AHEPA Marathon Chapter No 2 Foundation

501(c)(4) organization Charlotte, NC EIN: 56-2271746

Supporting the promotion of hellenism and charitable, educational and religious purposes.

Key facts about AHEPA Marathon Chapter No 2 Foundation

In short: AHEPA Marathon Chapter No 2 Foundation gave $97K across 6 grants in 2024 (avg $16K), mostly in North Carolina. Source: 2024 IRS Form 990.

EIN
56-2271746
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$96,750
Grants made (2024)
6
Average grant
$16,125
Median grant
$15,125
Total assets
$3,453,124
Primary geography
North Carolina (74% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$3.5M

+1.2% YoY

Annual Giving

$97K

+158.0% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$16K

+72.0% YoY

How AHEPA Marathon Chapter No 2 Foundation gives

  • Giving fell 56% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About AHEPA Marathon Chapter No 2 Foundation

Based on IRS filings

AHEPA Marathon Chapter No 2 Foundation is a public charity, based in Charlotte, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 6 grants totaling $97K. Net investment income was $176K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

CharlotteMooresvilleRutherfordtonAtlantaBaltimoreBrookfieldChicagoIrvingMatthewsNew YorkWashingtonWesterly

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K4 grants2020 5 grants2021 6 grants2022 4 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $38K (2023) to $219K (2021). In 2024 it made 6 grants totaling $97K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

St Lukes Greek Orthodox Church: $25KSt Lukes Greek Orthodox Church$25KGreek Orthodox Ladies Philoptochos Society Inc: $25KGreek Orthodox LadiesPhiloptochos Society Inc$25KSt Sophia School: $20KSt Sophia School$20KSt Nektarios: $10KSt Nektarios$10KInreach: $10KInreach$10KHoly Trinity Greek Orthodox Church: $7KHoly Trinity Greek OrthodoxChurch$7K

The largest 2024 recipient was St Lukes Greek Orthodox Church ($25K). Together the top 6 received $97K.

Grant Size Distribution

25 grants across all recorded years

22<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 25 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
St Lukes Greek Orthodox Church Mooresville, NCGeneral Support$25,000
Greek Orthodox Ladies Philoptochos Society Inc New York, NYGeneral Support$25,000
St Sophia School Charlotte, NCGeneral Support$20,000
St Nektarios Charlotte, NCChristmas Fundraiser and 5K Walk/Run Fundraiser$10,250
Inreach Charlotte, NCGeneral Support$10,000
Holy Trinity Greek Orthodox Church Charlotte, NCGeneral Support$6,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,453,124$3,410,944$3,298,364
Revenue$176,187$123,340$143,400
Expenses$241,655$157,875$170,069
Net Investment Income$176,187$123,340$143,400

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 26, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS March 4, 2024)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS September 22, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

AHEPA Marathon Chapter No 2 Foundation is led by Louie P. Politis, Chairman since 2023 (on filings since 2020); none of the 10 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Louie P. Politis

    Chairman

    Secretary & Treasurer → Trustee, 2022

    Trustee → Chairman, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Terry Sarantou

    Trustee

    Trustee → Vice Chairman, 2022

    Vice Chairman → Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Frank P. Boardman

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Konstantine Gus S. Pistiolis

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Peter T. Keretsis

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • John M. Christenbury

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • John V. Lowen

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • James T. Cavalaris

    Treasurer

    Vice Chairman → Chairman, 2022

    Chairman → Treasurer, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter B. Pappas

    Vice Chairman

    President → Chairman, 2021

    Chairman → Vice Chairman, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nicholas Markos Kontos

    Secretary

    Secretary & Treasurer → Secretary, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Khalil E. Kardous (2020–2023) — Trustee
  • Former: Thomas G. Nickolopoulos (2020–2023) — Trustee
  • Former: Ronald Stavro Drobonick (2020–2022) — Trustee
  • Former: George C. Andrinopoulos (2020–2021) — Trustee
  • Former: John R. Bugg Jr. (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about AHEPA Marathon Chapter No 2 Foundation

How much does AHEPA Marathon Chapter No 2 Foundation give each year?

AHEPA Marathon Chapter No 2 Foundation gave $97K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $38K across 4 grants.

What is AHEPA Marathon Chapter No 2 Foundation's typical grant size?

AHEPA Marathon Chapter No 2 Foundation's median grant in 2024 was $15,125, and its average grant was $16,125, across 6 grants on its 2024 IRS Form 990.

Where does AHEPA Marathon Chapter No 2 Foundation give grants?

AHEPA Marathon Chapter No 2 Foundation gives mostly in North Carolina: 74% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New York (26%). The most frequent recipient cities were Charlotte, NC (4 grants).

Does AHEPA Marathon Chapter No 2 Foundation give general operating support?

Yes: 83% of AHEPA Marathon Chapter No 2 Foundation's 2024 grants with a stated purpose (5 of 6) were for general or operating support, per its 2024 IRS Form 990.

Who are AHEPA Marathon Chapter No 2 Foundation's largest grantees?

AHEPA Marathon Chapter No 2 Foundation's largest 2024 grantees include St Lukes Greek Orthodox Church ($25,000), Greek Orthodox Ladies Philoptochos Society Inc ($25,000) and St Sophia School ($20,000), according to its 2024 IRS Form 990. Together they received 72% of its itemized 2024 grant dollars.

How large is AHEPA Marathon Chapter No 2 Foundation?

AHEPA Marathon Chapter No 2 Foundation reported $3.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $176K.

What is AHEPA Marathon Chapter No 2 Foundation's EIN?

AHEPA Marathon Chapter No 2 Foundation's EIN (Employer Identification Number) is 56-2271746. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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