Funder DirectoryBIC EDUCATIONAL FOUNDATION INC
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Private foundation (trust)EIN 521115933Est. 1978-11

BIC EDUCATIONAL FOUNDATION INC

ELKRIDGE, MD 21075

Total Assets

$13.6M

FY 2024

Annual Giving

$643K

FY 2024

Grants Made

14

FY 2024

Avg Grant

$46K

FY 2024

Grant Range

$300–$203K

Typical

Deadlines

Applications

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$700K

Total Expenses

$883K

Qualifying Distributions

$643K

Distributable Amount

$646K

Min. Investment Return

$653K

Undistributed Income

$615K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

14 grants

Grant sizes from minimum $300 through median $26K to maximum $203K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2021 to 2024. Peak $643K in 2024. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

48 grants

FRIENDS OF GREAT KIDS FARM
$393K
4 grants
MORGAN STATE UNIVERSITY
$393K
3 grants
U EMPOWER OF MARYLAND
$235K
4 grants
HOWARD COMMUNITY COLLEGE
$196K
4 grants
MERGENTHALER VO-TECH HIGH SCHOOL
$141K
3 grants
STRATFORD UNIVERSITY
$113K
2 grants
FOREST PARK SENIOR HIGH SCHOOL
$86K
3 grants
FRANCISCAN CENTER
$77K
2 grants

Grant Size Distribution

48 grants

<$10K
15
grants
$10–50K
21
grants
$50–250K
12
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Maryland
$1.9M
97% of total
New York
$38K
2% of total
District of Columbia
$15K
1% of total

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BIC EDUCATIONAL FOUNDATION INC — Grants, Financials & Contact | Grantivo