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Bisco Charitable Foundation is a private corporation based in SCHAUMBURG, IL. The foundation received its IRS ruling in 1999. The principal officer is Minsook Suh. It holds total assets of $11.9M. Annual income is reported at $11.4M. Total assets have grown from $3.2M in 2011 to $11.9M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Illinois. According to available records, Bisco Charitable Foundation has made 51 grants totaling $1.1M, with a median grant of $5K. The foundation has distributed between $552K and $595K annually from 2022 to 2023. Individual grants have ranged from $1K to $200K, with an average award of $22K. The foundation has supported 31 unique organizations. The foundation primarily supports organizations in Illinois, California, Minnesota, which account for 76% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$5K
Average Grant
$17K
Largest Grant
$250K
Based on 24 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.
Bisco Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in IL, CA, MN.
Bisco Charitable Foundation has distributed a total of $1.1M across 51 grants. The median grant size is $5K, with an average of $22K. Individual grants have ranged from $1K to $200K.
Organizations must be religious, charitable, scientific, literary or educational as defined under irc sections 501(c)(3) and 170(c)(2).
Bisco Charitable Foundation is headquartered in SCHAUMBURG, IL. While based in IL, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Minsook Suh | DIRECTOR | $0 | $0 | N/A |
| Julienne Suh | DIRECTOR | $0 | $0 | N/A |
| Colleen Suh | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11.9M
Fair Market Value
N/A
Net Worth
$11.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
51
Total Giving
$1.1M
Average Grant
$22K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Korean Cultural Center Of ChicagoGENERAL FUND | Wheeling, IL | $150K | 2023 |
| Ucla FoundationGENERAL FUND | Los Angeles, CA | $100K | 2023 |
| Mayo ClinicGENERAL FUND | Rochester, MN | $100K | 2023 |
| Korean-American Association Of ChicagoGENERAL FUND | Glenview, IL | $50K | 2023 |
| Rotary Club Of Chicagoland Korean-Northbrook Charitable FoundationGENERAL FUND | Rolling Meadows, IL | $20K | 2023 |
| First Korean United Methodist ChurchGENERAL FUND | Wheeling, IL | $20K | 2023 |
| Comprehensive Korean Self Help Community CenterGENERAL FUND | Chicago, IL | $12K | 2023 |
| Garrett Evangelical Theological SocietyGENERAL FUND | Evanston, IL | $10K | 2023 |
| American Red CrossGENERAL FUND | Washington, DC | $10K | 2023 |
| Sejong Cultural SocietyGENERAL FUND | Glenview, IL | $10K | 2023 |
| United Methodist Committee On ReliefGENERAL FUND | New York, NY | $10K | 2023 |
| Da-Il Community Of UsaGENERAL FUND | Duluth, GA | $10K | 2023 |
| Lyric Opera Of ChicagoGENERAL FUND | Chicago, IL | $8K | 2023 |
| Chicago Symphony OrchestraGENERAL FUND | Chicago, IL | $5K | 2023 |
| Korean Performing Art Institute Of ChicagoGENERAL FUND | Wheeling, IL | $5K | 2023 |
| Korean-American Women Association Of ChicagoGENERAL FUND | Wheeling, IL | $5K | 2023 |
| Hanul Family AllianceGENERAL FUND | Chicago, IL | $5K | 2023 |
| Eugene Bell FoundationGENERAL FUND | Andrews, SC | $5K | 2023 |
| Art Institute Of ChicagoGENERAL FUND | Chicago, IL | $5K | 2023 |
| Global Children Foundation IncGENERAL FUND | Potomac, MD | $3K | 2023 |
| Ravinia FestivalGENERAL FUND | Highland Park, IL | $2K | 2023 |
| Korean Nurses Association ChicagoGENERAL FUND | Evanston, IL | $2K | 2023 |
| Ksea Midwest ChapterGENERAL FUND | Vienna, VA | $2K | 2023 |
| WfmtGENERAL FUND | Chicago, IL | $1K | 2023 |
| Harper College Educational FoundationGENERAL FUND | Palatine, IL | $1K | 2023 |
| North Suburban YmcaGENERAL FUND | Northbrook, IL | $1K | 2023 |
| Naperville Korean United Methodist ChurchGENERAL FUND | Naperville, IL | $20K | 2022 |
| UnicefGENERAL FUND | New York, NY | $10K | 2022 |
| The Salvation ArmyGENERAL FUND | Roselle, IL | $5K | 2022 |
| Ksea Scholarship FundGENERAL FUND | Vienna, VA | $5K | 2022 |
| Mercy Home For Boys & GirlsGENERAL FUND | Chicago, IL | $2K | 2022 |