELLEN SAVAL	EXECUTIVE DIRECTOR	2	$62,500

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Bic Educational Foundation Inc?

Bic Educational Foundation Inc is a private foundation focused on Education, based in ELKRIDGE, MD. It holds $10.2M in total assets as of 2025.

How large is Bic Educational Foundation Inc?

As of 2025, Bic Educational Foundation Inc holds $10.2M in total assets with $700K in annual revenue. It awarded 14 grants totaling $643K in 2025.

Where does Bic Educational Foundation Inc operate?

Bic Educational Foundation Inc has awarded grants in District of Columbia, Maryland, New York.

What size grants does Bic Educational Foundation Inc award?

In 2025, Bic Educational Foundation Inc awarded 14 grants totaling $643K — an average of about $46K per grant, based on its IRS Form 990 filings.

How much is Bic Educational Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Bic Educational Foundation Inc reported a distributable amount of $646K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.