A member of the board of trustees of Rönesans Education Foundation REV, which was founded in 2009, Erman Ilıcak ranked 3rd in the "Generous Businesspeople" list of Capital magazine in 2019 with the donations he made. To date, more than thousands of non-repayable scholarships were granted to students through the REV Scholarship Program, which focuses on education and youth. TED Rönesans Koleji was founded by Rönesans Holding and Rönesans Education Foundation REV in cooperation with Turkish Education Association (TED) in 2014.