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KARDAMYLIAN FOUNDATION INC
NEW YORK, NY · EIN 061573073 · Form 990 · FY2024 · NTEE Q99 · International Affairs · Micro (<$100K)
revenue
$71K
expenses
$83K
net assets
$989K
employees
0
program ratio
83%
mission · from form 990

TO ESTABLISH, DEVELOP, FUND, AND SUPPORT EDUCATIONAL AND CHARITABLE ACTIVITIES FOR THE BENEFIT OF THE VILLAGE OF KARDAMYLA, LOCATED ON THE ISLAND OF CHIOS, GREECE. THE ACTIVITIES AND PROGRAMS OF THE FOUNDATION WILL INCLUDE PROVIDING SCHOLARSHIPS FOR KARDAMYLIAN STUDENTS, BUILDING AND RESTORING PUBLIC BUILDINGS AND/OR INFRASTRUCTURE, PUBLIC COLLECTIONS OF SOCIAL, HISTORICAL, AND CULTURAL SIGNIFICANCE, SUPPORTING AND PROMOTING THE PRESERVATION OF KARDAMYLIAN ART AND CULTURES, AND EDUCATING THE PUBLIC ABOUT KARDAMYLIAN HISTORY AND CULTURE.

profile · synthesized from sources

The Kardamylian Foundation Inc supports educational, cultural, and infrastructure initiatives in Kardamyli, a village on the island of Chios, Greece. The foundation funds scholarships, restoration of public buildings, preservation of local art and culture, and supports community institutions such as medical centers and elder care homes. It operates primarily by making grants to local entities serving the Kardamylian population.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $10K
    GRANT TO THE KARDAMYLA MEDICAL CENTER. THIS GRANT WAS USED TO PURCHASE AN ELECTRIC GENERATOR.
  2. #2 $6K
    GRANT TO ST. MARINA KARDAMYLA CARE HOME (NONPROFIT ORGANIZATION), A NURSING HOME FOR THE ELDERLY BASED IN KARDAMYLA. THE PURPOSE OF THIS DONATION IS TO ASSIST IN THE CASH FLOW PROBLEMS OF THE ORGANIZATION IN ORDER TO AVOID THE CLOSURE OF THE INSTITUTION AND TO PROVIDE THE BEST POSSIBLE SERVICES FOR THE ELDERLY KARDAMYLIANS WHO LIVE THERE.
named programs · 4 · from sources

What they call their work

Kardamyli Medical Center Support
Provided a grant to purchase an electric generator for the Kardamyli Medical Center
Police Station Restoration
Funded the restoration of the Kardamyli Police Station through a direct grant to the village
St. Marina Care Home Support
Provided emergency funding to prevent closure of a nursing home serving elderly Kardamylians
Youth Sports Hall Study
Financed an architectural study for a proposed indoor sports hall to serve Kardamylian youth
activities · 2 groups

What they do

  • Capital Infrastructure Funding 2 activities
    • Funding architectural study for youth indoor sports hall in Kardamyli
      Funds the Village of Kardamyli to conduct an architectural study for a potential indoor sports hall aimed at serving youth.
    • Funding restoration of Kardamyli Police Station
      Funds the Village of Kardamyli for the restoration of the Kardamyli Police Station to support public safety infrastructure.
  • Hospital and Medical Center Support 2 activities
    • Funding electric generator purchase for Kardamyli Medical Center
      Funds the Kardamyli Medical Center to purchase an electric generator to support medical services in Kardamyli.
    • Funding emergency support to prevent closure of St. Marina Kardamyli Care Home
      Funds St. Marina Kardamyli Care Home to address cash flow issues and prevent closure of the nursing home for elderly Kardamylians.
financials · form 990 · fy2024
revenue
Total revenue$71K
Contributions & grants$44K62%
Program service revenue$00%
Investment income$27K38%
Other revenue$0
expenses
Total expenses$83K
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$0
Grants paid out$68K
Largest expense lineCompensation
balance sheet
Total assets$989K
Cash$240K
Investments$749K
Liabilities$0
Net assets$989K
Liquid reserves143.8 mo
5 years on record · 2020–2024 · YoY revenue +119.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 12
  • APOSTOLOS BOULAS — ASST SECRETA
  • CPT MARKELLOS THEODORAKIS CPT MARKELLOS THEODORAKIS — TRUSTEE
  • DR MARINA FRANGOS DR MARINA FRANGOS — 2ND VP
  • IOAKEIM KALLIKIS IOAKEIM KALLIKIS — TRUSTEE
  • MICHAEL APOSTOLIS — TRUSTEE
  • NICK MARINAKIS NICK MARINAKIS — TRUSTEE
  • NIKOLAOS TSATIRIS NIKOLAOS TSATIRIS — 1ST VP
  • NTOMATA SIDERIS — TRUSTEE
  • SPYROS PAPADAKIS — GEN SECRETAR
  • STEFANOS ASPIOTIS STEFANOS ASPIOTIS — PRESIDENT
  • VLASIS ANASTASIOU — ASST TREASUR
  • VYRON VARONIS — TREASURER
relationships · 3

Who they work with

  • Kardamyli Medical Center Partner — Receives grants from the foundation to purchase medical infrastructure such as an electric generator.
  • St. Marina Kardamyli Care Home Partner — Receives financial support to maintain operations and provide care for elderly residents in Kardamyli.
  • Village of Kardamyli Partner — Receives grants for public infrastructure projects including police station restoration and architectural studies for youth facilities.