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

14

-6.7% YoY

Avg Grant Size

$46K

+12.8% YoY

About Bic Educational Foundation Inc

Based on IRS filings

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.

Focus Areas

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ArnoldBaltimoreCatonsvilleColumbiaHyde ParkSeverna ParkWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$243K$486K$728K$971K20212022202320242025
Metric202520242023
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

$0$161K$321K$482K$643K0 grants20215 grants202214 grants202315 grants202414 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

MORGAN STATE UNIVERSITY$203KU EMPOWER OF MARYLAND$100KHOWARD COMMUNITY COLLEGE$69KFRIENDS OF GREAT KIDS FARM$65KMERGENTHALER VO-TECH HIG…$55KMARYLAND FOOD BANK$50KFOREST PARK SENIOR HIGH …$36KEDMONDSON WESTSIDE HIGH …$17KTASTEWISE KIDS INC$15KTHE CULINARY INSTITUTE O…$10K

Grant Size Distribution

48 grants across all recorded years

35<$50K7$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

ELLEN SAVALEXECUTIVE DIRECTOR$63K

From 2025 filing

NameTitleHoursCompensation
HAROLD GRAULCHAIRMAN1
STUART AMOSTRUSTEE1
PAUL SAVALTRUSTEE1
RICHARD ROETRUSTEE1
ELLEN SAVALEXECUTIVE DIRECTOR2$62,500

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Bic Educational Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities