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Filing year 2024

BIC EDUCATIONAL FOUNDATION INC

Elkridge, Maryland·EIN 52-1115933·NTEE B82 · Education·501(c)(3)
Total revenue
$700k
Total assets
$10.2M
Total expenses
$883k
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Maryland.

Executive Director
25th percentile to median
$63k
$67k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BIC EDUCATIONAL FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
7%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,319 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$643k

Itemized grants

14

Median grant

$26k

RecipientLocationPurposeAmount
MORGAN STATE UNIVERSITYBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$203k
U EMPOWER OF MARYLANDBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$100k
HOWARD COMMUNITY COLLEGECOLUMBIA, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$69k
FRIENDS OF GREAT KIDS FARMCATONSVILLE, MDTO SUPPORT BALTIMORE CITY PUBLIC SCHOOLS' FARM TO SCHOOL PROGRAM TO PROMOTE EXPERIENTIAL EDUCATION THAT CONNECTS STUDENTS TO NATURE AND FOOD SYSTEMS.$65k
MERGENTHALER VO-TECH HIGH SCHOOLBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$55k
MARYLAND FOOD BANKBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$50k
FOREST PARK SENIOR HIGH SCHOOLBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$36k
EDMONDSON WESTSIDE HIGH SCHOOLBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$17k
TASTEWISE KIDS INCBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$15k
THE CULINARY INSTITUTE OF AMERICAHYDE PARK, NYTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$10k
CARVER CENTER FOR ARTS AND TECHNOLOGYBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$10k
FRANCISCAN CENTERBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$8k
VISIT BALTIMORE EDUCATION & TRAINING FOUNDATIONBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$5k
NATIONAL ACADEMY FOUNDATIONBALTIMORE, MDTO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING CAREERS IN THE HOSPITALITY AND CULINARY ARTS INDUSTRY AND TO FOSTER THE DEVELOPMENT OF CAREERS IN THIS INDUSTRY.$300

Up 14%
from 2023

From $55k in 2023 to $63k in 2024.

$55k
2023
$63k
2024
In today's dollarsEst.
Up 10% in real terms$60k to $67k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 293%.

$55k in 2023 to $63k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

See full Executive Director compensation rankings across Education
FAQ

Common questions about BIC EDUCATIONAL FOUNDATION INC

What does the Chief Executive Officer of BIC EDUCATIONAL FOUNDATION INC earn?

In 2024, the Chief Executive Officer of BIC EDUCATIONAL FOUNDATION INC received $62,500 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Maryland, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BIC EDUCATIONAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2024 pay of the Chief Executive Officer at BIC EDUCATIONAL FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at BIC EDUCATIONAL FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 7%.

What are BIC EDUCATIONAL FOUNDATION INC's revenue and expenses?

In 2024, BIC EDUCATIONAL FOUNDATION INC reported $700k in total revenue and $883k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.