Private Foundation

BIC EDUCATIONAL FOUNDATION INC

BIC EDUCATIONAL FOUNDATION INC, of ELKRIDGE, MD, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2025 filing shows $700K in revenue, $883K in expenses, $10.2M in total assets. IRS filings disclose 48 grants awarded by this foundation, totaling roughly $1.9M.

EIN: 521115933 ELKRIDGE, MD Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2025
Total Revenue$700K
Total Expenses$883K
Total Assets$10.2M
Grants Given48
Grant Total$1.9M
Filing Years2021–2025

Where $100 goes at Bic Educational Foundation Inc

How Bic Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Provided scholarships for students
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Bic Educational Foundation Inc

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Sometimes funds new orgs 17% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

MORGAN STATE UNIVERSITY
BALTIMORE, MD · 2024
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
U EMPOWER OF MARYLAND
BALTIMORE, MD · 2024
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
HOWARD COMMUNITY COLLEGE
COLUMBIA, MD · 2024
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 · 2024
TO SUPPORT BALTIMORE CITY PUBLIC SCHOOLS' FARM TO SCHOOL PROGRAM TO PROMOTE EXPERIENTIAL EDUCATION THAT CONNECTS STUDENTS TO NATURE AND FOOD SYSTEMS.
$65,000
MERGENTHALER VO-TECH HIGH SCHOOL
BALTIMORE, MD · 2024
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

Showing up to 5 of 48 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIRECTOR Ellen Saval
CHAIRMAN Harold Graul
TRUSTEE Paul Saval
TRUSTEE Richard Roe
TRUSTEE Stuart Amos

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,939,247 47 grants
Youth Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $700K $883K $10.2M
2024 $178K $834K $10.4M
2023 $430K $798K $11.1M
2022 $767K $362K $11.4M
2021 $179K $481K $14.5M

Between 2021 and 2025, reported annual revenue grew from $179K to $700K (+290%), with total assets most recently reported at $10.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, MD, NY.

DCMDNY

Full geographic grant map with state-by-state breakdown available with membership.

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