Bisco Charitable Foundation
Accepts applications
Bisco Charitable Foundation is a private foundation in Schaumburg, Illinois. In tax year 2024 it gave $658,000 in 27 grants; the typical grant was $10,000 and the largest $250,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$658,000
- Number of grants27
- Typical grant$10,000
- Largest grant$250,000
- Assets$14.2 million
- New grantees30%
Giving in 2024 was up from $551,500 the year before.
30% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $551,500 | 26 | $12.3 million |
| 2024 | $658,000 | 27 | $14.2 million |
How to apply
| Contact | Minsook Suh 1100 West Irving Park Road, Schaumburg, IL 60193 |
|---|---|
| Phone or email | (847) 534-6046 |
| What to submit | There are no standard application forms. A letter requesting a contribution is sufficient. |
| Restrictions | Organizations must be religious, charitable, scientific, literary or educational as defined under irc sections 501(c)(3) and 170(c)(2). |
What Bisco Charitable Foundation funds
Where it gives
Its US grants went to recipients in 6 states, the most to Illinois. It also paid $250,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| Illinois | 19 | $334,000 |
| New York | 2 | $30,000 |
| Georgia | 1 | $20,000 |
| District of Columbia | 2 | $12,000 |
| Minnesota | 1 | $10,000 |
| Virginia | 1 | $2,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Tsurumi University School of Denistry | General fund | $250,000 |
| Korean Cultural Center of Chicago | General fund | $200,000 |
| Korean-American Association of Chicago | General fund | $25,000 |
| Da-Il Community of USA | General fund | $20,000 |
| First Korean United Methodist Church | General fund | $20,000 |
| Severance Alumni Association | General fund | $20,000 |
| Comprehensive Korean Self Help Community Center | General fund | $12,000 |
| American Red Cross | General fund | $10,000 |
| Chicago Symphony Orchestra | General fund | $10,000 |
| Lyric Opera of Chicago | General fund | $10,000 |
| Mayo Clinic | General fund | $10,000 |
| Rotary Club of Chicagoland Korean-Northbrook Charitable Foundation | General fund | $10,000 |
| Sejong Cultural Society | General fund | $10,000 |
| United Methodist Committee on Relief | General fund | $10,000 |
| Art Institute of Chicago | General fund | $6,000 |
| Korean Performing Art Institute of Chicago | General fund | $5,000 |
| Salvation Army | General fund | $5,000 |
| Center of Concern | General fund | $5,000 |
| Korean Nurses Association Chicago | General fund | $3,000 |
| WFMT | General fund | $3,000 |
| Harper College Educational Foundation | General fund | $2,000 |
| Ksea Midwest Chapter | General fund | $2,000 |
| Ravinia Festival | General fund | $2,000 |
| Teen Challenge Chicago | General fund | $2,000 |
| AARP | General fund | $2,000 |
| Northern Illinois Food Bank | General fund | $2,000 |
| Greater Chicago Food Depository | General fund | $2,000 |
Officers and trustees
- Minsook Suh
- Julienne Suh
- Colleen Suh
Questions people ask
Does Bisco Charitable Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does Bisco Charitable Foundation give?
$658,000 in tax year 2024, across 27 grants, with a typical grant of $10,000.
Who runs Bisco Charitable Foundation?
Its 2024 filing lists Minsook Suh (Director), Julienne Suh (Director) and Colleen Suh (Director).
What does Bisco Charitable Foundation fund?
Based on its grants, mainly education, arts and culture and faith communities.