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FEDERATION OF CYPRIOT AMERICAN ORGANIZATIONS INC
ASTORIA, NY · EIN 471396308 · Form 990 · FY2024 · NTEE A23 · Arts, Culture & Humanities · Small ($100K-$1M)
revenue
$294K
expenses
$275K
net assets
$675K
employees
0
program ratio
76%
mission · from form 990

The Organization supports philanthropic and charitable initiatives, awards scholarships, and funds community, cultural, religious, and educational programs within the United States and Cyprus.

profile · synthesized from sources

FEDERATION OF CYPRIOT AMERICAN ORGANIZATIONS INC supports cultural, educational, and philanthropic initiatives for Cypriot American communities in the United States and Cyprus. The organization funds scholarships for college students based on need and merit, sponsors cultural events and galas to promote its mission, and provides cash donations to nonprofit organizations and charitable causes. It operates as a grantmaking and program-focused entity rooted in arts, culture, and community development.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $63K
    To promote the organization's mission with a Gala.
  2. #2 $23K
    To award scholarships for educational purposes to individuals attending accredited colleges and universities within the United States, based on need and merit.
named programs · 4 · from sources

What they call their work

Cultural Programs
Organizes cultural events and initiatives to preserve and promote Cypriot heritage and identity in the U.S. and Cyprus
Gala Events
Hosts annual galas to promote the organization’s mission, raise funds, and strengthen community engagement among Cypriot Americans
Philanthropic Grants
Provides cash donations to nonprofit organizations and charitable causes supporting Cypriot American and broader community interests
Scholarship Program
Provides educational scholarships to students of Cypriot descent attending accredited colleges and universities in the United States, based on financial need and academic merit
activities · 4 groups

What they do

  • Local High School Scholarship Programs 1 activity
    • Awarding educational scholarships to students
      Provides need- and merit-based scholarships to students attending accredited U.S. colleges and universities, with a focus on increasing access to education for those who might otherwise lack it.
  • General Operating Support Grants 1 activity
    • Funding philanthropic events and nonprofit organizations
      Provides cash donations to support philanthropic events and nonprofit organizations as part of its grantmaking activities.
  • Benefit Events for Arts and Culture 1 activity
    • Hosting gala events to promote mission
      Organizes gala events as a means to promote its mission and engage supporters. These events serve as platforms for outreach and awareness.
  • Italian Cultural Heritage Programming 1 activity
    • Organizing cultural programs to promote mission
      Conducts cultural programs aimed at advancing its mission, likely centered on preserving and promoting Cypriot heritage and community engagement.
financials · form 990 · fy2024
revenue
Total revenue$294K
Contributions & grants$264K90%
Program service revenue$00%
Investment income$30K10%
Other revenue$0
expenses
Total expenses$275K
Program expenses76%
Admin / overhead24%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineOther
balance sheet
Total assets$682K
Cash$663K
Investments$0
Liabilities$7K
Net assets$675K
Liquid reserves28.9 mo
5 years on record · 2020–2024 · YoY revenue +13.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 8
  • ANDREAS CHRISTOU — Vice President
  • ARIANNA CHRISTOU — Treasurer
  • DESPINA AXIOTAKIS — Vice President
  • KYRIACOS PAPASTYLIANOU — President
  • MARGARITA ERACLEOUS — Executive VP
  • STELIOS TSAPPAS — Vice President
  • TOULLA HADJIOANNOU — Secretary
  • YANNIS CHRISTODOULIDES — Vice President
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Grantmaking to Support Cultural and Educational Continuity
    methodology: grantmaking_and_scholarship_support
    By providing financial support to scholarships and community programs in the U.S. and Cyprus, the organization strengthens Hellenic cultural identity and access to education, because sustained funding enables institutions and individuals to preserve and promote cultural heritage and upward mobility.