Stavros Niarchos Foundation

The Stavros Niarchos Foundation was established in 1996 to honor Greek shipping magnate Stavros Niarchos. The foundation's funds ultimately derive from fossil fuels, as Niarchos was one of the world's largest transporters of oil and petroleum[2], and owned the largest supertanker fleet of its time.

Stavros Niarchos Foundation
Founded1996 (1996)
FounderStavros Niarchos[1]
TypeCharitable
FocusArts and culture, education, health and medicine, and social welfare
Location
Area served
Global
MethodGrants, funding
Websitesnf.org

Organization

The foundation's board of directors includes:

The foundation has staff in Athens, Greece; Monte Carlo, Monaco; and New York City, New York, United States.

Since 1996, the Stavros Niarchos Foundation has provided more than 4,700 grants totaling more than $3 billion to non-profit agencies.[4]

SNF announced a $100 million global initiative to help alleviate the effects of the COVID-19 pandemic in April 2020.[5]

In 2012, in response to the socio-economic crisis in Greece, SNF announced a grant initiative of additional $130 million (€100 million) over three years to help ease the adverse effects of the deepening crisis. A new initiative, Recharging the Youth, was announced in 2013 to help create new opportunities for Greece’s younger generations and committed an additional $130 million (€100 million).[6] Upon the completion of the first phase of the program against the Greek Crisis, a second phase was introduced in June 2015, announcing the allocation of another $112 million (€100 million), intensifying the efforts against the ongoing crisis in Greece and providing immediate support to the most vulnerable groups of society.[7]

SNF's grants include:[8]

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References

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