Overview

From 1996 until today, the Stavros Niarchos Foundation has approved grant commitments of $1.3 billion / €1 billion, through 2,369 grants to nonprofit organizations in 109 nations around the world. 

The Foundation, concerned with the continuing socio-economic crisis in Greece, announced recently a grant initiative of $130 million (€100 million) over the next three years to help ease the adverse effects of the deepening crisis. Since January 2012 and as part of the initiative, the SNF has committed grants totaling $58 million (€45 million) in support of numerous not-for-profit organizations around the country. 

The Foundation’s largest single gift ($796 million / €566 million) is the Stavros Niarchos Foundation Cultural Center (SNFCC), in Athens. Construction works at the site have already begun. The Stavros Niarchos Foundation firmly believes that the project is of national importance, even more so under the current socio-economic conditions. It remains a testament and a commitment to the country’s future, at a critical historical juncture. It is also an engine of short- to mid-term economic stimulus, which is essential under the current circumstances.

The Foundation is audited by Deloitte.