Demetra and Eric Vassilatos Foundation
Demetra and Eric Vassilatos Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 5 grants totaling $150K. Net investment income was $232K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.9M
-0.3% YoY
Annual Giving
$150K
-49.1% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$30K
-28.7% YoY
Under IRS private-foundation payout rules, Demetra and Eric Vassilatos Foundation reported a distributable amount of $270K for 2024 — the minimum it must pay out in qualifying distributions.
About Demetra and Eric Vassilatos Foundation
Based on IRS filings
Demetra and Eric Vassilatos Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.9M in total assets. In 2024, it awarded 5 grants totaling $150K. Net investment income was $232K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,912,054 | $4,927,604 | $5,301,015 |
| Revenue | $234,493 | $60,401 | $123,370 |
| Expenses | $309,887 | $457,016 | $209,814 |
| Qualifying Distributions | $149,918 | $294,534 | $67,155 |
| Net Investment Income | $231,588 | $152,788 | $121,898 |
| Distributable Amount | $270,261 | $247,830 | $251,383 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Friends of Israeli Navy ($54,918), Lurie Cancer Center ($50,000), The Latin School of Chicago ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Commit-2-Change Chicago, IL | Contribution | $15,000 |
| Hellenic America Deerfield, IL | Contribution | $5,000 |
| Lurie Cancer Center Chicago, IL | Contribution | $50,000 |
| The Latin School of Chicago Chicago, IL | Contribution | $25,000 |
| American Friends of Israeli Navy NEW YORK, NY | Contribution | $54,918 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Demetra Vassilatos | Chair | — | — |
| Eric Vassilatos | Director | — | — |
| Katerina Bizios | Director | — | — |
| Alexandra Bizios | Director | — | — |
| Elitsa Bizios | Director | — | — |
| Penny Vassilatos | Director | — | — |
| Joanna Vassilatos | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Demetra and Eric Vassilatos Foundation?
Demetra and Eric Vassilatos Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $4.9M in total assets as of 2024.
How large is Demetra and Eric Vassilatos Foundation?
As of 2024, Demetra and Eric Vassilatos Foundation holds $4.9M in total assets with $234K in annual revenue. It awarded 5 grants totaling $150K in 2024.
Where does Demetra and Eric Vassilatos Foundation operate?
Demetra and Eric Vassilatos Foundation has awarded grants in Alabama, Florida, Illinois, Montana, New York.
What size grants does Demetra and Eric Vassilatos Foundation award?
In 2024, Demetra and Eric Vassilatos Foundation awarded 5 grants totaling $150K — an average of about $30K per grant, based on its IRS Form 990 filings.
How much is Demetra and Eric Vassilatos Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Demetra and Eric Vassilatos Foundation reported a distributable amount of $270K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Demetra and Eric Vassilatos Foundation's EIN?
Demetra and Eric Vassilatos Foundation's EIN (Employer Identification Number) is 81-3634906. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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