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Bic Educational Foundation is a private corporation based in ELKRIDGE, MD. The foundation received its IRS ruling in 1978. It holds total assets of $10.2M. Annual income is reported at $1.8M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2022 to 2024. Grantmaking is concentrated in Maryland. According to available records, Bic Educational Foundation has made 38 grants totaling $1.4M, with a median grant of $21K. Annual giving has grown from $295K in 2022 to $1.1M in 2023. Individual grants have ranged from $757 to $198K, with an average award of $37K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Maryland and District of Columbia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$21K
Average Grant
$29K
Largest Grant
$90K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bic Educational Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 38 grants. Its grantmaking reaches organizations primarily in MD, DC.
Bic Educational Foundation has distributed a total of $1.4M across 38 grants. The median grant size is $21K, with an average of $37K. Individual grants have ranged from $757 to $198K.
Bic Educational Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bic Educational Foundation is headquartered in ELKRIDGE, MD. While based in MD, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ellen Saval | EXECUTIVE DIRECTOR | $55K | $0 | $55K |
| Paul Saval | TRUSTEE | $0 | $0 | N/A |
| Richard Roe | TRUSTEE | $0 | $0 | N/A |
| Stuart Amos | TRUSTEE | $0 | $0 | N/A |
| Harold Graul | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$834K
Total Assets
$10.4M
Fair Market Value
$13.4M
Net Worth
$10.1M
Grants Paid
$610K
Contributions
N/A
Net Investment Income
$145K
Distribution Amount
$625K
Total: N/A
Total Grants
38
Total Giving
$1.4M
Average Grant
$37K
Median Grant
$21K
Unique Recipients
14
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Friends Of Great Kids FarmTO SUPPORT BALTIMORE CITY PUBLIC SCHOOLS' FARM TO SCHOOL PROGRAM TO PROMOTE EXPERIENTIAL EDUCATION THAT CONNECTS STUDENTS TO NATURE AND FOOD SYSTEMS. | Catonsville, MD | $198K | 2023 |
| Howard Community CollegeTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Columbia, MD | $93K | 2023 |
| Mergenthaler Vo-Tech High SchoolTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $50K | 2023 |
| Anne Arundel Community CollegeTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Arnold, MD | $44K | 2023 |
| Morgan State UniversityTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $43K | 2023 |
| U Empower Of MarylandTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $25K | 2023 |
| Stratford UniversityTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $24K | 2023 |
| Forest Park Senior High SchoolTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $21K | 2023 |
| Restaurant Association Of Maryland Education FoundationTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Columbia, MD | $13K | 2023 |
| National Academy FoundationTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $11K | 2023 |
| Edmondson Westside High SchoolTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $10K | 2023 |
| Tastewise Kids IncTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $10K | 2023 |
| University Of PotomacTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Washington, DC | $7K | 2023 |
| Emr RosedaleTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY. | Baltimore, MD | $757 | 2023 |