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
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
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| 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
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.
Explore Open Grants
Browse active grant opportunities in Bic Educational Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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